What is the price of glycerol per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong glycerol is between US$ 3.38 and US$ 6.52 per kilogram or between US$ 1.53 and US$ 2.96 per pound(lb). Click here to see today's exact prices of glycerol in Hong Kong
The retail price range in Hong Kong Dollar for glycerol is between HKD 26.41 and HKD 50.93 per kilogram or between HKD 11.98 and HKD 23.10 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong glycerol is between US$ 2.37 and US$ 4.56 per kilogram or between US$ 1.07 and US$ 2.07 per pound(lb).
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Hong Kong Glycerol Export Prices - Historical, Trends and Prediction
The export price of Glycerol from Hong Kong has seen a steady increase over the past five years. In 2018, the export 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 export price per kilogram of Glycerol from Hong Kong in 2022 was $3.05. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price of Glycerol from Hong Kong will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Hong Kong Glycerol Import Prices - Historical, Trends and Prediction
The import price of Glycerol into Hong Kong has seen a steady increase over the past five years. In 2018, the price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The most recent data shows that the import price of Glycerol into Hong Kong in 2022 was $2.05 per kilogram. This represents an increase of 40% from 2018 to 2022. Overall, the trend in the import price of Glycerol into Hong Kong has been steadily increasing over the past five years. It is likely that this trend will continue in the coming years, with the price per kilogram predicted to reach $2.20 in 2023 and $2.35 in 2024.Export values for Hong Kong glycerol
The total values in export for glycerol in Hong Kong were US$ 172, US$ 437, US$ 622 and US$ 162 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 glycerol in other countries across Asia: Kazakhstan glycerol, Kyrgyzstan glycerol, Tajikistan glycerol, Turkmenistan glycerol, Uzbekistan glycerol, China glycerol, Hong Kong glycerol, Macao glycerol, North Korea glycerol & Mongolia glycerol.
Hong Kong glycerol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 2,326 tonnes of glycerol. In 2019 alone, the interest in Hong Kong glycerol (processed category) has improved, recording a change of 16.01 pc compared to the year 2018. Between 2017 and 2019, glycerol's exports increased by 55.69% earning the nation US$0.16m for the year 2019. Hong Kong's glycerol exports are categorised as:
- Glycerol, crude; glycerol waters and glycerol lyes (HS code 152000)
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Hong Kong glycerol export values
In 2019, Hong Kong supplied glycerol with a value of 0.16m USD, a contraction of -74.28% from 2018's total glycerol export of 0.622m USD. The annual reduction in value of Hong Kong glycerol between 2017 to 2018 was 42.334 pc.
The yearly change in the volume of Hong Kong's glycerol exports between 2017 and 2019 was 55.69 pc in comparison to a variation of 16.01% in the period between 2018 and 2019.
Hong Kong's share of the world's total glycerol's exports in 2019 was less than 1%. The country is ranked number 32 in world exports of glycerol.
Export markets for Hong Kong glycerol ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of glycerol. The annual growth of Hong Kong glycerol in value between 2015 to 2019 was -2%, per year, while annual growth in quantity through the same period was -2%, per annum.
Hong Kong ordered 159 tonnes of glycerol in 2019.