Hong Kong SAR, China: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Hong Kong SAR, China

In 2022, the Hong Kong market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Hong Kong SAR, China

In value terms, production of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports from Hong Kong SAR, China

After two years of growth, overseas shipments of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons in 2022. In general, exports recorded a mild curtailment. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives reduced to $X in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from Hong Kong SAR, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%.

In value terms, China ($X) also remains the key foreign market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Hong Kong SAR.

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

Export Prices by Country

The average export price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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 China amounted to X% per year.

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the third year in a row after seven years of decline. Overall, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives stood at $X in 2022. In general, imports, however, recorded a deep slump. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold.

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

In value terms, the United States ($X) constituted the largest supplier of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

The average import price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price posted a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($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 more modest paces of growth.

Source: IndexBox Platform

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