Hong Kong SAR, China - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCompound Plasticisers Price in Hong Kong SAR - 2023
Contents:
- Compound Plasticisers Price in Hong Kong SAR (FOB) - 2023
- Compound Plasticisers Price in Hong Kong SAR (CIF) - 2023
- Compound Plasticisers Exports in Hong Kong SAR
- Compound Plasticisers Imports in Hong Kong SAR
Compound Plasticisers Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average compound plasticisers export price amounted to $2,599 per ton, shrinking by -21.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 59% m-o-m. Over the period under review, the average export prices reached the maximum at $5,253 per ton in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Vietnam ($2,849 per ton), while the average price for exports to Indonesia ($2,298 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+10.6%), while the prices for the other major destinations experienced a decline.
Compound Plasticisers Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average compound plasticisers import price amounted to $2,657 per ton, with a decrease of -45.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 92% m-o-m. As a result, import price reached the peak level of $6,100 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($6,622 per ton), while the price for Germany ($1,979 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 (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Compound Plasticisers Exports in Hong Kong SAR
Compound plasticisers exports from Hong Kong SAR dropped dramatically to 3.9K tons in 2022, declining by -38.6% against the year before. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40%.
In value terms, compound plasticisers exports shrank notably to $12M in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, the exports attained the peak of $16M, and then declined remarkably in the following year.
Export of Compound Plasticisers in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.2 | 9.1 | 14.9 | 10.8 | -6.5% |
Cambodia | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
Others | 0.7 | 0.5 | 0.7 | 0.6 | -5.0% |
Total | 13.9 | 9.8 | 16.1 | 11.8 | -5.3% |
Top Export Markets for Compound Plasticisers from Hong Kong SAR in 2022:
- China (3.6K tons)
- Cambodia (0.2K tons)
Compound Plasticisers Imports in Hong Kong SAR
In 2022, the amount of compound plasticisers for rubber or plastics imported into Hong Kong SAR contracted rapidly to 4.1K tons, falling by -34.4% on the previous year's figure. Over the period under review, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 1.2%.
In value terms, compound plasticisers imports fell to $11M in 2022. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 21%.
Import of Compound Plasticisers in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 4.3 | 6.7 | 4.9 | 8.8% |
South Korea | 1.4 | 1.6 | 1.6 | 1.2 | -5.0% |
Netherlands | 4.2 | 0.1 | 0.1 | 1.1 | -36.0% |
China | 2.2 | 0.7 | 0.9 | 1.0 | -23.1% |
Taiwan (Chinese) | 0.8 | 1.3 | 0.7 | 0.7 | -4.4% |
Singapore | 1.2 | 0.8 | 1.0 | 0.7 | -16.4% |
Belgium | 1.7 | 0.2 | N/A | 0.5 | -33.5% |
United States | 0.5 | 0.1 | 0.3 | 0.2 | -26.3% |
Others | 2.1 | 1.3 | 1.2 | 1.0 | -21.9% |
Total | 17.9 | 10.4 | 12.6 | 11.3 | -14.2% |
Top Suppliers of Compound Plasticisers to Hong Kong SAR in 2022:
- Germany (1820.3 tons)
- South Korea (590.7 tons)
- Netherlands (501.8 tons)
- China (258.2 tons)
- Taiwan (Chinese) (244.6 tons)
- Singapore (219.9 tons)
- Belgium (209.3 tons)
- United States (105.7 tons)
This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics
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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