Hong Kong SAR, China - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR - 2023
Contents:
- Price for Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (CIF) - 2022
- Price for Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (FOB) - 2022
- Imports of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR
- Exports of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR
Price for Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (CIF) - 2022
In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $2,704 per ton, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($9,921 per ton), while the price for Malaysia ($1,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (FOB) - 2022
In 2022, the average saturated acyclic monocarboxylic acids export price amounted to $3,565 per ton, rising by 11% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids export price decreased by -17.6% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 46%. The export price peaked at $4,325 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,646 per ton), while the average price for exports to China ($3,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR
In 2022, supplies from abroad of saturated acyclic monocarboxylic acids decreased by -22.5% to 3.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports reached the peak of 4.8K tons, and then declined markedly in the following year.
In value terms, saturated acyclic monocarboxylic acids imports reduced to $10M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +36.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, imports reached the peak of $11M, and then shrank in the following year.
Import of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.5 | 3.3 | 5.7 | 4.2 | 18.9% |
South Korea | 0.2 | 0.2 | 0.9 | 1.5 | 95.7% |
United States | 1.6 | 2.0 | 1.4 | 1.2 | -9.1% |
Singapore | 0.5 | 0.6 | 0.6 | 1.0 | 26.0% |
Malaysia | 0.5 | 0.4 | 0.7 | 0.9 | 21.6% |
Japan | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
Canada | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
Taiwan (Chinese) | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
Others | 1.0 | 0.1 | 0.4 | 0.4 | -26.3% |
Total | 7.5 | 7.3 | 10.6 | 10.0 | 10.1% |
Top Suppliers of Saturated Acyclic Monocarboxylic Acids to Hong Kong SAR in 2022:
- China (2077.5 tons)
- Malaysia (445.1 tons)
- South Korea (399.2 tons)
- Singapore (374.2 tons)
- United States (119.5 tons)
- Japan (90.4 tons)
- Taiwan (Chinese) (82.0 tons)
- Canada (44.9 tons)
Exports of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in shipments abroad of saturated acyclic monocarboxylic acids, when their volume decreased by -7.6% to 2.4K tons. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 111%. As a result, the exports attained the peak of 2.6K tons, and then shrank in the following year.
In value terms, saturated acyclic monocarboxylic acids exports expanded slightly to $8.7M in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Saturated Acyclic Monocarboxylic Acids in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.3 | 3.8 | 7.0 | 6.0 | 11.7% |
Vietnam | N/A | 0.7 | 0.4 | 1.3 | 36.3% |
United States | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
Others | 0.2 | 0.5 | 0.8 | 1.0 | 71.0% |
Total | 4.8 | 5.4 | 8.5 | 8.7 | 21.9% |
Top Export Markets for Saturated Acyclic Monocarboxylic Acids from Hong Kong SAR in 2022:
- China (1864.3 tons)
- Vietnam (382.9 tons)
- United States (64.6 tons)
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids 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 20143215 - Ethyl acetate
- Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
- Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
- Prodcom 20143230 -
- Prodcom 20143240 -
- Prodcom 20143250 - Formic acid, its salts and esters
- Prodcom 20143271 - Acetic acid
- Prodcom 20143278 - Salts of acetic acid
- Prodcom 20143280 - Lauric acid and others, salts and esters
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
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for salts of acetic acid in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Hong Kong SAR, China.
This report provides an in-depth analysis of the ethyl acetate market in Hong Kong SAR, China.
This report provides an in-depth analysis of the acetic anhydride market in Hong Kong SAR, China.
This report provides an in-depth analysis of the acetic acid market in Hong Kong SAR, China.
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
In value terms, acetals and hemiacetals exports totaled $X in 2016. In general, acetals and hemiacetals exports continue to indicate a relatively flat trend pattern. In that year, global acetals and...
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.