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

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

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Price for Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR - 2023

Contents:

  1. Price for Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (CIF) - 2023
  2. Price for Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (FOB) - 2023
  3. Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR
  4. Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR

Price for Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (CIF) - 2023

The average import price for rigid tubes, pipes and hoses, of other polymers stood at $2,743 per ton in October 2023, increasing by 5.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 26% m-o-m. As a result, import price reached the peak level of $2,894 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($5,453 per ton), while the price for Taiwan (Chinese) ($1,883 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 South Korea (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (FOB) - 2023

In October 2023, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $9,641 per ton, surging by 44% against the previous month. Overall, the export price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in January 2023 when the average export price increased by 105% m-o-m. Over the period under review, the average export prices reached the maximum at $35,088 per ton in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($36,505 per ton), while the average price for exports to Taiwan (Chinese) ($7,658 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 France (+11.1%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in purchases abroad of rigid tubes, pipes and hoses, of other polymers, when their volume decreased by -6.7% to 4.5K tons. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports attained the peak of 4.8K tons, and then dropped in the following year.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers reduced to $13M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of $16M, and then declined in the following year.

Import of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.31.13.05.5163.7%
China3.74.54.83.4-2.8%
United Arab Emirates0.50.20.90.921.6%
South Korea0.10.20.10.791.3%
ThailandN/AN/A0.40.525.0%
OmanN/AN/AN/A0.20%
Saudi ArabiaN/A0.30.2N/A-33.3%
Others6.75.96.11.9-34.3%
Total11.212.215.513.25.6%

Top Suppliers of Rigid Tubes, Pipes and Hoses, of Other Polymers to Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (2839.0 tons)
  2. China (1029.8 tons)
  3. Thailand (218.7 tons)
  4. South Korea (138.4 tons)
  5. United Arab Emirates (88.0 tons)
  6. Oman (73.6 tons)

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR

Exports of rigid tubes, pipes and hoses, of other polymers from Hong Kong SAR shrank notably to 212 tons in 2022, dropping by -45.1% against the previous year. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 387 tons, and then contracted significantly in the following year.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank markedly to $1.9M in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -4.7% was in 2021.

Export of Rigid Tubes, Pipes and Hoses, of Other Polymers in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,8984,4253,8951,083-34.7%
Singapore264145296210-7.3%
Japan12.924.910799.597.6%
United States21322927978.5-28.3%
Macao SAR46.055.043.455.36.3%
Taiwan (Chinese)3,2812.78.57.8-86.7%
Others369224236327-3.9%
Total8,0835,1054,8651,861-38.7%

Top Export Markets for Rigid Tubes, Pipes and Hoses, of Other Polymers from Hong Kong SAR in 2022:

  1. China (149.7 tons)
  2. Japan (24.9 tons)
  3. Singapore (8.7 tons)
  4. United States (6.6 tons)
  5. Macao SAR (6.3 tons)
  6. Taiwan (Chinese) (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rigid tubes, pipes and hoses, of other polymers 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 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)

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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Free Data: Rigid Tubes, Pipes And Hoses, Of Other Polymers - Hong Kong SAR