Hong Kong SAR, China: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Hong Kong SAR, China

In 2022, the Hong Kong dicalcium phosphate market increased by X% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption, however, saw a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Dicalcium Phosphate Production in Hong Kong SAR, China

In value terms, dicalcium phosphate production reached $X in 2022 estimated in export price. Over the period under review, production saw a perceptible curtailment. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Dicalcium phosphate production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Dicalcium Phosphate Exports

Exports from Hong Kong SAR, China

After three years of decline, overseas shipments of calcium hydrogenorthophosphate (dicalcium phosphate) increased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, dicalcium phosphate exports expanded rapidly to $X in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons) was the main destination for dicalcium phosphate exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, dicalcium phosphate exports to Bangladesh exceeded the volume sent to the second major destination, the Philippines (X kg), sevenfold. Malaysia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Malaysia (X% per year).

In value terms, Bangladesh ($X) remains the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the average dicalcium phosphate export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced a decline.

Dicalcium Phosphate Imports

Imports into Hong Kong SAR, China

In 2022, overseas purchases of calcium hydrogenorthophosphate (dicalcium phosphate) increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, dicalcium phosphate imports surged to $X in 2022. Over the period under review, imports posted buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest dicalcium phosphate supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, dicalcium phosphate imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold.

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

In value terms, China ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average dicalcium phosphate import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($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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