Hong Kong SAR, China - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR - 2023
Contents:
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (FOB) - 2023
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (CIF) - 2023
- Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR
- Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (FOB) - 2023
In October 2023, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,192 per ton, approximately equating the previous month. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in August 2023 an increase of 17% m-o-m. The export price peaked at $1,780 per ton in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,650 per ton), while the average price for exports to China ($1,093 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 Japan (+4.0%), while the prices for the other major destinations experienced a decline.
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (CIF) - 2023
In October 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,372 per ton, rising by 5.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 37% m-o-m. The import price peaked at $1,562 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,016 per ton), while the price for Saudi Arabia ($983 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 the United States (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR
In 2022, approx. 45K tons of polyethylene with a specific gravity of less than 0.94, in primary forms were exported from Hong Kong SAR; reducing by -31.9% on the previous year. In general, exports faced a sharp slump.
In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms contracted significantly to $72M in 2022. Overall, exports recorded a dramatic downturn. The smallest decline of -15.5% was in 2021.
| Export of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 153 | 93.5 | 75.3 | 57.8 | -27.7% |
| Taiwan (Chinese) | 6.4 | 5.4 | 3.1 | 4.2 | -13.1% |
| Vietnam | 3.8 | 1.8 | 2.2 | 4.0 | 1.7% |
| Thailand | 11.3 | 3.5 | 4.7 | 2.3 | -41.2% |
| Others | 6.6 | 3.7 | 5.9 | 3.8 | -16.8% |
| Total | 181 | 108 | 91.2 | 72.0 | -26.5% |
Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Hong Kong SAR in 2022:
- China (37.0K tons)
- Vietnam (2.6K tons)
- Taiwan (Chinese) (2.0K tons)
- Thailand (1.1K tons)
Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR
In 2022, imports of polyethylene with a specific gravity of less than 0.94, in primary forms into Hong Kong SAR dropped dramatically to 38K tons, declining by -39% compared with 2021 figures. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -31.3% was in 2021.
In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms fell dramatically to $56M in 2022. In general, imports showed a precipitous decline. The smallest decline of -17.8% was in 2021.
| Import of Polyethylene with A Specific Gravity of Less than 0.94 in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 20.2 | 13.4 | 17.5 | 10.6 | -19.3% |
| Saudi Arabia | 26.0 | 19.2 | 16.1 | 10.2 | -26.8% |
| United States | 24.9 | 18.2 | 13.5 | 9.3 | -28.0% |
| China | 29.0 | 19.7 | 7.2 | 8.2 | -34.4% |
| Japan | 13.0 | 9.9 | 11.3 | 6.5 | -20.6% |
| Qatar | 8.1 | 6.2 | 9.6 | 6.3 | -8.0% |
| Taiwan (Chinese) | 2.9 | 1.9 | 2.0 | 2.0 | -11.6% |
| Kuwait | 13.5 | 4.5 | 0.5 | N/A | -80.8% |
| Others | 17.7 | 13.2 | 9.5 | 2.6 | -47.2% |
| Total | 155 | 106 | 87.3 | 55.6 | -28.9% |
Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Hong Kong SAR in 2022:
- Saudi Arabia (8.5K tons)
- Singapore (6.4K tons)
- United States (5.5K tons)
- China (5.2K tons)
- Japan (5.1K tons)
- Qatar (4.6K tons)
- Taiwan (Chinese) (1.1K tons)
This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
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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