Hong Kong SAR, China - Prepared Additives For Cements, Mortars Or Concretes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Additives for Cements in Hong Kong SAR - 2023
Contents:
- Price for Prepared Additives for Cements in Hong Kong SAR (CIF) - 2022
- Price for Prepared Additives for Cements in Hong Kong SAR (FOB) - 2023
- Imports of Prepared Additives for Cements in Hong Kong SAR
- Exports of Prepared Additives for Cements in Hong Kong SAR
Price for Prepared Additives for Cements in Hong Kong SAR (CIF) - 2022
The average prepared additives for cements import price stood at $375 per ton in 2022, falling by -8% against the previous year. In general, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by 41%. Over the period under review, average import prices reached the maximum at $976 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Taiwan (Chinese) ($1,164 per ton), while the price for China ($271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Prepared Additives for Cements in Hong Kong SAR (FOB) - 2023
The average prepared additives for cements export price stood at $792 per ton in August 2023, declining by -6.8% against the previous month. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in February 2023 an increase of 140% month-to-month. The export price peaked at $1,951 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was China ($794 per ton), while the average price for exports to the Philippines ($649 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+29.1%), while the prices for the other major destinations experienced a decline.
Imports of Prepared Additives for Cements in Hong Kong SAR
In 2022, imports of prepared additives for cements, mortars or concretes into Hong Kong SAR soared to 81K tons, jumping by 19% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, prepared additives for cements imports expanded remarkably to $30M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Prepared Additives for Cements in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.4 | 13.0 | 14.9 | 18.0 | 13.2% |
| Taiwan (Chinese) | 2.3 | 1.9 | 2.8 | 2.8 | 6.8% |
| South Korea | 0.8 | 0.9 | 2.0 | 2.4 | 44.2% |
| Malaysia | 1.1 | 0.8 | 1.7 | 1.7 | 15.6% |
| Others | 3.7 | 4.1 | 6.4 | 5.4 | 13.4% |
| Total | 20.4 | 20.7 | 27.7 | 30.3 | 14.1% |
Top Suppliers of Prepared Additives for Cements to Hong Kong SAR in 2022:
- China (66.4K tons)
- Malaysia (4.5K tons)
- South Korea (3.9K tons)
- Taiwan (Chinese) (2.4K tons)
Exports of Prepared Additives for Cements in Hong Kong SAR
In 2022, overseas shipments of prepared additives for cements, mortars or concretes decreased by -28.8% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 7.2K tons, and then contracted sharply in the following year.
In value terms, prepared additives for cements exports contracted rapidly to $6.1M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. As a result, the exports reached the peak of $7.5M, and then shrank markedly in the following year.
| Export of Prepared Additives for Cements in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 3.7 | 4.3 | 5.7 | 3.9 | 1.8% |
| Singapore | 0.5 | 0.3 | 0.5 | 1.0 | 26.0% |
| China | 0.6 | 0.9 | 1.0 | 0.7 | 5.3% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Indonesia | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Vietnam | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 5.7 | 5.8 | 7.5 | 6.1 | 2.3% |
Top Export Markets for Prepared Additives for Cements from Hong Kong SAR in 2022:
- Macao SAR (4376.8 tons)
- China (339.2 tons)
- Singapore (190.8 tons)
- Taiwan (Chinese) (88.5 tons)
- Indonesia (84.8 tons)
This report provides an in-depth analysis of the market for prepared additives for cements 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 20595750 - Prepared additives for cements, mortars or concretes
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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