Report Update: May 1, 2024

Hong Kong SAR, China - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights

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Medical Gel Preparations Price in Hong Kong SAR - 2022

Medical Gel Preparations Price in Hong Kong SAR (CIF) - 2022

In 2022, the average medical gel preparations import price amounted to $9,050 per ton, reducing by -2.4% against the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth was the most pronounced in 2017 an increase of 5.8% against the previous year. The import price peaked at $11,569 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($8,816 per ton) and Portugal ($8,816 per ton), while the price for Italy ($8,739 per ton) and Thailand ($8,788 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-1.0%), while the prices for the other major suppliers experienced a decline.

Medical Gel Preparations Price in Hong Kong SAR (FOB) - 2022

In 2022, the average medical gel preparations export price amounted to $18,791 per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($18,760 per ton) and Macao SAR ($18,760 per ton), while the average price for exports to Singapore ($18,755 per ton) and Malaysia ($18,757 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Gel Preparations Imports in Hong Kong SAR

In 2022, purchases abroad of gel preparations for human or veterinary medicine decreased by -16.5% to 302 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted noticeable growth. The pace of growth appeared the most rapid in 2020 with an increase of 128% against the previous year. As a result, imports attained the peak of 613 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, medical gel preparations imports reduced sharply to $2.7M in 2022. Over the period under review, imports, however, recorded moderate growth. The pace of growth appeared the most rapid in 2020 when imports increased by 128%. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Medical Gel Preparations in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	706	625	589	602	-5.2%
United Kingdom	201	160	451	575	42.0%
China	281	93.3	243	445	16.6%
Portugal	63.8	509	646	325	72.1%
Japan	194	568	780	240	7.4%
Taiwan (Chinese)	95.5	95.7	100	178	23.1%
Germany	153	254	124	154	0.2%
Malaysia	71.2	44.9	61.3	79.2	3.6%
Thailand	97.4	121	110	13.7	-48.0%
Italy	368	2,728	85.2	5.3	-75.7%
Singapore	73.9	97.2	67.2	2.4	-68.1%
Others	73.8	118	93.9	109	13.9%
Total	2,378	5,414	3,350	2,729	4.7%

Top Suppliers of Medical Gel Preparations to Hong Kong SAR in 2022:

United States (68.3 tons)
United Kingdom (65.2 tons)
China (50.5 tons)
Portugal (36.9 tons)
Japan (27.2 tons)
Taiwan (Chinese) (20.2 tons)
Germany (17.5 tons)
Malaysia (9.0 tons)
Thailand (1.6 tons)
Italy (0.6 tons)
Singapore (0.3 tons)

Medical Gel Preparations Exports in Hong Kong SAR

In 2022, overseas shipments of gel preparations for human or veterinary medicine decreased by -35.5% to 85 tons, falling for the second year in a row after two years of growth. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 231 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, medical gel preparations exports contracted significantly to $1.6M in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of $4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Medical Gel Preparations in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,572	3,551	1,276	783	-32.7%
Macao SAR	207	246	583	305	13.8%
Taiwan (Chinese)	78.7	137	233	210	38.7%
Malaysia	10.3	16.0	15.3	115	123.5%
Cambodia	66.0	21.6	72.9	98.2	14.2%
Singapore	37.1	26.8	24.3	67.7	22.2%
Others	23.2	21.1	24.5	14.2	-15.1%
Total	2,994	4,019	2,230	1,593	-19.0%

Top Export Markets for Medical Gel Preparations from Hong Kong SAR in 2022:

China (41.7 tons)
Macao SAR (16.3 tons)
Taiwan (Chinese) (11.2 tons)
Malaysia (6.1 tons)
Cambodia (5.2 tons)
Singapore (3.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical gel preparations 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 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

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