Hong Kong SAR, China - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Organic Pigments Price in Hong Kong SAR - 2023

Contents:

  1. Organic Pigments Price in Hong Kong SAR (CIF) - 2022
  2. Organic Pigments Price in Hong Kong SAR (FOB) - 2023
  3. Organic Pigments Imports in Hong Kong SAR
  4. Organic Pigments Exports in Hong Kong SAR

Organic Pigments Price in Hong Kong SAR (CIF) - 2022

In 2021, the average organic pigments import price amounted to $14,424 per ton, which is down by -2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2020 when the average import price increased by 12%. As a result, import price reached the peak level of $14,784 per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($41,583 per ton), while the price for Spain ($5,208 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Organic Pigments Price in Hong Kong SAR (FOB) - 2023

The average organic pigments export price stood at $16,085 per ton in August 2023, falling by -29% against the previous month. In general, the export price showed a mild decrease. The most prominent rate of growth was recorded in June 2023 an increase of 96% against the previous month. Over the period under review, the average export prices reached the peak figure at $32,634 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Vietnam ($18,647 per ton), while the average price for exports to India ($9,170 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.6%), while the prices for the other major destinations experienced a decline.

Organic Pigments Imports in Hong Kong SAR

In 2022, approx. 2.3K tons of synthetic organic coloring matter and pigments were imported into Hong Kong SAR; waning by -46.1% on the previous year. Overall, imports saw a precipitous setback. The smallest decline of -0.2% was in 2021.

In value terms, organic pigments imports contracted remarkably to $42M in 2022. Over the period under review, imports faced a abrupt contraction. The smallest decline of -2.6% was in 2021.

Import of Organic Pigments in Hong Kong SAR (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Japan13.116.518.017.2%
China23.714.910.8-32.5%
India6.04.39.827.8%
Belgium3.33.04.921.9%
Taiwan (Chinese)4.72.63.5-13.7%
United States4.33.13.2-13.7%
Singapore3.42.62.4-16.0%
Indonesia5.73.52.1-39.3%
Spain1.21.21.20.0%
Thailand2.00.91.0-29.3%
South Korea3.41.90.9-48.6%
Malaysia0.20.10.1-29.3%
Vietnam1.33.80.1-72.3%
Others5.34.83.4-19.9%
Total77.663.261.5-11.0%

Top Suppliers of Organic Pigments to Hong Kong SAR in 2022:

  1. China (997.0 tons)
  2. India (855.8 tons)
  3. Japan (433.7 tons)
  4. Taiwan (Chinese) (404.4 tons)
  5. Belgium (237.6 tons)
  6. Spain (237.5 tons)
  7. United States (205.6 tons)
  8. Singapore (197.9 tons)
  9. Indonesia (195.0 tons)
  10. Malaysia (99.9 tons)
  11. Thailand (93.9 tons)
  12. South Korea (87.9 tons)
  13. Vietnam (15.8 tons)

Organic Pigments Exports in Hong Kong SAR

In 2022, exports of synthetic organic coloring matter and pigments from Hong Kong SAR contracted rapidly to 1.8K tons, falling by -54.1% on 2021 figures. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -12.1% was in 2020.

In value terms, organic pigments exports reduced remarkably to $18M in 2022. Overall, exports showed a dramatic contraction. The smallest decline of -9% was in 2021.

Export of Organic Pigments in Hong Kong SAR (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China35.539.438.74.4%
Vietnam2.54.86.054.9%
India1.71.91.5-6.1%
Bangladesh2.02.11.4-16.3%
Japan4.34.21.0-51.8%
Thailand1.21.01.0-8.7%
Sri Lanka1.00.70.4-36.8%
Others32.66.85.6-58.6%
Total80.861.155.5-17.1%

Top Export Markets for Organic Pigments from Hong Kong SAR in 2022:

  1. China (3140.2 tons)
  2. Vietnam (338.8 tons)
  3. India (73.3 tons)
  4. Thailand (72.5 tons)
  5. Bangladesh (71.6 tons)
  6. Japan (25.3 tons)
  7. Sri Lanka (24.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
  • Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
  • Prodcom 20122130 - Basic dyes and preparations based thereon
  • Prodcom 20122140 - Direct dyes and preparations based thereon
  • Prodcom 20122150 - Other synthetic organic colouring matters
  • Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
  • Prodcom 20122170 - Colour lakes, preparations based on colour lakes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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