Hong Kong SAR, China - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Reservoir Price in Hong Kong SAR - 2023
Contents:
- Plastic Reservoir Price in Hong Kong SAR (CIF) - 2022
- Plastic Reservoir Price in Hong Kong SAR (FOB) - 2022
- Plastic Reservoir Imports in Hong Kong SAR
- Plastic Reservoir Exports in Hong Kong SAR
Plastic Reservoir Price in Hong Kong SAR (CIF) - 2022
The average plastic reservoir import price stood at $5,269 per ton in 2022, with an increase of 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($5,270 per ton) and the United States ($5,270 per ton), while the price for Germany ($5,253 per ton) and the UK ($5,269 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Reservoir Price in Hong Kong SAR (FOB) - 2022
The average plastic reservoir export price stood at $5,271 per ton in 2022, dropping by -5.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the maximum at $6,021 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($5,271 per ton) and the United States ($5,271 per ton), while the average price for exports to Indonesia ($5,270 per ton) and Macao SAR ($5,271 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 Australia (-0.5%), while the prices for the other major destinations experienced a decline.
Plastic Reservoir Imports in Hong Kong SAR
In 2022, approx. 1.1K tons of plastic reservoirs, tanks and vats were imported into Hong Kong SAR; picking up by 9% on 2021. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, plastic reservoir imports surged to $6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plastic Reservoir in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,413 | 2,363 | 2,854 | 2,432 | 19.8% |
| China | 1,211 | 1,330 | 802 | 2,247 | 22.9% |
| South Korea | 228 | 159 | 110 | 457 | 26.1% |
| United States | 310 | 136 | 148 | 334 | 2.5% |
| United Kingdom | 207 | 400 | 218 | 223 | 2.5% |
| Malaysia | 130 | 145 | 258 | 179 | 11.3% |
| Others | 88.7 | 108 | 193 | 171 | 24.5% |
| Total | 3,587 | 4,641 | 4,582 | 6,043 | 19.0% |
Top Suppliers of Plastic Reservoir to Hong Kong SAR in 2022:
- Japan (461.5 tons)
- China (426.4 tons)
- South Korea (86.7 tons)
- United States (63.4 tons)
- United Kingdom (42.3 tons)
- Malaysia (34.0 tons)
Plastic Reservoir Exports in Hong Kong SAR
In 2022, approx. 109 tons of plastic reservoirs, tanks and vats were exported from Hong Kong SAR; surging by 3.8% compared with 2021 figures. Over the period under review, exports, however, recorded a mild downturn. The growth pace was the most rapid in 2020 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 130 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plastic reservoir exports fell modestly to $577K in 2022. In general, exports, however, showed a abrupt descent. The smallest decline of -1.2% was in 2020.
| Export of Plastic Reservoir in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 340 | 226 | 143 | 357 | 1.6% |
| United States | 54.5 | 127 | 57.0 | 47.8 | -4.3% |
| Macao SAR | 70.7 | 49.8 | 63.6 | 45.0 | -14.0% |
| Malaysia | 47.6 | 7.3 | 13.0 | 38.8 | -6.6% |
| Singapore | 18.0 | 0.8 | 3.4 | 23.2 | 8.8% |
| Indonesia | 2.7 | N/A | 49.9 | 16.2 | 81.7% |
| Australia | 19.0 | 186 | 46.2 | 13.6 | -10.5% |
| Japan | 11.0 | 26.0 | 141 | 7.7 | -11.2% |
| Maldives | 37.5 | 8.1 | 8.3 | 1.4 | -66.6% |
| Others | 80.0 | 41.0 | 60.0 | 26.2 | -31.1% |
| Total | 681 | 673 | 586 | 577 | -5.4% |
Top Export Markets for Plastic Reservoir from Hong Kong SAR in 2022:
- China (67.7 tons)
- United States (9.1 tons)
- Macao SAR (8.5 tons)
- Malaysia (7.4 tons)
- Singapore (4.4 tons)
- Indonesia (3.1 tons)
- Australia (2.6 tons)
- Japan (1.5 tons)
- Maldives (0.3 tons)
This report provides an in-depth analysis of the plastic reservoir 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 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres
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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