Hong Kong SAR, China - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Hong Kong SAR - 2023
Contents:
- Polyurethanes Price in Hong Kong SAR (FOB) - 2023
- Polyurethanes Price in Hong Kong SAR (CIF) - 2023
- Polyurethanes Exports in Hong Kong SAR
- Polyurethanes Imports in Hong Kong SAR
Polyurethanes Price in Hong Kong SAR (FOB) - 2023
The average polyurethanes export price stood at $3,801 per ton in August 2023, waning by -3.1% against the previous month. In general, the export price showed a pronounced descent. The pace of growth was the most pronounced in March 2023 an increase of 30% m-o-m. Over the period under review, the average export prices attained the peak figure at $6,473 per ton in November 2022; however, from December 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($8,746 per ton), while the average price for exports to Vietnam ($1,094 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 Malaysia (-0.7%), while the prices for the other major destinations experienced a decline.
Polyurethanes Price in Hong Kong SAR (CIF) - 2023
The average polyurethanes import price stood at $3,823 per ton in August 2023, shrinking by -11.3% against the previous month. Overall, the import price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 15% against the previous month. The import price peaked at $5,165 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($7,962 per ton), while the price for Germany ($1,336 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyurethanes Exports in Hong Kong SAR
Polyurethanes exports from Hong Kong SAR contracted sharply to 12K tons in 2022, dropping by -43.2% against 2021. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 30%.
In value terms, polyurethanes exports declined sharply to $81M in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of $158M, and then contracted markedly in the following year.
| Export of Polyurethanes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 127 | 103 | 147 | 68.3 | -18.7% |
| Vietnam | 4.1 | 1.7 | 3.7 | 5.2 | 8.2% |
| Indonesia | 0.1 | 0.3 | 2.2 | 1.9 | 166.8% |
| Taiwan (Chinese) | 1.0 | 0.6 | 0.8 | 1.1 | 3.2% |
| Others | 5.1 | 4.4 | 5.1 | 4.5 | -4.1% |
| Total | 138 | 110 | 158 | 81.0 | -16.3% |
Top Export Markets for Polyurethanes from Hong Kong SAR in 2022:
- China (8.8K tons)
- Vietnam (2.6K tons)
- Indonesia (0.2K tons)
- Taiwan (Chinese) (0.2K tons)
Polyurethanes Imports in Hong Kong SAR
In 2022, the amount of polyurethanes in primary forms imported into Hong Kong SAR shrank remarkably to 14K tons, dropping by -41.5% compared with the year before. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 25K tons, and then shrank dramatically in the following year.
In value terms, polyurethanes imports fell markedly to $79M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. As a result, imports reached the peak of $143M, and then fell significantly in the following year.
| Import of Polyurethanes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.9 | 21.5 | 34.7 | 16.6 | -12.6% |
| Taiwan (Chinese) | 18.6 | 17.5 | 33.6 | 16.4 | -4.1% |
| Germany | 25.4 | 22.3 | 31.5 | 14.6 | -16.9% |
| United States | 9.1 | 8.0 | 11.7 | 9.2 | 0.4% |
| Netherlands | 1.5 | 7.0 | 11.0 | 6.1 | 59.6% |
| Japan | 8.2 | 5.8 | 7.7 | 5.4 | -13.0% |
| South Korea | 6.4 | 2.9 | 3.5 | 3.2 | -20.6% |
| Australia | 1.4 | 1.2 | 2.0 | 1.8 | 8.7% |
| Italy | 3.2 | 2.9 | 2.2 | 1.7 | -19.0% |
| Others | 4.1 | 4.5 | 5.2 | 4.4 | 2.4% |
| Total | 103 | 93.6 | 143 | 79.4 | -8.3% |
Top Suppliers of Polyurethanes to Hong Kong SAR in 2022:
- China (4.1K tons)
- United States (2.2K tons)
- Germany (1.9K tons)
- Taiwan (Chinese) (1.5K tons)
- South Korea (1.1K tons)
- Japan (0.8K tons)
- Netherlands (0.8K tons)
- Italy (0.6K tons)
- Australia (0.4K tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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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