Hong Kong SAR, China - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingABS Copolymers Price in Hong Kong SAR - 2023
Contents:
- ABS Copolymers Price in Hong Kong SAR (CIF) - 2023
- ABS Copolymers Price in Hong Kong SAR (FOB) - 2023
- ABS Copolymers Imports in Hong Kong SAR
- ABS Copolymers Exports in Hong Kong SAR
ABS Copolymers Price in Hong Kong SAR (CIF) - 2023
The average ABS copolymers import price stood at $1,562 per ton in June 2023, standing approximately at the previous month. Over the period under review, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 7% m-o-m. Over the period under review, average import prices reached the peak figure at $2,003 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($3,043 per ton), while the price for South Korea ($1,437 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 China (-0.3%), while the prices for the other major suppliers experienced a decline.
ABS Copolymers Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average ABS copolymers export price amounted to $1,673 per ton, approximately mirroring the previous month. Overall, the export price showed a slight decrease. The growth pace was the most rapid in April 2023 an increase of 7% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,006 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,695 per ton), while the average price for exports to Malaysia amounted to $501 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.4%).
ABS Copolymers Imports in Hong Kong SAR
In 2022, approx. 182K tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were imported into Hong Kong SAR; which is down by -50.4% against 2021 figures. In general, imports showed a dramatic descent. The smallest decline of -13.9% was in 2021.
In value terms, ABS copolymers imports reduced dramatically to $366M in 2022. Over the period under review, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $888M, and then fell remarkably in the following year.
| Import of ABS Copolymers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 463 | 394 | 551 | 218 | -22.2% |
| South Korea | 250 | 197 | 206 | 87.7 | -29.5% |
| Malaysia | 37.9 | 41.8 | 57.8 | 19.2 | -20.3% |
| Japan | 37.6 | 32.5 | 33.7 | 15.8 | -25.1% |
| China | 23.0 | 22.0 | 18.3 | 10.6 | -22.8% |
| Thailand | 10.6 | 8.0 | 13.4 | 7.7 | -10.1% |
| Others | 7.6 | 5.4 | 7.1 | 7.2 | -1.8% |
| Total | 829 | 701 | 888 | 366 | -23.9% |
Top Suppliers of ABS Copolymers to Hong Kong SAR in 2022:
- Taiwan (Chinese) (111.8K tons)
- South Korea (45.8K tons)
- Malaysia (9.7K tons)
- Japan (5.1K tons)
- China (3.7K tons)
- Thailand (3.2K tons)
ABS Copolymers Exports in Hong Kong SAR
In 2022, approx. 185K tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were exported from Hong Kong SAR; with a decrease of -52.3% compared with the previous year's figure. In general, exports faced a sharp slump. The smallest decline of -11.7% was in 2021.
In value terms, ABS copolymers exports declined dramatically to $374M in 2022. Overall, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $856M, and then dropped significantly in the following year.
| Export of ABS Copolymers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 821 | 692 | 836 | 362 | -23.9% |
| Others | 11.6 | 10.3 | 19.6 | 11.6 | 0.0% |
| Total | 832 | 702 | 856 | 374 | -23.4% |
Top Export Markets for ABS Copolymers from Hong Kong SAR in 2022:
- China (179.2K tons)
This report provides an in-depth analysis of the abs copolymers market 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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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