Price for Unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene) in Hong Kong SAR - 2023

Contents:

1. Price for Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR (CIF) - 2022
2. Price for Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR (FOB) - 2022
3. Imports of Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR
4. Exports of Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR

Price for Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR (CIF) - 2022

The average import price for unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s stood at $1,578 per ton in 2022, rising by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. Over the period under review, average import prices reached the maximum at $1,811 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($1,691 per ton) and Japan ($1,583 per ton), while the price for Malaysia ($1,195 per ton) and China ($1,365 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR (FOB) - 2022

The average export price for unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s stood at $2,207 per ton in 2022, surging by 64% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The export price peaked at $3,157 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($2,813 per ton), while the average price for exports to Thailand stood at $996 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR

In 2022, the amount of unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s imported into Hong Kong SAR contracted sharply to 332 tons, shrinking by -29.6% against 2021. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 267% against the previous year. As a result, imports attained the peak of 472 tons, and then dropped sharply in the following year.

In value terms, imports of unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s totaled $524K in 2022. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 162% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) to Hong Kong SAR in 2022:

1. Germany (144.2 tons)
2. China (96.0 tons)
3. Japan (42.6 tons)
4. Belgium (26.1 tons)
5. Malaysia (19.8 tons)

Exports of Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) in Hong Kong SAR

In 2022, exports of unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s from Hong Kong SAR fell sharply to 49 tons, with a decrease of -80.1% on 2021. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 481%. As a result, the exports reached the peak of 244 tons, and then reduced sharply in the following year.

In value terms, exports of unsaturated chlorinated derivatives of acyclic hydrocarbons; tetrachloroethylene (perchloroethylene)s reduced markedly to $107K in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 209%. As a result, the exports attained the peak of $328K, and then fell markedly in the following year.

Top Export Markets for Unsaturated Chlorinated Derivatives of Acyclic Hydrocarbons; Tetrachloroethylene (Perchloroethylene) from Hong Kong SAR in 2022:

1. Macao SAR (32.4 tons)
2. Thailand (16.2 tons)

Source: IndexBox Market Intelligence Platform