Hong Kong SAR, China - Gypsum Plasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlaster Price in Hong Kong SAR - 2023
Contents:
- Plaster Price in Hong Kong SAR (CIF) - 2022
- Plaster Price in Hong Kong SAR (FOB) - 2022
- Plaster Imports in Hong Kong SAR
- Plaster Exports in Hong Kong SAR
Plaster Price in Hong Kong SAR (CIF) - 2022
In 2022, the average plaster import price amounted to $424 per ton, increasing by 48% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($3,819 per ton), while the price for Thailand ($235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.
Plaster Price in Hong Kong SAR (FOB) - 2022
The average plaster export price stood at $2,055 per ton in 2022, rising by 14% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 25% 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.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,077 per ton), while the average price for exports to Vietnam stood at $802 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.1%).
Plaster Imports in Hong Kong SAR
In 2022, the amount of plaster imported into Hong Kong SAR shrank dramatically to 4.4K tons, reducing by -43.8% against the previous year's figure. In general, imports, however, recorded a mild expansion. The growth pace was the most rapid in 2021 with an increase of 97%. As a result, imports reached the peak of 7.9K tons, and then fell significantly in the following year.
In value terms, plaster imports contracted significantly to $1.9M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of $2.3M, and then reduced notably in the following year.
Import of Plaster in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 686 | 599 | 1,173 | 734 | 2.3% |
United Kingdom | 395 | 401 | 407 | 420 | 2.1% |
Italy | N/A | N/A | 39.1 | 294 | 651.9% |
Japan | 230 | 186 | 312 | 243 | 1.8% |
Germany | 87.6 | 129 | 281 | 144 | 18.0% |
Thailand | 44.4 | 23.1 | 9.9 | 10.7 | -37.8% |
Others | 48.1 | 16.9 | 33.7 | 32.4 | -12.3% |
Total | 1,490 | 1,355 | 2,255 | 1,877 | 8.0% |
Top Suppliers of Plaster to Hong Kong SAR in 2022:
- China (2820.1 tons)
- United Kingdom (922.7 tons)
- Germany (370.6 tons)
- Japan (160.1 tons)
- Italy (76.8 tons)
- Thailand (45.4 tons)
Plaster Exports in Hong Kong SAR
Plaster exports from Hong Kong SAR fell to 240 tons in 2022, which is down by -8.6% on the year before. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 39%.
In value terms, plaster exports rose modestly to $493K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year.
Export of Plaster in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 601 | 320 | 455 | 467 | -8.1% |
Vietnam | 0.2 | N/A | N/A | 3.8 | 166.8% |
Malaysia | 7.1 | 5.1 | 7.4 | 3.4 | -21.8% |
Others | 21.7 | 12.1 | 10.6 | 19.0 | -4.3% |
Total | 629 | 338 | 473 | 493 | -7.8% |
Top Export Markets for Plaster from Hong Kong SAR in 2022:
- China (224.8 tons)
- Vietnam (4.7 tons)
- Malaysia (3.6 tons)
This report provides an in-depth analysis of the plaster 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 23522000 - Plasters consisting of calcined gypsum or calcium sulphate (including for use in building, for use in dressing woven fabrics or surfacing paper, for use in dentistry)
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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Global gypsum imports totaled X tons in 2016, stabilizing at the previous year figure. In general, gypsum imports continue to indicate a slight curtailment. The pace of growth appeared the most ra...
Global gypsum imports totaled X tons in 2016, stabilizing at the previous year figure. In general, gypsum imports continue to indicate a slight curtailment. The pace of growth appeared the most ra...
Global gypsum and anhydrite imports fell from $991M in 2019 to $901M in 2020. The U.S., India, Japan, Indonesia and the UK constitute the largest importers of gypsum and anhydride worldwide. In 2020, these five countries saw significant drops in import volume. China, the Netherlands and Sweden were among the few countries that managed to increase their imports. In 2020, the average gypsum and anhydrite import price grew by +6% against the previous year.