Hong Kong SAR, China - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Binders Price in Hong Kong SAR - 2023
Contents:
- Prepared Binders Price in Hong Kong SAR (FOB) - 2022
- Prepared Binders Price in Hong Kong SAR (CIF) - 2022
- Prepared Binders Exports in Hong Kong SAR
- Prepared Binders Imports in Hong Kong SAR
Prepared Binders Price in Hong Kong SAR (FOB) - 2022
The average prepared binders export price stood at $3,763 per ton in 2022, declining by -37.4% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2017 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $8,493 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.6% per year.
Prepared Binders Price in Hong Kong SAR (CIF) - 2022
In 2022, the average prepared binders import price amounted to $1,635 per ton, increasing by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. The import price peaked at $2,917 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 ($2,268 per ton), while the price for South Korea ($733 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) (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Prepared Binders Exports in Hong Kong SAR
In 2022, shipments abroad of prepared binders for foundry moulds or cores decreased by -23.9% to 7.6 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, prepared binders exports shrank significantly to $29K in 2022. Over the period under review, exports saw a dramatic decline. The smallest decline of -12% was in 2020.
| Export of Prepared Binders in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 98.6 | 86.8 | 60.3 | 28.7 | -33.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 98.6 | 86.8 | 60.3 | 28.7 | -33.7% |
Top Export Markets for Prepared Binders from Hong Kong SAR in 2022:
- China (7.6 tons)
Prepared Binders Imports in Hong Kong SAR
In 2022, overseas purchases of prepared binders for foundry moulds or cores increased by 4.1% to 9.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt decline.
In value terms, prepared binders imports skyrocketed to $15K in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
| Import of Prepared Binders in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.6 | 7.8 | 9.2 | 11.9 | 16.1% |
| Italy | 2.9 | 5.6 | 0.3 | 1.0 | -29.9% |
| United States | 9.4 | 1.0 | 0.3 | 0.8 | -56.0% |
| Netherlands | 6.2 | 0.2 | N/A | 0.4 | -59.9% |
| China | N/A | 0.6 | 0.2 | 0.3 | -29.3% |
| Germany | 1.1 | 0.6 | 0.2 | 0.2 | -43.3% |
| South Korea | 1.1 | 0.4 | 0.2 | 0.2 | -43.3% |
| Others | 0.4 | 2.0 | 1.1 | 0.2 | -20.6% |
| Total | 28.9 | 18.2 | 11.5 | 14.9 | -19.8% |
Top Suppliers of Prepared Binders to Hong Kong SAR in 2022:
- United Kingdom (6.9 tons)
- United States (0.5 tons)
- Italy (0.4 tons)
- China (0.4 tons)
- South Korea (0.3 tons)
- Netherlands (0.2 tons)
- Germany (0.2 tons)
This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores
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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