Hong Kong SAR, China - Synthetic Organic Tanning Substances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Synthetic Organic Tanning Substances in Hong Kong SAR - 2023
Contents:
- Price for Synthetic Organic Tanning Substances in Hong Kong SAR (CIF) - 2023
- Price for Synthetic Organic Tanning Substances in Hong Kong SAR (FOB) - 2023
- Imports of Synthetic Organic Tanning Substances in Hong Kong SAR
- Exports of Synthetic Organic Tanning Substances in Hong Kong SAR
Price for Synthetic Organic Tanning Substances in Hong Kong SAR (CIF) - 2023
The average synthetic organic tanning substances import price stood at $1,848 per ton in September 2023, waning by -9.3% against the previous month. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in June 2023 an increase of 36% against the previous month. Over the period under review, average import prices attained the peak figure at $2,549 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,590 per ton), while the price for China ($1,505 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 Italy (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Synthetic Organic Tanning Substances in Hong Kong SAR (FOB) - 2023
The average synthetic organic tanning substances export price stood at $2,226 per ton in September 2023, waning by -3.1% against the previous month. In general, the export price continues to indicate a slight curtailment. The growth pace was the most rapid in November 2022 an increase of 16% month-to-month. Over the period under review, the average export prices hit record highs at $2,943 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the country with the highest price was China ($2,288 per ton), while the average price for exports to Ethiopia ($1,803 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Synthetic Organic Tanning Substances in Hong Kong SAR
In 2022, approx. 2.8K tons of synthetic organic tanning substances were imported into Hong Kong SAR; waning by -32.1% compared with 2021. Overall, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.
In value terms, synthetic organic tanning substances imports shrank sharply to $6.5M in 2022. Over the period under review, imports showed a sharp setback. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year.
Import of Synthetic Organic Tanning Substances in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,293 | 780 | 1,388 | 1,589 | 7.1% |
Italy | 913 | 277 | 731 | 1,114 | 6.9% |
Germany | 749 | 739 | 558 | 667 | -3.8% |
China | 3,858 | 1,011 | 603 | 418 | -52.3% |
Netherlands | 1,781 | 584 | 1,069 | 406 | -38.9% |
Brazil | 367 | 274 | 406 | 393 | 2.3% |
Belgium | 1,296 | 132 | 233 | 353 | -35.2% |
Singapore | 1,327 | 912 | 969 | 333 | -36.9% |
Indonesia | 52.6 | 29.9 | 134 | 210 | 58.6% |
Thailand | 310 | 429 | 1,076 | 181 | -16.4% |
Spain | 474 | 248 | 196 | 170 | -29.0% |
South Africa | 374 | 26.1 | 38.1 | N/A | -68.1% |
Others | 1,122 | 381 | 566 | 649 | -16.7% |
Total | 13,916 | 5,823 | 7,968 | 6,482 | -22.5% |
Top Suppliers of Synthetic Organic Tanning Substances to Hong Kong SAR in 2022:
- India (784.3 tons)
- Italy (420.4 tons)
- Germany (235.9 tons)
- China (230.6 tons)
- Brazil (228.5 tons)
- Belgium (193.7 tons)
- Netherlands (170.6 tons)
- Indonesia (136.1 tons)
- Thailand (101.4 tons)
- Spain (77.9 tons)
- Singapore (69.1 tons)
Exports of Synthetic Organic Tanning Substances in Hong Kong SAR
Synthetic organic tanning substances exports from Hong Kong SAR stood at 3.7K tons in 2022, picking up by 2.2% compared with the year before. Over the period under review, exports, however, recorded a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, synthetic organic tanning substances exports skyrocketed to $8.6M in 2022. Overall, exports, however, saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year.
Export of Synthetic Organic Tanning Substances in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.6 | 4.5 | 6.0 | 7.6 | -15.5% |
Ethiopia | 0.8 | 0.2 | 0.4 | 0.3 | -27.9% |
Vietnam | 1.3 | 0.5 | 0.5 | 0.3 | -38.7% |
Thailand | 2.7 | 0.4 | 0.3 | 0.3 | -51.9% |
Taiwan (Chinese) | 0.8 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.2 | 0.1 | N/A | -68.4% |
Total | 19.2 | 5.8 | 7.3 | 8.6 | -23.5% |
Top Export Markets for Synthetic Organic Tanning Substances from Hong Kong SAR in 2022:
- China (3246.2 tons)
- Thailand (181.9 tons)
- Vietnam (154.1 tons)
- Ethiopia (121.2 tons)
This report provides an in-depth analysis of the market for synthetic organic tanning substances 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 20122330 - Synthetic organic tanning substances
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 synthetic organic tanning substances in Hong Kong SAR, China.
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In value terms, tanning substances imports amounted to $X in 2016. Overall, tanning substances imports continue to indicate a relatively flat trend pattern. Global tanning substances import peaked ...
In value terms, tanning substances exports totaled $X in 2016. Overall, tanning substances exports continue to indicate a relatively flat trend pattern. Global tanning substances export peaked of $...
In value terms, tanning substances imports amounted to $X in 2016. Overall, tanning substances imports continue to indicate a relatively flat trend pattern. Global tanning substances import peaked ...
In value terms, tanning substances exports totaled $X in 2016. Overall, tanning substances exports continue to indicate a relatively flat trend pattern. Global tanning substances export peaked of $...