Report Update: Apr 1, 2024

Hong Kong SAR, China - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights

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Hydrogen Chloride Price in Hong Kong SAR - 2023

Hydrogen Chloride Price in Hong Kong SAR (CIF) - 2022

In 2022, the average hydrogen chloride import price amounted to $183 per ton, with an increase of 57% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Macao SAR ($413 per ton), while the price for China ($91 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.7%).

Hydrogen Chloride Price in Hong Kong SAR (FOB) - 2022

The average hydrogen chloride export price stood at $479 per ton in 2022, which is down by -1.9% against the previous year. Over the period under review, the export price saw a abrupt setback. The growth pace was the most rapid in 2014 when the average export price increased by 67% against the previous year. The export price peaked at $3,044 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -2.2% per year.

Hydrogen Chloride Imports in Hong Kong SAR

In 2022, supplies from abroad of hydrogen chloride (hydrochloric acid) decreased by -16.5% to 2.8K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 5.2%. As a result, imports attained the peak of 3.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hydrogen chloride imports skyrocketed to $509K in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydrogen Chloride in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	319	297	236	218	-11.9%
Taiwan (Chinese)	5.7	18.3	28.1	135	187.2%
Macao SAR	N/A	N/A	N/A	126	0%
Others	142	106	123	29.6	-40.7%
Total	467	421	387	509	2.9%

Top Suppliers of Hydrogen Chloride to Hong Kong SAR in 2022:

China (2.4K tons)
Taiwan (Chinese) (0.3K tons)
Macao SAR (0.3K tons)

Hydrogen Chloride Exports in Hong Kong SAR

In 2022, hydrogen chloride exports from Hong Kong SAR surged to 107 tons, with an increase of 361% against the previous year. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,179% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, hydrogen chloride exports soared to $51K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 900% against the previous year. As a result, the exports reached the peak of $107K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Hydrogen Chloride in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	0.9	7.4	1.1	51.1	284.3%
Mauritius	N/A	N/A	0.3	N/A	0%
Cambodia	N/A	25.4	N/A	N/A	0%
Ghana	0.2	1.2	0.1	N/A	-29.3%
Others	9.5	72.6	9.8	N/A	1.6%
Total	10.7	107	11.3	51.1	68.4%

Top Export Markets for Hydrogen Chloride from Hong Kong SAR in 2022:

Tanzania (97.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hydrogen chloride 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 20132413 - Hydrogen chloride (hydrochloric acid)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023