Report Update: Apr 1, 2024

Hong Kong SAR, China - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Titanium Dioxide Pigments Price in Hong Kong SAR - 2023

Titanium Dioxide Pigments Price in Hong Kong SAR (CIF) - 2023

In August 2023, the average titanium dioxide pigments import price amounted to $4,366 per ton, falling by -49.8% against the previous month. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 139% month-to-month. As a result, import price reached the peak level of $16,103 per ton. From March 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were China ($5,425 per ton) and Taiwan (Chinese) ($3,791 per ton), while the price for Mexico ($3,743 per ton) and Singapore ($3,791 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Titanium Dioxide Pigments Price in Hong Kong SAR (FOB) - 2023

In August 2023, the average titanium dioxide pigments export price amounted to $5,264 per ton, waning by -11.4% against the previous month. In general, the export price saw a noticeable decrease. The growth pace was the most rapid in May 2023 an increase of 49% m-o-m. As a result, the export price reached the peak level of $8,070 per ton. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was China ($12,034 per ton), while the average price for exports to India ($3,797 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Titanium Dioxide Pigments Imports in Hong Kong SAR

In 2022, approx. 1.6K tons of titanium dioxide pigments and colouring preparations were imported into Hong Kong SAR; shrinking by -13.9% against the year before. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 2.7% against the previous year.

In value terms, titanium dioxide pigments imports expanded to $7.9M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Titanium Dioxide Pigments in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	2.9	4.0	3.3	4.4	14.9%
Taiwan (Chinese)	1.2	0.8	1.2	2.1	20.5%
China	0.7	0.6	0.8	0.7	0.0%
Japan	0.2	0.3	0.6	0.2	0.0%
United States	1.0	0.1	1.0	0.1	-53.6%
Vietnam	0.3	0.3	0.4	0.1	-30.7%
South Korea	0.8	N/A	N/A	N/A	0%
Others	0.4	0.5	0.4	0.4	0.0%
Total	7.5	6.5	7.7	7.9	1.7%

Top Suppliers of Titanium Dioxide Pigments to Hong Kong SAR in 2022:

Mexico (1020.0 tons)
Taiwan (Chinese) (463.1 tons)
China (61.6 tons)
Japan (29.2 tons)
Vietnam (25.0 tons)
United States (7.2 tons)
South Korea (0.9 tons)

Titanium Dioxide Pigments Exports in Hong Kong SAR

Titanium dioxide pigments exports from Hong Kong SAR shrank modestly to 1.4K tons in 2022, remaining constant against the year before. Overall, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year.

In value terms, titanium dioxide pigments exports skyrocketed to $7.5M in 2022. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Titanium Dioxide Pigments in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	0.8	0.3	1.9	3.2	58.7%
China	5.0	2.9	3.1	2.4	-21.7%
India	0.3	0.2	0.5	0.5	18.6%
Indonesia	0.1	N/A	0.2	0.4	58.7%
Cambodia	N/A	N/A	0.3	0.3	0.0%
Others	0.4	0.4	0.6	0.8	26.0%
Total	6.6	3.8	6.5	7.5	4.4%

Top Export Markets for Titanium Dioxide Pigments from Hong Kong SAR in 2022:

Vietnam (730.2 tons)
China (395.6 tons)
India (101.0 tons)
Cambodia (60.0 tons)
Indonesia (45.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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
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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