Hong Kong SAR, China - Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cement Prefabricated Structural Components in Hong Kong SAR - 2023
Contents:
- Price for Cement Prefabricated Structural Components in Hong Kong SAR (CIF) - 2023
- Price for Cement Prefabricated Structural Components in Hong Kong SAR (FOB) - 2022
- Imports of Cement Prefabricated Structural Components in Hong Kong SAR
- Exports of Cement Prefabricated Structural Components in Hong Kong SAR
Price for Cement Prefabricated Structural Components in Hong Kong SAR (CIF) - 2023
The average cement prefabricated structural components import price stood at $261 per ton in June 2023, picking up by 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in July 2022 when the average import price increased by 30% m-o-m. Over the period under review, average import prices reached the maximum in June 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +3.4% per month.
Price for Cement Prefabricated Structural Components in Hong Kong SAR (FOB) - 2022
In 2022, the average cement prefabricated structural components export price amounted to $150 per ton, picking up by 5.9% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 120% against the previous year. Over the period under review, the average export prices reached the peak figure at $582 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($763 per ton), while the average price for exports to China amounted to $128 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+0.3%).
Imports of Cement Prefabricated Structural Components in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in purchases abroad of prefabricated structural components of cement, concrete or artificial stone, which increased by 7.7% to 785K tons in 2022. The total import volume increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, cement prefabricated structural components imports shrank slightly to $166M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of $190M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cement Prefabricated Structural Components in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 117 | 190 | 174 | 166 | 12.4% |
| Others | 1.8 | 0.2 | 0.3 | 0.3 | -45.0% |
| Total | 119 | 190 | 175 | 166 | 11.7% |
Top Suppliers of Cement Prefabricated Structural Components to Hong Kong SAR in 2022:
- China (784.8K tons)
Exports of Cement Prefabricated Structural Components in Hong Kong SAR
In 2022, overseas shipments of prefabricated structural components of cement, concrete or artificial stone decreased by -72.6% to 556 tons, falling for the second year in a row after two years of growth. Overall, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 567% against the previous year. As a result, the exports reached the peak of 4.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cement prefabricated structural components exports declined sharply to $83K in 2022. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 442% against the previous year. As a result, the exports reached the peak of $774K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cement Prefabricated Structural Components in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 747 | 255 | 68.7 | -21.1% |
| Macao SAR | N/A | 9.6 | 13.4 | 14.6 | 23.3% |
| Others | 2.9 | 17.1 | 19.0 | N/A | 156.0% |
| Total | 143 | 774 | 287 | 83.3 | -16.5% |
Top Export Markets for Cement Prefabricated Structural Components from Hong Kong SAR in 2022:
- China (537.3 tons)
- Macao SAR (19.2 tons)
This report provides an in-depth analysis of the market for cement prefabricated structural components 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 23611200 - Prefabricated structural components for building or civil engineering, of cement, concrete or artificial stone
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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