Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR - 2023

Contents:

  1. Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (CIF) - 2023
  2. Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (FOB) - 2022
  3. Imports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR
  4. Exports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR

Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses amounted to $469 per ton, picking up by 86% against the previous month. Over the period under review, the import price showed a pronounced expansion. Over the period under review, average import prices attained the maximum at $475 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

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

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +4.7% per month.

Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses amounted to $826 per ton, rising by 9.6% against the previous year. In general, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $4,612 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($826 per ton), while the average price for exports to Thailand amounted to $826 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR

In 2022, the amount of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses imported into Hong Kong SAR amounted to 37K tons, growing by 7% against the previous year's figure. The total import volume increased at an average annual rate of +14.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses fell remarkably to $9.9M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $12M, and then declined significantly in the following year.

Import of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.410.112.39.85.3%
Others0.10.10.10.10.0%
Total8.510.112.49.95.2%

Top Suppliers of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites to Hong Kong SAR in 2022:

  1. China (37.0K tons)

Exports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR

Exports of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses from Hong Kong SAR declined rapidly to 2.7K tons in 2022, waning by -56.2% against the previous year. In general, exports, however, posted modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 460%. As a result, the exports reached the peak of 6.3K tons, and then contracted notably in the following year.

In value terms, exports of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses contracted remarkably to $2.3M in 2022. Overall, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 406%. As a result, the exports reached the peak of $4.7M, and then declined significantly in the following year.

Export of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand8805412,5581,39716.7%
Philippines6262911,25686711.5%
Nigeria279N/AN/AN/A0%
Vietnam16.9N/A898N/A628.9%
Indonesia448N/AN/AN/A0%
Others2661026.4N/A-84.5%
Total2,5179334,7182,264-3.5%

Top Export Markets for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites from Hong Kong SAR in 2022:

  1. Thailand (1.7K tons)
  2. Philippines (1.1K tons)

Source: IndexBox Market Intelligence Platform

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