Price for Lecithins and Other Phosphoaminolipids in Hong Kong SAR - 2023

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Hong Kong SAR (CIF) - 2022
2. Price for Lecithins and Other Phosphoaminolipids in Hong Kong SAR (FOB) - 2022
3. Imports of Lecithins and Other Phosphoaminolipids in Hong Kong SAR
4. Exports of Lecithins and Other Phosphoaminolipids in Hong Kong SAR

Price for Lecithins and Other Phosphoaminolipids in Hong Kong SAR (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $15,358 per ton, surging by 123% against the previous year. Over the period under review, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($35,108 per ton), while the price for China totaled $6,552 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Hong Kong SAR (FOB) - 2022

The average lecithins and other phosphoaminolipids export price stood at $5,831 per ton in 2022, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.0% per year.

Imports of Lecithins and Other Phosphoaminolipids in Hong Kong SAR

In 2022, lecithins and other phosphoaminolipids imports into Hong Kong SAR dropped dramatically to 5.1 tons, shrinking by -18.8% against the previous year's figure. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 32%.

In value terms, lecithins and other phosphoaminolipids imports soared to $78K in 2022. Overall, imports saw a pronounced decrease.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Hong Kong SAR in 2022:

1. China (3.5 tons)
2. New Zealand (1.5 tons)

Exports of Lecithins and Other Phosphoaminolipids in Hong Kong SAR

In 2022, exports of lecithins and other phosphoaminolipidses from Hong Kong SAR shrank markedly to 3.7 tons, declining by -92.4% compared with 2021. Over the period under review, exports, however, saw pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,844%. As a result, the exports attained the peak of 49 tons, and then fell sharply in the following year.

In value terms, lecithins and other phosphoaminolipids exports fell sharply to $22K in 2022. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 3,422% against the previous year. As a result, the exports reached the peak of $236K, and then declined sharply in the following year.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Hong Kong SAR in 2022:

1. China (3.7 tons)

Source: IndexBox Market Intelligence Platform