Hong Kong SAR, China - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Aqueous Paint and Varnish in Hong Kong SAR - 2023
Contents:
- Price for Aqueous Paint and Varnish in Hong Kong SAR (CIF) - 2023
- Price for Aqueous Paint and Varnish in Hong Kong SAR (FOB) - 2023
- Imports of Aqueous Paint and Varnish in Hong Kong SAR
- Exports of Aqueous Paint and Varnish in Hong Kong SAR
Price for Aqueous Paint and Varnish in Hong Kong SAR (CIF) - 2023
The average aqueous paint and varnish import price stood at $1,766 per ton in June 2023, increasing by 5.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 7.4% m-o-m. As a result, import price attained the peak level of $1,927 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,718 per ton), while the price for China ($1,392 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Aqueous Paint and Varnish in Hong Kong SAR (FOB) - 2023
The average aqueous paint and varnish export price stood at $4,390 per ton in June 2023, which is down by -6.8% against the previous month. Over the period under review, the export price saw a abrupt setback. The pace of growth appeared the most rapid in December 2022 an increase of 38% month-to-month. As a result, the export price reached the peak level of $8,887 per ton. From January 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($9,529 per ton), while the average price for exports to Vietnam ($3,402 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (-2.3%), while the prices for the other major destinations experienced a decline.
Imports of Aqueous Paint and Varnish in Hong Kong SAR
In 2022, imports of paints and varnishes dispersed or dissolved in an aqueous medium into Hong Kong SAR shrank to 23K tons, reducing by -6.1% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports attained the peak of 25K tons, and then dropped in the following year.
In value terms, aqueous paint and varnish imports contracted significantly to $43M in 2022. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports attained the peak of $53M, and then contracted remarkably in the following year.
| Import of Aqueous Paint and Varnish in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.2 | 24.3 | 30.7 | 25.7 | -0.6% |
| Japan | 7.1 | 6.3 | 7.8 | 3.8 | -18.8% |
| Taiwan (Chinese) | 3.8 | 2.6 | 3.3 | 3.3 | -4.6% |
| Singapore | 4.1 | 3.8 | 3.3 | 3.0 | -9.9% |
| Thailand | 1.5 | 1.0 | 1.3 | 1.2 | -7.2% |
| United Kingdom | 1.9 | 2.4 | 1.6 | 1.1 | -16.7% |
| Malaysia | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Others | 4.7 | 5.1 | 4.8 | 4.1 | -4.5% |
| Total | 50.0 | 46.0 | 53.4 | 42.9 | -5.0% |
Top Suppliers of Aqueous Paint and Varnish to Hong Kong SAR in 2022:
- China (17.1K tons)
- Singapore (1.8K tons)
- Taiwan (Chinese) (1.3K tons)
- Japan (1.0K tons)
- Malaysia (0.5K tons)
- Thailand (0.5K tons)
- United Kingdom (0.3K tons)
Exports of Aqueous Paint and Varnish in Hong Kong SAR
Aqueous paint and varnish exports from Hong Kong SAR fell markedly to 2K tons in 2022, waning by -30% compared with the previous year. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 6%.
In value terms, aqueous paint and varnish exports declined to $13M in 2022. In general, exports continue to indicate a deep downturn.
| Export of Aqueous Paint and Varnish in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 6.3 | 3.8 | 6.1 | -10.5% |
| Macao SAR | 5.8 | 5.2 | 4.7 | 3.8 | -13.1% |
| Vietnam | 3.3 | 2.5 | 3.9 | 2.6 | -7.6% |
| Bangladesh | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.4 | 0.7 | 1.2 | 0.5 | 7.7% |
| Total | 17.9 | 14.7 | 13.7 | 13.3 | -9.4% |
Top Export Markets for Aqueous Paint and Varnish from Hong Kong SAR in 2022:
- Macao SAR (891.3 tons)
- China (548.1 tons)
- Vietnam (490.4 tons)
- Bangladesh (55.4 tons)
This report provides an in-depth analysis of the market for aqueous paint and varnish 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
- Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
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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This report provides an in-depth analysis of the market for aqueous paint and varnish in Hong Kong SAR, China.
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This report provides an in-depth analysis of the paint and varnish market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
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This report provides an in-depth analysis of the market for aqueous paint and varnish in Hong Kong SAR, China.
464
This report provides an in-depth analysis of the paint and varnish market in Hong Kong SAR, China.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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In September 2023, the import of Paint and Varnish reached its highest level. However, the value of these imports decreased significantly to $13M.
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Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
1708
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
3046
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
