Report Update: May 1, 2024

Hong Kong SAR, China - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights

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Rolled Bitumen Articles Price in Hong Kong SAR - 2023

Rolled Bitumen Articles Price in Hong Kong SAR (CIF) - 2022

In 2022, the average rolled bitumen articles import price amounted to $3.9 per square meter, dropping by -8.5% against the previous year. In general, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. The import price peaked at $4.7 per square meter in 2012; however, from 2013 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 Singapore ($12 per square meter), while the price for Canada ($2.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Rolled Bitumen Articles Price in Hong Kong SAR (FOB) - 2022

The average rolled bitumen articles export price stood at $26 per square meter in 2022, increasing by 88% against the previous year. Over the period under review, the export price saw a prominent expansion. The growth pace was the most rapid in 2014 an increase of 106%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +14.8% per year.

Rolled Bitumen Articles Imports in Hong Kong SAR

In 2022, approx. 302K square meters of articles of bitumen in rolls were imported into Hong Kong SAR; with a decrease of -23.7% on 2021 figures. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at 417K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rolled bitumen articles imports plummeted to $1.2M in 2022. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. As a result, imports attained the peak of $1.7M, and then fell significantly in the following year.

Import of Rolled Bitumen Articles in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	595	221	442	351	-16.1%
Egypt	68.3	22.9	93.1	248	53.7%
Singapore	55.6	2.4	73.3	186	49.6%
United Arab Emirates	160	334	2.0	87.1	-18.3%
China	134	87.3	459	64.8	-21.5%
Spain	194	178	493	58.2	-33.1%
Canada	N/A	N/A	2.5	39.9	1496.0%
Others	238	178	122	144	-15.4%
Total	1,446	1,023	1,686	1,178	-6.6%

Top Suppliers of Rolled Bitumen Articles to Hong Kong SAR in 2022:

Italy (109.1K square meters)
Egypt (92.8K square meters)
United Arab Emirates (21.8K square meters)
Spain (17.9K square meters)
Canada (17.2K square meters)
Singapore (15.5K square meters)
China (8.4K square meters)

Rolled Bitumen Articles Exports in Hong Kong SAR

In 2022, approx. 25K square meters of articles of bitumen in rolls were exported from Hong Kong SAR; with a decrease of -44.2% on 2021 figures. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 621%. As a result, the exports attained the peak of 45K square meters, and then shrank remarkably in the following year.

In value terms, rolled bitumen articles exports expanded remarkably to $638K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 801%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Rolled Bitumen Articles in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Macao SAR	159	35.1	604	638	58.9%
China	49.6	25.1	N/A	N/A	-49.4%
Others	N/A	7.1	2.2	N/A	-69.0%
Total	208	67.3	606	638	45.3%

Top Export Markets for Rolled Bitumen Articles from Hong Kong SAR in 2022:

Macao SAR (25.0K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rolled bitumen articles market 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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