Hong Kong SAR, China - Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like - Market Analysis, Forecast, Size, Trends and Insights

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Price for Articles of Fiber Cement in Hong Kong SAR - 2023

Contents:

  1. Price for Articles of Fiber Cement in Hong Kong SAR (CIF) - 2023
  2. Price for Articles of Fiber Cement in Hong Kong SAR (FOB) - 2023
  3. Imports of Articles of Fiber Cement in Hong Kong SAR
  4. Exports of Articles of Fiber Cement in Hong Kong SAR

Price for Articles of Fiber Cement in Hong Kong SAR (CIF) - 2023

The average articles of fiber cement import price stood at $604 per ton in August 2023, waning by -9.4% against the previous month. In general, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in March 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the peak figure at $840 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -2.8% per month.

Price for Articles of Fiber Cement in Hong Kong SAR (FOB) - 2023

In August 2023, the average articles of fiber cement export price amounted to $701 per ton, waning by -11.2% against the previous month. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in February 2023 an increase of 44% month-to-month. The export price peaked at $1,862 per ton in August 2022; however, from September 2022 to August 2023, the 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 August 2022 to August 2023, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -0.8% per month.

Imports of Articles of Fiber Cement in Hong Kong SAR

Articles of fiber cement imports into Hong Kong SAR reached 13K tons in 2022, picking up by 2.9% against 2021 figures. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, articles of fiber cement imports shrank dramatically to $9.2M in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 199%. As a result, imports reached the peak of $12M, and then plummeted in the following year.

Import of Articles of Fiber Cement in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.53.811.89.011.5%
Philippines0.1N/A0.1N/A0.0%
Others0.20.30.40.20.0%
Total6.84.112.39.210.6%

Top Suppliers of Articles of Fiber Cement to Hong Kong SAR in 2022:

  1. Philippines (undefinedK tons)
  2. China (12.9K tons)

Exports of Articles of Fiber Cement in Hong Kong SAR

In 2022, approx. 367 tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported from Hong Kong SAR; with a decrease of -27.6% compared with the previous year. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 460% against the previous year. As a result, the exports reached the peak of 507 tons, and then shrank markedly in the following year.

In value terms, articles of fiber cement exports expanded slightly to $364K in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Articles of Fiber Cement in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A20.7N/A193205.3%
China21215.2110135-14.0%
Macao SAR38.355.322525.7-12.5%
DenmarkN/AN/A19.1N/A0%
OthersN/A0.51.710.2351.7%
Total25091.635736413.3%

Top Export Markets for Articles of Fiber Cement from Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (230.4 tons)
  2. China (89.9 tons)
  3. Macao SAR (46.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for articles of fiber cement 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 23651220 - Articles of asbestos-cement, of cellulose fibre-cement or similar mixtures of fibres (asbestos, cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, containing
  • Prodcom 23651240 - Sheets, panels, tiles and similar articles, of cellulose fibrecement or similar mixtures of fibres (cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, not containing
  • Prodcom 23651270 - Articles of cellulose fibre-cement or the like, not containing asbestos (excluding corrugated and other sheets, panels, p aving, tiles and similar articles)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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