Hong Kong SAR, China - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Alloys Price in Hong Kong SAR - 2023

Contents:

  1. Zinc Alloys Price in Hong Kong SAR (FOB) - 2023
  2. Zinc Alloys Price in Hong Kong SAR (CIF) - 2023
  3. Zinc Alloys Exports in Hong Kong SAR
  4. Zinc Alloys Imports in Hong Kong SAR

Zinc Alloys Price in Hong Kong SAR (FOB) - 2023

The average zinc alloys export price stood at $2,853 per ton in August 2023, surging by 4.3% against the previous month. In general, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 5.4% month-to-month. As a result, the export price attained the peak level of $3,620 per ton. From October 2022 to August 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In August 2023, the countries with the highest prices were Taiwan (Chinese) ($2,902 per ton) and Cambodia ($2,882 per ton), while the average price for exports to Bangladesh ($2,741 per ton) and Thailand ($2,753 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-1.1%), while the prices for the other major destinations experienced a decline.

Zinc Alloys Price in Hong Kong SAR (CIF) - 2023

In August 2023, the average zinc alloys import price amounted to $2,603 per ton, almost unchanged from the previous month. Overall, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in June 2023 an increase of 8.8% against the previous month. The import price peaked at $3,745 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($2,681 per ton), while the price for Japan totaled $2,445 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Australia (-1.1%), while the prices for the other major suppliers experienced a decline.

Zinc Alloys Exports in Hong Kong SAR

In 2022, approx. 23K tons of unwrought zinc alloys were exported from Hong Kong SAR; waning by -58.5% on 2021 figures. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 7% against the previous year.

In value terms, zinc alloys exports contracted sharply to $83M in 2022. Over the period under review, exports recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of 28%.

Export of Zinc Alloys in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14310913449.3-29.9%
Taiwan (Chinese)3.42.33.312.453.9%
Vietnam11.56.69.07.8-12.1%
Bangladesh2.51.23.06.033.9%
Thailand4.53.35.93.7-6.3%
Philippines0.70.41.61.426.0%
Malaysia1.21.62.21.45.3%
Others0.30.10.80.838.7%
Total16712516082.8-20.9%

Top Export Markets for Zinc Alloys from Hong Kong SAR in 2022:

  1. China (14.0K tons)
  2. Taiwan (Chinese) (3.4K tons)
  3. Vietnam (2.0K tons)
  4. Bangladesh (1.5K tons)
  5. Thailand (1.0K tons)
  6. Philippines (0.4K tons)
  7. Malaysia (0.4K tons)

Zinc Alloys Imports in Hong Kong SAR

In 2022, approx. 16K tons of unwrought zinc alloys were imported into Hong Kong SAR; with a decrease of -71.4% against 2021 figures. Overall, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 37%.

In value terms, zinc alloys imports dropped dramatically to $54M in 2022. Over the period under review, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. As a result, imports reached the peak of $155M, and then declined sharply in the following year.

Import of Zinc Alloys in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea79.740.294.028.6-28.9%
Japan25.416.124.418.2-10.5%
Australia42.234.235.25.9-48.1%
Taiwan (Chinese)0.20.1N/A1.176.5%
Others3.41.71.80.3-55.5%
Total15192.415554.1-29.0%

Top Suppliers of Zinc Alloys to Hong Kong SAR in 2022:

  1. South Korea (7.6K tons)
  2. Japan (5.1K tons)
  3. Australia (2.2K tons)
  4. Taiwan (Chinese) (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc alloys 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 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Unwrought Zinc Alloys - Hong Kong SAR