Hong Kong SAR, China - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIsocyanates Price in Hong Kong SAR - 2023
Contents:
- Isocyanates Price in Hong Kong SAR (CIF) - 2023
- Isocyanates Price in Hong Kong SAR (FOB) - 2023
- Isocyanates Imports in Hong Kong SAR
- Isocyanates Exports in Hong Kong SAR
Isocyanates Price in Hong Kong SAR (CIF) - 2023
The average isocyanates import price stood at $2,845 per ton in May 2023, surging by 21% against the previous month. Over the period under review, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 48% m-o-m. The import price peaked at $6,730 per ton in June 2022; however, from July 2022 to May 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,370 per ton), while the price for China ($2,339 per ton) was amongst the lowest.
From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Singapore (+1.0%), while the prices for the other major suppliers experienced a decline.
Isocyanates Price in Hong Kong SAR (FOB) - 2023
The average isocyanates export price stood at $4,438 per ton in May 2023, rising by 101% against the previous month. Over the period under review, the export price saw a temperate increase. The export price peaked at $6,074 per ton in December 2022; however, from January 2023 to May 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to May 2023, the rate of growth in terms of prices for China amounted to +1.9% per month.
Isocyanates Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of isocyanates, which decreased by -58% to 1.4K tons in 2022. Overall, imports saw a precipitous contraction. The smallest decline of -17.9% was in 2020.
In value terms, isocyanates imports shrank remarkably to $4.3M in 2022. Over the period under review, imports recorded a precipitous decline. The smallest decline of -18.9% was in 2021.
| Import of Isocyanates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 9.7 | 6.5 | 2.8 | -28.9% |
| Germany | 0.5 | 0.2 | 0.6 | 0.4 | -7.2% |
| Japan | 2.7 | 0.5 | 0.7 | 0.4 | -47.1% |
| South Korea | 2.5 | 0.4 | 0.1 | 0.2 | -56.9% |
| Taiwan (Chinese) | 1.1 | 0.1 | 0.6 | 0.1 | -55.0% |
| Singapore | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.4 | 0.5 | 0.7 | 0.2 | -20.6% |
| Total | 15.1 | 11.4 | 9.2 | 4.3 | -34.2% |
Top Suppliers of Isocyanates to Hong Kong SAR in 2022:
- China (995.8 tons)
- Japan (209.4 tons)
- South Korea (80.0 tons)
- Germany (68.8 tons)
- Singapore (35.0 tons)
- Taiwan (Chinese) (20.9 tons)
Isocyanates Exports in Hong Kong SAR
In 2022, the amount of isocyanates exported from Hong Kong SAR fell significantly to 788 tons, which is down by -61.4% on 2021. In general, exports continue to indicate a sharp downturn. The smallest decline of -21.1% was in 2020.
In value terms, isocyanates exports declined sharply to $1.9M in 2022. Over the period under review, exports faced a significant decline. The smallest decline of -28% was in 2021.
| Export of Isocyanates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 6.9 | 4.2 | 1.8 | -43.3% |
| Papua New Guinea | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Australia | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Others | 0.4 | 0.2 | 0.6 | N/A | 22.5% |
| Total | 10.9 | 7.0 | 5.1 | 1.9 | -44.1% |
Top Export Markets for Isocyanates from Hong Kong SAR in 2022:
- China (740.1 tons)
- Papua New Guinea (32.3 tons)
- India (13.9 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
299
This report provides an in-depth analysis of the isocyanates market in Hong Kong SAR, China.
268
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Hong Kong SAR, China.
1122
This report provides an in-depth analysis of the global isocyanates market.
464
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
299
This report provides an in-depth analysis of the isocyanates market in Hong Kong SAR, China.
268
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Hong Kong SAR, China.
1122
This report provides an in-depth analysis of the global isocyanates market.
464
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
158
Explore the top import markets for isocyanates based on the import value data provided by the IndexBox market intelligence platform. Discover the key countries and their market statistics.
758
In value terms, nitrile-function compounds imports totaled $X in 2016. Overall, nitrile-function compounds imports continue to indicate a significant descent. Global nitrile-function compounds impo...
1465
In value terms, nitrogen-function compounds imports amounted to $X in 2016. In general, nitrogen-function compounds imports continue to indicate a perceptible descent. Over the period under review,...
908
In value terms, nitrile-function compounds exports totaled $X in 2016. In general, nitrile-function compounds exports continue to indicate a perceptible drop. Over the period under review, global n...
1006
In value terms, nitrogen-function compounds exports totaled $X in 2016. In general, nitrogen-function compounds exports continue to indicate a temperate slump. Global nitrogen-function compounds ex...
158
Explore the top import markets for isocyanates based on the import value data provided by the IndexBox market intelligence platform. Discover the key countries and their market statistics.
758
In value terms, nitrile-function compounds imports totaled $X in 2016. Overall, nitrile-function compounds imports continue to indicate a significant descent. Global nitrile-function compounds impo...
1465
In value terms, nitrogen-function compounds imports amounted to $X in 2016. In general, nitrogen-function compounds imports continue to indicate a perceptible descent. Over the period under review,...
908
In value terms, nitrile-function compounds exports totaled $X in 2016. In general, nitrile-function compounds exports continue to indicate a perceptible drop. Over the period under review, global n...
1006
In value terms, nitrogen-function compounds exports totaled $X in 2016. In general, nitrogen-function compounds exports continue to indicate a temperate slump. Global nitrogen-function compounds ex...
