Hong Kong SAR, China - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNitrogenous Fertilizer Price in Hong Kong SAR - 2023
Contents:
- Nitrogenous Fertilizer Price in Hong Kong SAR (CIF) - 2022
- Nitrogenous Fertilizer Price in Hong Kong SAR (FOB) - 2022
- Nitrogenous Fertilizer Imports in Hong Kong SAR
- Nitrogenous Fertilizer Exports in Hong Kong SAR
Nitrogenous Fertilizer Price in Hong Kong SAR (CIF) - 2022
The average nitrogenous fertilizer import price stood at $387 per ton in 2022, increasing by 26% against the previous year. Overall, the import price, however, showed a deep setback. Over the period under review, average import prices attained the peak figure at $726 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($920 per ton), while the price for China ($312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrogenous Fertilizer Price in Hong Kong SAR (FOB) - 2022
The average nitrogenous fertilizer export price stood at $486 per ton in 2022, picking up by 73% against the previous year. In general, the export price continues to indicate a temperate increase. As a result, the export price attained 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 South Korea ($996 per ton), while the average price for exports to Malaysia ($149 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 South Korea (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogenous Fertilizer Imports in Hong Kong SAR
In 2022, the amount of nitrogenous fertilizers (mineral or chemical) imported into Hong Kong SAR contracted sharply to 20K tons, waning by -74.4% compared with the previous year. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 278%. As a result, imports attained the peak of 79K tons, and then contracted dramatically in the following year.
In value terms, nitrogenous fertilizer imports shrank significantly to $7.8M in 2022. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 273%. As a result, imports reached the peak of $24M, and then declined dramatically in the following year.
| Import of Nitrogenous Fertilizer in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 4.8 | 21.9 | 5.6 | 6.0% |
| Malaysia | 0.4 | 0.3 | 0.2 | 0.5 | 7.7% |
| Taiwan (Chinese) | 0.6 | 0.4 | 0.3 | N/A | -29.3% |
| Others | 1.2 | 1.0 | 2.0 | 1.7 | 12.3% |
| Total | 6.9 | 6.5 | 24.3 | 7.8 | 4.2% |
Top Suppliers of Nitrogenous Fertilizer to Hong Kong SAR in 2022:
- China (18.0K tons)
- Malaysia (0.5K tons)
- Taiwan (Chinese) (0.1K tons)
Nitrogenous Fertilizer Exports in Hong Kong SAR
Nitrogenous fertilizer exports from Hong Kong SAR reduced notably to 3.3K tons in 2022, which is down by -66.9% compared with the previous year. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 31%.
In value terms, nitrogenous fertilizer exports contracted remarkably to $1.6M in 2022. Overall, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 88%.
| Export of Nitrogenous Fertilizer in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 607 | 359 | -40.9% |
| Japan | N/A | N/A | N/A | 293 | 0% |
| Australia | 98.4 | 57.9 | 179 | 227 | 32.1% |
| Macao SAR | 117 | 78.4 | 150 | 158 | 10.5% |
| Malaysia | 276 | 301 | 323 | 139 | -20.4% |
| China | 25.7 | N/A | 58.6 | 131 | 72.1% |
| India | 41.2 | 22.6 | 157 | 83.3 | 26.4% |
| Singapore | 1.0 | 18.7 | 109 | 34.0 | 224.0% |
| Colombia | N/A | N/A | 978 | N/A | 0% |
| Papua New Guinea | 122 | N/A | N/A | N/A | 0% |
| Pakistan | 248 | 163 | N/A | N/A | -34.3% |
| Brazil | 2,712 | 315 | N/A | N/A | -88.4% |
| Others | 397 | 549 | 262 | 195 | -21.1% |
| Total | 4,038 | 1,505 | 2,823 | 1,618 | -26.3% |
Top Export Markets for Nitrogenous Fertilizer from Hong Kong SAR in 2022:
- Malaysia (935.6 tons)
- Macao SAR (383.1 tons)
- Australia (365.9 tons)
- South Korea (360.2 tons)
- Japan (349.0 tons)
- India (316.0 tons)
- China (218.2 tons)
- Singapore (153.4 tons)
This report provides an in-depth analysis of the nitrogenous fertilizer 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 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
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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