Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR - 2023

Contents:

1. Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR (FOB) - 2023
2. Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR (CIF) - 2022
3. Exports of Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR
4. Imports of Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR

Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR (FOB) - 2023

In October 2023, the average export price for colloidal precious metals; whether or not chemically defineds amounted to $3.7M per ton, reducing by -5.1% against the previous month. Over the period under review, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 31% against the previous month. As a result, the export price attained the peak level of $7,479 per kg; afterwards, it flattened through to October 2023.

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

From November 2022 to October 2023, the rate of growth in terms of prices for China amounted to -4.0% per month.

Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR (CIF) - 2022

The average import price for colloidal precious metals; whether or not chemically defineds stood at $207,929 per ton in 2022, with an increase of 164% against the previous year. In general, the import price, however, showed a drastic downturn. Over the period under review, average import prices reached the maximum at $439,885 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($883,149 per ton), while the price for Austria ($35,182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR

After two years of decline, shipments abroad of colloidal precious metals; whether or not chemically defineds increased by 579% to 747 kg in 2022. Over the period under review, exports, however, saw a perceptible reduction.

In value terms, exports of colloidal precious metals; whether or not chemically defineds soared to $1.7M in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

Top Export Markets for Colloidal Precious Metals; Whether or Not Chemically Defined from Hong Kong SAR in 2022:

1. China (747.0 kg)

Imports of Colloidal Precious Metals; Whether or Not Chemically Defined in Hong Kong SAR

In 2022, the amount of colloidal precious metals; whether or not chemically defineds imported into Hong Kong SAR soared to 4.9 tons, increasing by 407% on the year before. In general, imports, however, showed a sharp slump.

In value terms, imports of colloidal precious metals; whether or not chemically defineds skyrocketed to $1M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Colloidal Precious Metals; Whether or Not Chemically Defined to Hong Kong SAR in 2022:

1. Japan (3.6 tons)
2. United States (1.0 tons)
3. Austria (0.2 tons)

Source: IndexBox Market Intelligence Platform