Hong Kong SAR, China - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAmino-Resin Price in Hong Kong SAR - 2023
Contents:
- Amino-Resin Price in Hong Kong SAR (FOB) - 2023
- Amino-Resin Price in Hong Kong SAR (CIF) - 2023
- Amino-Resin Exports in Hong Kong SAR
- Amino-Resin Imports in Hong Kong SAR
Amino-Resin Price in Hong Kong SAR (FOB) - 2023
In August 2023, the average amino-resin export price amounted to $3,596 per ton, dropping by -6.4% against the previous month. Overall, the export price saw a pronounced descent. The pace of growth appeared the most rapid in March 2023 an increase of 33% month-to-month. Over the period under review, the average export prices attained the maximum at $6,367 per ton in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($5,679 per ton), while the average price for exports to Vietnam ($1,094 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+3.1%), while the prices for the other major destinations experienced a decline.
Amino-Resin Price in Hong Kong SAR (CIF) - 2023
The average amino-resin import price stood at $3,660 per ton in August 2023, reducing by -10.7% against the previous month. In general, the import price saw a mild decline. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $5,072 per ton. From November 2022 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($7,962 per ton), while the price for Mexico ($1,035 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Amino-Resin Exports in Hong Kong SAR
In 2022, amino-resin exports from Hong Kong SAR fell rapidly to 15K tons, declining by -60.9% against the previous year's figure. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 75%. As a result, the exports reached the peak of 39K tons, and then fell significantly in the following year.
In value terms, amino-resin exports dropped markedly to $92M in 2022. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports reached the peak of $174M, and then declined remarkably in the following year.
| Export of Amino-Resin in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 142 | 116 | 161 | 78.1 | -18.1% |
| Vietnam | 4.4 | 1.7 | 3.9 | 5.3 | 6.4% |
| Indonesia | 0.1 | 0.3 | 2.2 | 1.9 | 166.8% |
| Macao SAR | 0.9 | 1.1 | 1.3 | 1.7 | 23.6% |
| India | 0.3 | 0.4 | 1.5 | 1.4 | 67.1% |
| Others | 5.7 | 4.3 | 4.0 | 3.6 | -14.2% |
| Total | 153 | 123 | 174 | 91.9 | -15.6% |
Top Export Markets for Amino-Resin from Hong Kong SAR in 2022:
- China (11.0K tons)
- Vietnam (2.7K tons)
- Macao SAR (0.6K tons)
- India (0.3K tons)
- Indonesia (0.2K tons)
Amino-Resin Imports in Hong Kong SAR
In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) imported into Hong Kong SAR contracted rapidly to 18K tons, falling by -44.1% compared with 2021 figures. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 32K tons, and then dropped rapidly in the following year.
In value terms, amino-resin imports fell rapidly to $93M in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $168M, and then dropped sharply in the following year.
| Import of Amino-Resin in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.5 | 25.2 | 37.7 | 17.7 | -15.7% |
| Taiwan (Chinese) | 20.2 | 18.5 | 34.5 | 16.7 | -6.1% |
| Germany | 25.5 | 22.5 | 31.5 | 14.8 | -16.6% |
| United States | 10.7 | 9.0 | 12.6 | 9.7 | -3.2% |
| Japan | 11.6 | 11.8 | 18.4 | 9.2 | -7.4% |
| South Korea | 7.2 | 3.1 | 6.4 | 7.5 | 1.4% |
| Netherlands | 1.5 | 7.1 | 11.0 | 6.2 | 60.5% |
| Singapore | 3.7 | 3.1 | 3.8 | 2.2 | -15.9% |
| Italy | 3.3 | 3.0 | 2.2 | 1.8 | -18.3% |
| Australia | 1.4 | 1.2 | 2.0 | 1.8 | 8.7% |
| Mexico | 1.4 | 1.0 | 1.0 | 0.1 | -58.5% |
| Others | 4.8 | 4.8 | 6.8 | 5.8 | 6.5% |
| Total | 121 | 110 | 168 | 93.3 | -8.3% |
Top Suppliers of Amino-Resin to Hong Kong SAR in 2022:
- Mexico (undefinedK tons)
- China (4.5K tons)
- United States (2.3K tons)
- Germany (1.9K tons)
- Taiwan (Chinese) (1.7K tons)
- South Korea (1.7K tons)
- Japan (1.4K tons)
- Netherlands (0.8K tons)
- Italy (0.6K tons)
- Singapore (0.4K tons)
- Australia (0.4K tons)
This report provides an in-depth analysis of the amino-resin 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 20165550 - Urea resins and thiourea resins, in primary forms
- Prodcom 20165570 - Melamine resins, in primary forms
- Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
- Prodcom 20165650 - Phenolic resins, in primary forms
- Prodcom 20165670 - Polyurethanes, 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
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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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This report provides an in-depth analysis of the amino-resin market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the phenolic resins market in Hong Kong SAR, China.
267
This report provides an in-depth analysis of the melamine resins market in Hong Kong SAR, China.
238
This report provides an in-depth analysis of the polyurethanes market in Hong Kong SAR, China.
277
This report provides an in-depth analysis of the market for urea and thiourea resins in Hong Kong SAR, China.
340
This report provides an in-depth analysis of the amino resin market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global amino-resin market.
755
This report provides an in-depth analysis of the global phenolic resins market.
627
This report provides an in-depth analysis of the global melamine resins market.
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This report provides an in-depth analysis of the global polyurethanes market.
137
From May 2023 to October 2023, Phenolic Resins imports experienced a significant decline, reaching a value of $366K in October 2023.
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In January 2023, the phenolic resins price stood at $4,775 per ton (CIF, Hong Kong), with an increase of 5% against the previous month.
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In April 2023, the exports of Polyurethanes showed a remarkable growth rate of 43% compared to the previous month. However, in October 2023, the value of Polyurethanes exports contracted significantly to $2.4M.
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The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
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In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
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In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
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The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
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Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
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Explore the top import markets for polyurethanes in 2023. Discover key countries driving the global demand for polyurethane products.
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Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
