Hong Kong SAR, China - Rigid Tubes, Pipes And Hoses Of Polymers Of Propylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 4, 2024

Hong Kong SAR, China - Rigid Tubes, Pipes And Hoses Of Polymers Of Propylene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Propylene Polymer Rigid Pipes in Hong Kong SAR - 2023

Contents:

  1. Price for Propylene Polymer Rigid Pipes in Hong Kong SAR (CIF) - 2022
  2. Price for Propylene Polymer Rigid Pipes in Hong Kong SAR (FOB) - 2023
  3. Imports of Propylene Polymer Rigid Pipes in Hong Kong SAR
  4. Exports of Propylene Polymer Rigid Pipes in Hong Kong SAR

Price for Propylene Polymer Rigid Pipes in Hong Kong SAR (CIF) - 2022

The average propylene polymer rigid pipes import price stood at $4,478 per ton in 2022, with a decrease of -26.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $6,077 per ton in 2021, and then fell remarkably 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 the UK ($10,169 per ton), while the price for China amounted to $3,241 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).

Price for Propylene Polymer Rigid Pipes in Hong Kong SAR (FOB) - 2023

In June 2023, the average propylene polymer rigid pipes export price amounted to $23,071 per ton, increasing by 8% against the previous month. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in February 2023 when the average export price increased by 2,373% month-to-month. As a result, the export price reached the peak level of $386K per ton. From March 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($23,677 per ton), while the average price for exports to the United States ($7,660 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Propylene Polymer Rigid Pipes in Hong Kong SAR

In 2022, propylene polymer rigid pipes imports into Hong Kong SAR declined to 336 tons, with a decrease of -10.9% compared with the previous year's figure. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year.

In value terms, propylene polymer rigid pipes imports reduced markedly to $1.5M in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports reached the peak of $2.3M, and then declined notably in the following year.

Import of Propylene Polymer Rigid Pipes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6339741,771897-18.1%
United Kingdom20924920356439.2%
Others12555.432044.7-29.0%
Total1,9671,2782,2931,505-8.5%

Top Suppliers of Propylene Polymer Rigid Pipes to Hong Kong SAR in 2022:

  1. China (276.6 tons)
  2. United Kingdom (55.4 tons)

Exports of Propylene Polymer Rigid Pipes in Hong Kong SAR

Propylene polymer rigid pipes exports from Hong Kong SAR expanded markedly to 88 tons in 2022, with an increase of 13% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, propylene polymer rigid pipes exports skyrocketed to $1M in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 103%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Propylene Polymer Rigid Pipes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23357476599462.2%
United States16.023.664.419.77.2%
Others67.443.813.913.8-41.1%
Total3166418431,02748.1%

Top Export Markets for Propylene Polymer Rigid Pipes from Hong Kong SAR in 2022:

  1. China (86.5 tons)
  2. United States (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for propylene polymer rigid pipes 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 22212155 - Rigid tubes, pipes and hoses of polymers of propylene

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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