What is the price of ethyl alcohol per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong ethyl alcohol is between US$ 10.47 and US$ 15.44 per kilogram or between US$ 4.75 and US$ 7.00 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Hong Kong
The retail price range in Hong Kong Dollar for ethyl alcohol is between HKD 81.87 and HKD 120.71 per kilogram or between HKD 37.13 and HKD 54.75 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong ethyl alcohol is between US$ 7.33 and US$ 10.81 per kilogram or between US$ 3.33 and US$ 4.90 per pound(lb).
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Hong Kong Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from Hong Kong has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which increased to $2.60 in 2020. This trend continued in 2021, with the export price per kilogram reaching $2.75. In 2022, the export price per kilogram rose to $2.90, and is expected to continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of Ethyl Alcohol from Hong Kong will reach $3.05 in 2023 and $3.20 in 2024.Hong Kong Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price of Ethyl Alcohol into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of Ethyl Alcohol into Hong Kong was $3.05 in 2022. This represents an overall increase of 24.5% in the import price over the past five years. Looking ahead, it is likely that the import price of Ethyl Alcohol into Hong Kong will continue to increase in the coming years. Based on the current trend, it is likely that the import price per kilogram of Ethyl Alcohol into Hong Kong will be around $3.20 in 2023 and $3.35 in 2024.Export values for Hong Kong ethyl alcohol
The total values in export for ethyl alcohol in Hong Kong were US$ 227,951, US$ 176,681, US$ 223,377 and US$ 215,615 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of ethyl alcohol in other countries across Asia: Kazakhstan ethyl alcohol, Kyrgyzstan ethyl alcohol, Tajikistan ethyl alcohol, Turkmenistan ethyl alcohol, Uzbekistan ethyl alcohol, China ethyl alcohol, Hong Kong ethyl alcohol, Macao ethyl alcohol, North Korea ethyl alcohol & Mongolia ethyl alcohol.
Hong Kong ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 1,617 tonnes of ethyl alcohol. For 2019 alone, the demand for Hong Kong ethyl alcohol (processed category) has decreased, flactuating by -17.877 % compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports grew by 24.19 pc bringing the country US$215.62m for the year 2019. Hong Kong's ethyl alcohol exports are classified as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
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Hong Kong ethyl alcohol export values
In 2019, Hong Kong supplied ethyl alcohol worth 215.62m USD, a drop of -3.47% from 2018's total ethyl alcohol export of 223.377m USD. The yearly reduction in value of Hong Kong ethyl alcohol between 2017 to 2018 was 26.43 percent.
The per year change in the quantity of Hong Kong's ethyl alcohol exports between 2017 and 2019 was 24.19 percent in comparison to a variation of -17.877% in the period between 2018 and 2019.
Export markets for Hong Kong ethyl alcohol ( in '000$ )
Hong Kong bought 8,467 tonnes of ethyl alcohol in 2019.