Hong Kong SAR, China - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Granite Price in Hong Kong SAR - 2023
Contents:
- Crude Granite Price in Hong Kong SAR (CIF) - 2022
- Crude Granite Price in Hong Kong SAR (FOB) - 2022
- Crude Granite Imports in Hong Kong SAR
- Crude Granite Exports in Hong Kong SAR
Crude Granite Price in Hong Kong SAR (CIF) - 2022
The average crude granite import price stood at $169 per ton in 2022, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 4.8%. As a result, import price attained the peak level of $172 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,185 per ton), while the price for Brazil ($46 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Granite Price in Hong Kong SAR (FOB) - 2022
In 2022, the average crude granite export price amounted to $281 per ton, declining by -18.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 84%. Over the period under review, the average export prices reached the maximum at $844 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,210 per ton), while the average price for exports to China ($227 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 the UK (+11.7%), while the prices for the other major destinations experienced a decline.
Crude Granite Imports in Hong Kong SAR
Crude granite imports into Hong Kong SAR fell sharply to 87K tons in 2022, which is down by -18.3% compared with 2021 figures. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 173% against the previous year. As a result, imports reached the peak of 106K tons, and then dropped remarkably in the following year.
In value terms, crude granite imports dropped markedly to $15M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 173% against the previous year. As a result, imports attained the peak of $18M, and then plummeted in the following year.
| Import of Crude Granite in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.1 | 1.1 | 0.5 | 7.2 | 12.2% |
| China | 1.1 | 2.6 | 10.4 | 4.4 | 58.7% |
| Taiwan (Chinese) | 0.6 | 1.3 | 3.4 | 1.5 | 35.7% |
| Mozambique | N/A | 0.3 | 0.3 | 0.4 | 15.5% |
| Brazil | 0.3 | 0.5 | 1.0 | 0.2 | -12.6% |
| Others | 0.3 | 0.8 | 2.4 | 1.1 | 54.2% |
| Total | 7.5 | 6.6 | 18.0 | 14.7 | 25.1% |
Top Suppliers of Crude Granite to Hong Kong SAR in 2022:
- India (53.6K tons)
- China (13.6K tons)
- Taiwan (Chinese) (9.2K tons)
- Mozambique (4.5K tons)
- Brazil (3.5K tons)
Crude Granite Exports in Hong Kong SAR
In 2022, exports of granite (crude) from Hong Kong SAR expanded notably to 2K tons, increasing by 13% compared with the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 2.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, crude granite exports declined to $561K in 2022. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
| Export of Crude Granite in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 565 | 455 | 458 | 405 | -10.5% |
| United Kingdom | 35.5 | 4.6 | 52.4 | 53.7 | 14.8% |
| India | 27.6 | 25.8 | 51.1 | 47.6 | 19.9% |
| Others | 88.7 | 23.8 | 50.8 | 54.8 | -14.8% |
| Total | 716 | 509 | 613 | 561 | -7.8% |
Top Export Markets for Crude Granite from Hong Kong SAR in 2022:
- China (1785.7 tons)
- India (133.4 tons)
- United Kingdom (44.4 tons)
This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed
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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