Hong Kong SAR, China - Composite Diagnostic Or Laboratory Reagents - Market Analysis, Forecast, Size, Trends And Insights
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View PricingComposite Laboratory Reagents Price in Hong Kong SAR - 2023
Contents:
- Composite Laboratory Reagents Price in Hong Kong SAR (FOB) - 2023
- Composite Laboratory Reagents Price in Hong Kong SAR (CIF) - 2023
- Composite Laboratory Reagents Exports in Hong Kong SAR
- Composite Laboratory Reagents Imports in Hong Kong SAR
Composite Laboratory Reagents Price in Hong Kong SAR (FOB) - 2023
The average composite laboratory reagents export price stood at $207K per ton in June 2023, leveling off at the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 1.2% m-o-m. Over the period under review, the average export prices attained the maximum at $208K per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In June 2023, the highest price was recorded for prices to Russia ($210K per ton) and Ecuador ($210K per ton), while the average price for exports to the United States ($196K per ton) and Vietnam ($199K per ton) were amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Composite Laboratory Reagents Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average composite laboratory reagents import price amounted to $594K per ton, with an increase of 85% against the previous month. In general, the import price posted prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.2% per month.
Composite Laboratory Reagents Exports in Hong Kong SAR
In 2022, overseas shipments of composite diagnostic or laboratory reagents decreased by -26.5% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, composite laboratory reagents exports declined dramatically to $121M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 304% against the previous year. As a result, the exports attained the peak of $170M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Composite Laboratory Reagents in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.3 | 2.9 | 28.2 | 77.8 | 537.7% |
India | 16.4 | 15.1 | 18.8 | 10.6 | -13.5% |
Georgia | 0.1 | 0.3 | 0.5 | 3.8 | 236.2% |
Germany | 1.1 | 2.6 | 14.0 | 3.4 | 45.7% |
Philippines | 2.8 | 9.0 | 9.6 | 1.4 | -20.6% |
Guatemala | 0.7 | 0.5 | 1.0 | 0.3 | -24.6% |
Mozambique | 0.9 | 0.2 | 0.5 | 0.1 | -51.9% |
Colombia | 0.1 | 1.1 | 0.3 | N/A | 73.2% |
Malaysia | 2.5 | 4.3 | 4.0 | N/A | 26.5% |
Others | 17.0 | 134 | 88.5 | 24.1 | 12.3% |
Total | 42.0 | 170 | 165 | 121 | 42.3% |
Top Export Markets for Composite Laboratory Reagents from Hong Kong SAR in 2022:
- United States (537.4 tons)
- India (90.4 tons)
- Philippines (66.7 tons)
- Germany (56.5 tons)
- Georgia (19.0 tons)
- Guatemala (10.9 tons)
- Mozambique (6.5 tons)
Composite Laboratory Reagents Imports in Hong Kong SAR
Composite laboratory reagents imports into Hong Kong SAR soared to 21K tons in 2022, picking up by 766% compared with the previous year's figure. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, composite laboratory reagents imports soared to $1.4B in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Composite Laboratory Reagents in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.5 | 287 | 226 | 931 | 378.5% |
United States | 80.0 | 75.3 | 124 | 108 | 10.5% |
Germany | 17.3 | 23.3 | 36.0 | 51.8 | 44.1% |
Japan | 7.1 | 8.2 | 9.9 | 12.8 | 21.7% |
Others | 184 | 179 | 230 | 254 | 11.3% |
Total | 297 | 573 | 626 | 1,358 | 66.0% |
Top Suppliers of Composite Laboratory Reagents to Hong Kong SAR in 2022:
- China (17.9K tons)
- United States (0.5K tons)
- Germany (0.5K tons)
- Japan (0.4K tons)
This report provides an in-depth analysis of the composite laboratory reagents 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 20595210 - Composite diagnostic or laboratory reagents, including paper impregnated or coated with diagnostic or laboratory reagents
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
This report provides an in-depth analysis of the composite laboratory reagents market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global composite laboratory reagents market.
This report provides an in-depth analysis of the composite laboratory reagents market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global composite laboratory reagents market.
Explore the top import markets for composite laboratory reagents in 2023 and learn about the key players in the global market.
In value terms, reagents imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, reagents exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
Explore the top import markets for composite laboratory reagents in 2023 and learn about the key players in the global market.
In value terms, reagents imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, reagents exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...