Hong Kong SAR, China - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTungsten Price in Hong Kong SAR - 2023
Contents:
- Tungsten Price in Hong Kong SAR (FOB) - 2022
- Tungsten Price in Hong Kong SAR (CIF) - 2023
- Tungsten Exports in Hong Kong SAR
- Tungsten Imports in Hong Kong SAR
Tungsten Price in Hong Kong SAR (FOB) - 2022
The average tungsten export price stood at $47,566 per ton in 2022, with a decrease of -18.7% against the previous year. Overall, the export price, however, showed a modest expansion. The growth pace was the most rapid in 2021 when the average export price increased by 426% against the previous year. Over the period under review, the average export prices hit record highs at $130,995 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +265.1% per year.
Tungsten Price in Hong Kong SAR (CIF) - 2023
The average tungsten import price stood at $37,668 per ton in February 2023, approximately reflecting the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 2.9% against the previous month. Over the period under review, average import prices reached the maximum at $62,736 per ton in June 2022; however, from July 2022 to February 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2022 to February 2023, the rate of growth in terms of prices for China amounted to -0.9% per month.
Tungsten Exports in Hong Kong SAR
In 2022, approx. 20 tons of tungsten were exported from Hong Kong SAR; rising by 31,095% compared with the previous year. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tungsten exports skyrocketed to $964K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.4 | N/A | N/A | 948 | 1233.3% |
| Taiwan (Chinese) | N/A | 150 | N/A | N/A | 0% |
| Others | 56.4 | 26.8 | 3.8 | 16.7 | -33.3% |
| Total | 56.9 | 177 | 3.8 | 964 | 156.8% |
Top Export Markets for Tungsten from Hong Kong SAR in 2022:
- Australia (20.0 tons)
Tungsten Imports in Hong Kong SAR
In 2022, after two years of decline, there was decline in overseas purchases of tungsten, when their volume decreased by 0% to 25 tons. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, tungsten imports stood at $1.1M in 2022. Over the period under review, imports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Tungsten in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | N/A | 1.1 | 0% |
Top Suppliers of Tungsten to Hong Kong SAR in 2022:
- China (25.2 tons)
This report provides an in-depth analysis of the tungsten 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:
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
266
This report provides an in-depth analysis of the tungsten market in Hong Kong SAR, China.
382
This report provides an in-depth analysis of the berry market in Hong Kong SAR, China.
400
This report provides an in-depth analysis of the concrete tile market in Hong Kong SAR, China.
589
This report provides an in-depth analysis of the strawberry market in Hong Kong SAR, China.
316
This report provides an in-depth analysis of the metal pickling preparations market in Hong Kong SAR, China.
305
This report provides an in-depth analysis of the embroidery market in Hong Kong SAR, China.
464
This report provides an in-depth analysis of the market for building blocks and bricks of cement, concrete or artificial stone in Hong Kong SAR, China.
304
This report provides an in-depth analysis of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Hong Kong SAR, China.
460
This report provides an in-depth analysis of the global tungsten market.
1479
This report provides an in-depth analysis of the global tungsten market.
111
In December 2022, imports of Berry increased significantly, with a growth rate of 707% compared to the previous month. The value of berry imports also saw a remarkable surge, reaching $22 million in October 2023.
371
In June 2023, the price of Strawberry was $9,605 per ton (CIF, Hong Kong), experiencing a decrease of -6.2% compared to the previous month.
2996
Global Tungsten Market: In 2017, the volume of the global tungsten concentrates consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered in the following year and then retained steady upward
1518
In value terms, tungsten imports amounted to $X in 2016. Overall, tungsten imports continue to indicate a slight slump. Over the period under review, global tungsten imports attained its maximum le...
1485
In value terms, tungsten ores and concentrates imports totaled $X in 2016. Overall, tungsten ores and concentrates imports continue to indicate a noticeable contraction. Global tungsten ores and co...
2161
In value terms, tungsten exports stood at $X in 2016. In general, tungsten exports continue to indicate a measured deduction. Global tungsten export peaked of $X in 2011; however, from 2012 to X>
1515
In value terms, tungsten ores and concentrates exports amounted to $X in 2016. Overall, tungsten ores and concentrates exports continue to indicate a slight shrinkage. Over the period under review,...
2070
The global trade in tungsten fluctuated wildly over the period under review. A X% drop in 2009 was followed by exports doubling over the next two years, until exports decreased again, and continued to fall until 2015. 2015 saw a slight uptick in expor
322
Explore the top import markets for berries in 2022 and the opportunities they offer to exporters. The United States, China, Hong Kong SAR, Germany, Canada, Netherlands, United Kingdom, Spain, France, and Russia are leading the global berry import market. Understand key statistics and market trends to make informed business decisions and maximize success. For valuable market insights and data, utilize the IndexBox market intelligence platform.
1160
The global berry imports rose by +2.6% y-o-y to 2.9M tons, reaching $14.8B in 2020. Global imports of blueberries, cranberries, raspberries and blackberries have been rising steadily over the last decade. The U.S., Germany, China, Canada, Hong Kong SAR, the UK and the Netherlands remain the largest markets for imported berries. Spain emerged as the fastest-growing berry importer worldwide. Spain, Chile, the U.S. and Mexico constitute the largest berry exporters in the world.
