Hong Kong SAR, China - Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate) - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Price for Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (CIF) - 2023
- Price for Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (FOB) - 2023
- Imports of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR
- Exports of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR
Price for Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (CIF) - 2023
The average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $2,863 per ton in October 2023, rising by 4.9% against the previous month. In general, the import price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 28% month-to-month. Over the period under review, average import prices reached the peak figure at $3,600 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,078 per ton), while the price for Malaysia ($1,753 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (FOB) - 2023
The average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $3,362 per ton in October 2023, reducing by -3.3% against the previous month. In general, the export price showed a perceptible descent. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 76% against the previous month. As a result, the export price attained the peak level of $5,762 per ton. From February 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Macao SAR ($7,893 per ton), while the average price for exports to China ($2,811 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.1%), while the prices for the other major destinations experienced a decline.
Imports of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR
In 2022, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) into Hong Kong SAR declined sharply to 17K tons, dropping by -29.7% on 2021. Overall, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports reached the peak of 24K tons, and then dropped sharply in the following year.
In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) fell markedly to $52M in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $66M, and then declined significantly in the following year.
Import of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 12.8 | 14.8 | 16.8 | 10.3 | -7.0% |
Malaysia | 5.1 | 3.1 | 6.2 | 9.6 | 23.5% |
South Korea | 11.9 | 7.4 | 10.2 | 7.9 | -12.8% |
China | 5.7 | 4.9 | 4.6 | 5.8 | 0.6% |
Israel | 1.9 | 0.1 | 3.3 | 5.1 | 39.0% |
Taiwan (Chinese) | 10.0 | 8.1 | 13.3 | 5.1 | -20.1% |
United States | 3.1 | 1.5 | 1.9 | 1.8 | -16.6% |
Portugal | N/A | N/A | N/A | 1.1 | 0% |
Singapore | 3.2 | 1.7 | 3.2 | 0.5 | -46.1% |
United Arab Emirates | 0.8 | 0.4 | 0.9 | N/A | 6.1% |
Others | 7.3 | 6.8 | 5.1 | 5.0 | -11.9% |
Total | 61.7 | 48.9 | 65.5 | 52.2 | -5.4% |
Top Suppliers of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) to Hong Kong SAR in 2022:
- Malaysia (4.3K tons)
- Japan (3.4K tons)
- South Korea (3.2K tons)
- Taiwan (Chinese) (2.5K tons)
- China (2.0K tons)
- Israel (1.9K tons)
- Portugal (0.5K tons)
- Singapore (0.2K tons)
- United States (0.2K tons)
Exports of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in shipments abroad of acrylic polymers, in primary forms (excluding polymethyl methacrylate), when their volume decreased by -55.3% to 10K tons. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year.
In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) contracted rapidly to $38M in 2022. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of $80M, and then reduced remarkably in the following year.
Export of Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 52.0 | 57.5 | 75.2 | 34.2 | -13.0% |
Vietnam | 2.7 | 1.8 | 1.2 | 1.0 | -28.2% |
Others | 5.1 | 3.6 | 3.2 | 3.2 | -14.4% |
Total | 59.8 | 62.9 | 79.7 | 38.4 | -13.7% |
Top Export Markets for Acrylic Polymers, in Primary Forms (Excluding Polymethyl Methacrylate) from Hong Kong SAR in 2022:
- China (9.5K tons)
- Vietnam (0.3K tons)
This report provides an in-depth analysis of the market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) 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 20165390 - Acrylic polymers, in primary forms (excluding polymethyl methacrylate)
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
This report provides an in-depth analysis of the market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) in Hong Kong SAR, China.
This report provides an in-depth analysis of the acrylic polymer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the polymethyl methacrylate market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for acrylic polymers, in primary forms (excluding polymethyl methacrylate).
This report provides an in-depth analysis of the global acrylic polymer market.
This report provides an in-depth analysis of the global polymethyl methacrylate market.
This report provides an in-depth analysis of the market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) in Hong Kong SAR, China.
This report provides an in-depth analysis of the acrylic polymer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the polymethyl methacrylate market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for acrylic polymers, in primary forms (excluding polymethyl methacrylate).
Polymethyl Methacrylate exports experienced a significant surge, reaching a peak of $2M in June 2023.
Explore the top import markets for acrylic polymers, excluding PMMA, based on import value. Learn about the leading countries and their industries driving the demand. Discover key statistics and insights on the global market.
Explore the top import markets for acrylic polymer, including China, United States, Germany, and more. Get key statistics and market insights from IndexBox platform.
In value terms, monofilaments imports amounted to $X in 2016. In general, monofilaments imports continue to indicate a relatively flat trend pattern. Global monofilaments import peaked of $X in ...
In value terms, monofilaments exports stood at $X in 2016. In general, monofilaments exports continue to indicate a relatively flat trend pattern. Global monofilaments export peaked of $X in X>
In 2016, approx. X tons of acrylic polymer were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the per...
In 2016, approx. X tons of acrylic polymer were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the per...
From 2007 to 2015, global exports of acrylic polymers showed a pronounced growth trend, with the exception of declines in 2008 and 2015. There was an annual increase of +X% throughout the analyzed period.
Despite a slight dip in exports, the U.S. continued to lead the way in the global acrylic polymer trade. In 2014, the U.S. exported X thousand tons of acrylic polymers totaling X million USD, X% under the previous year. Its primary trading part
Polymethyl Methacrylate exports experienced a significant surge, reaching a peak of $2M in June 2023.