Hong Kong SAR, China - Diols And Polyhydric Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diols and Polyhydric Alcohols in Hong Kong SAR - 2023
Contents:
- Price for Diols and Polyhydric Alcohols in Hong Kong SAR (CIF) - 2022
- Price for Diols and Polyhydric Alcohols in Hong Kong SAR (FOB) - 2022
- Imports of Diols and Polyhydric Alcohols in Hong Kong SAR
- Exports of Diols and Polyhydric Alcohols in Hong Kong SAR
Price for Diols and Polyhydric Alcohols in Hong Kong SAR (CIF) - 2022
The average diols and polyhydric alcohols import price stood at $5,677 per ton in 2022, which is down by -17% against the previous year. Overall, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80% against the previous year. As a result, import price attained the peak level of $6,838 per ton, and then reduced rapidly in the following year.
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 Germany ($15,970 per ton), while the price for Taiwan (Chinese) ($2,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Diols and Polyhydric Alcohols in Hong Kong SAR (FOB) - 2022
In 2022, the average diols and polyhydric alcohols export price amounted to $7,312 per ton, rising by 13% against the previous year. Overall, the export price showed a prominent increase. The growth pace was the most rapid in 2019 when the average export price increased by 81%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($15,156 per ton), while the average price for exports to Indonesia ($1,675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.2%), while the prices for the other major destinations experienced a decline.
Imports of Diols and Polyhydric Alcohols in Hong Kong SAR
In 2022, diols and polyhydric alcohols imports into Hong Kong SAR dropped slightly to 648 tons, waning by -3.3% against the previous year. In general, imports faced a deep contraction.
In value terms, diols and polyhydric alcohols imports dropped significantly to $3.7M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of $4.6M, and then reduced remarkably in the following year.
Import of Diols and Polyhydric Alcohols in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 149 | 725 | 2,541 | 1,721 | 126.0% |
China | 1,008 | 516 | 751 | 1,055 | 1.5% |
United States | 1,476 | 538 | 359 | 327 | -39.5% |
Japan | 400 | 831 | 613 | 308 | -8.3% |
Taiwan (Chinese) | 120 | 51.9 | 42.6 | 80.6 | -12.4% |
France | 135 | 151 | 136 | 69.7 | -19.8% |
Brazil | 28.3 | 469 | N/A | 44.2 | 16.0% |
Others | 57.9 | 118 | 141 | 75.2 | 9.1% |
Total | 3,375 | 3,399 | 4,584 | 3,681 | 2.9% |
Top Suppliers of Diols and Polyhydric Alcohols to Hong Kong SAR in 2022:
- China (347.3 tons)
- South Korea (164.3 tons)
- Japan (37.1 tons)
- Taiwan (Chinese) (35.4 tons)
- United States (27.9 tons)
- Brazil (14.8 tons)
- France (13.1 tons)
Exports of Diols and Polyhydric Alcohols in Hong Kong SAR
In 2022, overseas shipments of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) decreased by -57.6% to 172 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports attained the peak of 545 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, diols and polyhydric alcohols exports shrank significantly to $1.3M in 2022. Overall, exports saw a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 5.5% against the previous year. As a result, the exports attained the peak of $2.6M, and then contracted remarkably in the following year.
Export of Diols and Polyhydric Alcohols in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,476 | 1,896 | 2,344 | 1,051 | -24.8% |
Japan | 5.3 | 34.1 | 102 | 119 | 182.1% |
Taiwan (Chinese) | N/A | N/A | 2.6 | 22.9 | 780.8% |
Indonesia | N/A | 489 | 16.5 | 4.3 | -90.6% |
Others | 11.2 | 64.7 | 156 | 58.9 | 73.9% |
Total | 2,492 | 2,484 | 2,621 | 1,257 | -20.4% |
Top Export Markets for Diols and Polyhydric Alcohols from Hong Kong SAR in 2022:
- China (152.2 tons)
- Japan (7.9 tons)
- Taiwan (Chinese) (4.3 tons)
- Indonesia (2.6 tons)
This report provides an in-depth analysis of the market for diols and polyhydric alcohols 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 20142339 - Diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, D-glucitol)
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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