Hong Kong SAR, China - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyclic Hydrocarbons Price in Hong Kong SAR - 2023
Contents:
- Cyclic Hydrocarbons Price in Hong Kong SAR (CIF) - 2023
- Cyclic Hydrocarbons Price in Hong Kong SAR (FOB) - 2022
- Cyclic Hydrocarbons Imports in Hong Kong SAR
- Cyclic Hydrocarbons Exports in Hong Kong SAR
Cyclic Hydrocarbons Price in Hong Kong SAR (CIF) - 2023
The average cyclic hydrocarbons import price stood at $1,028 per ton in August 2023, reducing by -2% against the previous month. In general, the import price saw a mild decline. The pace of growth was the most pronounced in January 2023 when the average import price increased by 8.2% month-to-month. The import price peaked at $1,250 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($1,100 per ton), while the price for Kuwait ($955 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 Kuwait (-1.4%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons Price in Hong Kong SAR (FOB) - 2022
In 2022, the average cyclic hydrocarbons export price amounted to $18,319 per ton, picking up by 247% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($626,428 per ton), while the average price for exports to Macao SAR ($1,860 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 United States (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclic Hydrocarbons Imports in Hong Kong SAR
In 2022, supplies from abroad of cyclic hydrocarbons decreased by -5.9% to 288K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 12%.
In value terms, cyclic hydrocarbons imports contracted to $343M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $355M, and then shrank in the following year.
| Import of Cyclic Hydrocarbons in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 190 | 172 | 293 | 253 | 10.0% |
| Taiwan (Chinese) | 4.7 | 25.0 | 36.2 | 55.2 | 127.3% |
| Kuwait | N/A | N/A | 3.5 | 21.0 | 500.0% |
| China | 20.3 | 0.5 | 16.9 | 8.3 | -25.8% |
| Saudi Arabia | 20.9 | 2.2 | N/A | N/A | -89.5% |
| Others | 13.8 | 0.8 | 4.6 | 6.3 | -23.0% |
| Total | 249 | 201 | 355 | 343 | 11.3% |
Top Suppliers of Cyclic Hydrocarbons to Hong Kong SAR in 2022:
- South Korea (212.4K tons)
- Taiwan (Chinese) (46.6K tons)
- Kuwait (18.2K tons)
- China (6.1K tons)
Cyclic Hydrocarbons Exports in Hong Kong SAR
In 2022, the amount of cyclic hydrocarbons exported from Hong Kong SAR declined markedly to 296 tons, with a decrease of -63.8% on the previous year's figure. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of 818 tons, and then plummeted in the following year.
In value terms, cyclic hydrocarbons exports surged to $5.4M in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 144%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Cyclic Hydrocarbons in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| China | 2.6 | 1.3 | 3.8 | 0.7 | -35.4% |
| Macao SAR | 0.2 | 0.4 | 0.2 | 0.3 | 14.5% |
| Others | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| Total | 2.9 | 1.8 | 4.3 | 5.4 | 23.0% |
Top Export Markets for Cyclic Hydrocarbons from Hong Kong SAR in 2022:
- Macao SAR (180.4 tons)
- China (106.5 tons)
- United States (5.7 tons)
This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
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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This report provides an in-depth analysis of the cyclic hydrocarbons market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the ethylbenzene market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the m-xylene and xylenes market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the o-xylene market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the cyclic hydrocarbons market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the p-xylene market in Hong Kong SAR, China.
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In June 2023, the price of cyclic hydrocarbons in Hong Kong was $1,085 per ton (CIF), showing a decrease of 6% compared to the previous month.
197
Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
684
From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
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In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
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In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
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The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amountin
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In value terms, petroleum oils and crude bituminous minerals oils imports amounted to $X in 2016. Overall, petroleum oils and crude bituminous minerals oils imports continue to indicate a abrupt co...
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In value terms, petroleum oils and not crude bituminous minerals oils imports stood at $X in 2016. In general, petroleum oils and not crude bituminous minerals oils imports continue to indicate a m...
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In value terms, petroleum oils and crude bituminous minerals oils exports stood at $X in 2016. Overall, petroleum oils and crude bituminous minerals oils exports continue to indicate a deep setback...
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In value terms, petroleum oils and not crude bituminous minerals oils exports totaled $X in 2016. In general, petroleum oils and not crude bituminous minerals oils exports continue to indicate a sl...
