Report Update Apr 1, 2024

Hong Kong SAR, China - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Hong Kong SAR, China

The Hong Kong diethylene glycol and digol market dropped sharply to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of X-Oxydiethanol (Diethylene Glycol, Digol) in Hong Kong SAR, China

In value terms, diethylene glycol and digol production stood at $X in 2022 estimated in export price. In general, production continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2014 when the production volume decreased by X% against the previous year. Diethylene glycol and digol production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Hong Kong SAR, China

In 2022, the amount of X-oxydiethanol (diethylene glycol, digol) exported from Hong Kong SAR dropped markedly to X tons, with a decrease of X% on the previous year. Overall, exports saw a sharp contraction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, diethylene glycol and digol exports declined significantly to $X in 2022. In general, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for diethylene glycol and digol exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%.

In value terms, China ($X) also remains the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Hong Kong SAR, China

For the fifth consecutive year, Hong Kong SAR recorded decline in overseas purchases of X-oxydiethanol (diethylene glycol, digol), which decreased by X% to X tons in 2022. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, diethylene glycol and digol imports fell rapidly to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X tons) constituted the largest diethylene glycol and digol supplier to Hong Kong SAR, with a X% share of total imports. Moreover, diethylene glycol and digol imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Singapore (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and China (X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Taiwan (Chinese) amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and China (X% per year).

Import Prices by Country

The average diethylene glycol and digol import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price showed a slight downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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