Hong Kong SAR, China - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Roundwood Price in Hong Kong SAR - 2023
Contents:
- Industrial Roundwood Price in Hong Kong SAR (FOB) - 2022
- Industrial Roundwood Price in Hong Kong SAR (CIF) - 2022
- Industrial Roundwood Exports in Hong Kong SAR
- Industrial Roundwood Imports in Hong Kong SAR
Industrial Roundwood Price in Hong Kong SAR (FOB) - 2022
In 2022, the average industrial roundwood export price amounted to $181 per cubic meter, increasing by 41% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 72% against the previous year. As a result, the export price attained the peak level of $567 per cubic meter. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($185 per cubic meter), while the average price for exports to Taiwan (Chinese) stood at $132 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.2%).
Industrial Roundwood Price in Hong Kong SAR (CIF) - 2022
In 2022, the average industrial roundwood import price amounted to $198 per cubic meter, rising by 233% against the previous year. Overall, the import price, however, recorded a abrupt descent. Over the period under review, average import prices hit record highs at $476 per cubic meter in 2014; however, from 2015 to 2022, 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 Australia ($421 per cubic meter), while the price for New Zealand ($66 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Roundwood Exports in Hong Kong SAR
In 2022, approx. 12K cubic meters of industrial roundwood were exported from Hong Kong SAR; growing by 59% against the year before. In general, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 77%. The exports peaked at 23K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, industrial roundwood exports surged to $2.2M in 2022. Over the period under review, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 135% against the previous year. The exports peaked at $3.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Industrial Roundwood in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,687 | 284 | 798 | 2,111 | -7.7% |
Taiwan (Chinese) | 186 | 38.6 | N/A | 106 | -17.1% |
Papua New Guinea | N/A | N/A | 19.8 | N/A | 0% |
India | N/A | 94.8 | N/A | N/A | 0% |
Philippines | 191 | N/A | N/A | N/A | 0% |
Canada | N/A | 0.2 | 155 | N/A | 77400.0% |
Others | N/A | 0.7 | 11.9 | N/A | 1600.0% |
Total | 3,064 | 418 | 985 | 2,217 | -10.2% |
Top Export Markets for Industrial Roundwood from Hong Kong SAR in 2022:
- China (11.4K cubic meters)
- Taiwan (Chinese) (0.8K cubic meters)
Industrial Roundwood Imports in Hong Kong SAR
In 2022, imports of industrial roundwood into Hong Kong SAR dropped sharply to 7.2K cubic meters, shrinking by -99.5% on the previous year. In general, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 164% against the previous year. As a result, imports attained the peak of 1.6M cubic meters, and then reduced sharply in the following year.
In value terms, industrial roundwood imports plummeted to $1.4M in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. As a result, imports attained the peak of $93M, and then shrank significantly in the following year.
Import of Industrial Roundwood in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Guyana | N/A | N/A | N/A | 0.3 | 0% |
Australia | N/A | N/A | N/A | 0.1 | 0% |
Taiwan (Chinese) | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Cambodia | 0.2 | N/A | N/A | 0.1 | -20.6% |
United States | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
New Zealand | 44.3 | 14.9 | 68.3 | 0.1 | -86.9% |
Germany | 1.3 | 1.4 | 3.3 | N/A | 59.3% |
Belgium | 1.6 | 0.6 | 0.2 | N/A | -64.6% |
India | 29.6 | N/A | N/A | N/A | 0% |
South Africa | N/A | 0.8 | 2.2 | N/A | 175.0% |
Czech Republic | 1.3 | 1.1 | 0.2 | N/A | -60.8% |
Others | 9.8 | 10.9 | 18.9 | N/A | 38.9% |
Total | 88.6 | 30.0 | 93.1 | 1.4 | -74.9% |
Top Suppliers of Industrial Roundwood to Hong Kong SAR in 2022:
- China (2002.0 cubic meters)
- United States (1941.0 cubic meters)
- Taiwan (Chinese) (1248.0 cubic meters)
- New Zealand (774.0 cubic meters)
- Guyana (598.0 cubic meters)
- Cambodia (302.0 cubic meters)
- Australia (225.0 cubic meters)
This report provides an in-depth analysis of the industrial roundwood 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:
- FCL 1866 -
- FCL 1867 -
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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