Hong Kong SAR, China - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Synthetic Organic Colouring Matters in Hong Kong SAR - 2023
Contents:
- Price for Synthetic Organic Colouring Matters in Hong Kong SAR (CIF) - 2023
- Price for Synthetic Organic Colouring Matters in Hong Kong SAR (FOB) - 2022
- Imports of Synthetic Organic Colouring Matters in Hong Kong SAR
- Exports of Synthetic Organic Colouring Matters in Hong Kong SAR
Price for Synthetic Organic Colouring Matters in Hong Kong SAR (CIF) - 2023
The average synthetic organic colouring matters import price stood at $20,340 per ton in June 2023, jumping by 49% against the previous month. Overall, import price indicated a notable increase from June 2022 to June 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, synthetic organic colouring matters import price increased by +74.3% against April 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 49% against the previous month. As a result, import price attained the peak level of $21,487 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($118K per ton), while the price for Malaysia ($1,142 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Organic Colouring Matters in Hong Kong SAR (FOB) - 2022
The average synthetic organic colouring matters export price stood at $21,060 per ton in 2022, jumping by 50% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic organic colouring matters export price increased by +58.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($24,912 per ton), while the average price for exports to the Philippines ($10,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Synthetic Organic Colouring Matters in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas purchases of other synthetic organic colouring matters, which decreased by -44% to 1.7K tons in 2022. Overall, imports continue to indicate a sharp downturn. The smallest decline of -4.5% was in 2021.
In value terms, synthetic organic colouring matters imports contracted notably to $26M in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of -7.3% was in 2020.
| Import of Synthetic Organic Colouring Matters in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.6 | 15.9 | 17.5 | 9.2 | -7.4% |
| China | 18.3 | 12.2 | 8.1 | 5.0 | -35.1% |
| Belgium | 3.2 | 2.9 | 4.6 | 3.8 | 5.9% |
| Taiwan (Chinese) | 2.3 | 1.6 | 2.2 | 2.4 | 1.4% |
| United States | 2.7 | 2.6 | 2.7 | 1.6 | -16.0% |
| India | 2.0 | 1.2 | 4.5 | 1.0 | -20.6% |
| Singapore | 2.2 | 2.0 | 1.8 | 0.6 | -35.2% |
| South Korea | 1.7 | 1.2 | 0.8 | 0.6 | -29.3% |
| Spain | 1.0 | 1.1 | 1.0 | 0.4 | -26.3% |
| Malaysia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Thailand | 1.4 | 0.7 | 0.1 | 0.1 | -58.5% |
| Indonesia | 2.5 | 1.7 | 0.6 | N/A | -51.0% |
| Others | 6.1 | 7.9 | 2.7 | 1.7 | -34.7% |
| Total | 55.2 | 51.2 | 46.7 | 26.4 | -21.8% |
Top Suppliers of Synthetic Organic Colouring Matters to Hong Kong SAR in 2022:
- China (379.3 tons)
- Taiwan (Chinese) (279.7 tons)
- Japan (245.4 tons)
- Belgium (147.4 tons)
- Malaysia (110.8 tons)
- India (97.2 tons)
- United States (96.4 tons)
- Spain (68.3 tons)
- South Korea (65.0 tons)
- Singapore (54.3 tons)
- Indonesia (6.0 tons)
- Thailand (5.2 tons)
Exports of Synthetic Organic Colouring Matters in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of other synthetic organic colouring matters, which decreased by -53.7% to 1.3K tons in 2022. Overall, exports recorded a dramatic contraction. The smallest decline of -6.6% was in 2020.
In value terms, synthetic organic colouring matters exports declined dramatically to $28M in 2022. Over the period under review, exports saw a dramatic decrease. The smallest decline of -9.1% was in 2021.
| Export of Synthetic Organic Colouring Matters in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.6 | 28.0 | 27.0 | 19.2 | -19.3% |
| Vietnam | 2.1 | 2.4 | 4.2 | 1.7 | -6.8% |
| Turkey | 0.7 | 0.8 | 0.2 | 0.9 | 8.7% |
| Bangladesh | 1.1 | 1.4 | 0.9 | 0.7 | -14.0% |
| Indonesia | 1.8 | 1.2 | 1.0 | 0.5 | -34.8% |
| India | 2.5 | 1.9 | 1.5 | 0.4 | -45.7% |
| Philippines | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 11.6 | 7.8 | 4.8 | 4.1 | -29.3% |
| Total | 56.8 | 43.9 | 39.9 | 27.8 | -21.2% |
Top Export Markets for Synthetic Organic Colouring Matters from Hong Kong SAR in 2022:
- China (927.9 tons)
- Vietnam (100.5 tons)
- Turkey (42.9 tons)
- Bangladesh (38.2 tons)
- Philippines (30.3 tons)
- India (19.4 tons)
- Indonesia (19.3 tons)
This report provides an in-depth analysis of the market for synthetic organic colouring matters in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20122150 - Other synthetic organic colouring matters
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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