Hong Kong SAR, China - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Polypropylene in Primary Forms in Hong Kong SAR (FOB) - 2023
- Price for Polypropylene in Primary Forms in Hong Kong SAR (CIF) - 2023
- Exports of Polypropylene in Primary Forms in Hong Kong SAR
- Imports of Polypropylene in Primary Forms in Hong Kong SAR
Price for Polypropylene in Primary Forms in Hong Kong SAR (FOB) - 2023
In September 2023, the average polypropylene in primary forms export price amounted to $1,262 per ton, increasing by 5.1% against the previous month. Overall, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 19% against the previous month. As a result, the export price reached the peak level of $1,720 per ton. From November 2022 to September 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was China ($1,282 per ton), while the average price for exports to the Dominican Republic totaled $979 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.9%).
Price for Polypropylene in Primary Forms in Hong Kong SAR (CIF) - 2023
In September 2023, the average polypropylene in primary forms import price amounted to $1,093 per ton, with an increase of 5.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 10% m-o-m. As a result, import price attained the peak level of $1,338 per ton. From November 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,036 per ton), while the price for Saudi Arabia ($972 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Polypropylene in Primary Forms in Hong Kong SAR
In 2022, polypropylene in primary forms exports from Hong Kong SAR reduced markedly to 121K tons, waning by -61.3% on the previous year. Overall, exports saw a dramatic decline. The smallest decline of -3.7% was in 2020.
In value terms, polypropylene in primary forms exports fell dramatically to $180M in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 5%.
| Export of Polypropylene in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 462 | 418 | 428 | 167 | -28.8% |
| Vietnam | 3.4 | 5.2 | 5.4 | 3.7 | 2.9% |
| Others | 6.2 | 5.9 | 17.8 | 9.7 | 16.1% |
| Total | 471 | 429 | 451 | 180 | -27.4% |
Top Export Markets for Polypropylene in Primary Forms from Hong Kong SAR in 2022:
- China (111.3K tons)
- Vietnam (2.4K tons)
Imports of Polypropylene in Primary Forms in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of polypropylene in primary forms, which decreased by -60.6% to 117K tons in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -0.6% was in 2020.
In value terms, polypropylene in primary forms imports reduced sharply to $157M in 2022. Overall, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
| Import of Polypropylene in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 86.2 | 75.9 | 89.8 | 40.2 | -22.5% |
| Taiwan (Chinese) | 78.0 | 82.3 | 101 | 32.6 | -25.2% |
| China | 59.0 | 56.7 | 51.8 | 21.1 | -29.0% |
| Saudi Arabia | 50.3 | 43.8 | 45.2 | 17.6 | -29.5% |
| Singapore | 32.4 | 27.8 | 30.2 | 10.3 | -31.8% |
| Malaysia | 43.9 | 26.6 | 19.3 | 7.7 | -44.0% |
| Thailand | 23.8 | 19.1 | 23.6 | 6.7 | -34.5% |
| Others | 30.9 | 31.7 | 39.9 | 20.8 | -12.4% |
| Total | 405 | 364 | 401 | 157 | -27.1% |
Top Suppliers of Polypropylene in Primary Forms to Hong Kong SAR in 2022:
- South Korea (31.8K tons)
- Taiwan (Chinese) (25.1K tons)
- China (15.9K tons)
- Saudi Arabia (14.9K tons)
- Singapore (7.4K tons)
- Malaysia (5.8K tons)
- Thailand (5.0K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms
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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This report provides an in-depth analysis of the market for polypropylene in primary forms in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Hong Kong SAR, China.
44
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hong Kong SAR, China.
926
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
