Report Update Apr 1, 2024

Hong Kong SAR, China - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Silver Nitrate Market 2024

Silver Nitrate Market Size in Hong Kong SAR, China

The Hong Kong silver nitrate market declined markedly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a sharp slump. Silver nitrate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Silver Nitrate Exports

Exports from Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in shipments abroad of silver nitrate, when their volume decreased by X% to X kg. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X kg in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, silver nitrate exports dropped dramatically to $X in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for silver nitrate exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore amounted to X%.

In value terms, Singapore ($X) also remains the key foreign market for silver nitrate exports from Hong Kong SAR.

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

Export Prices by Country

The average silver nitrate export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained 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 Singapore.

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

Silver Nitrate Imports

Imports into Hong Kong SAR, China

Silver nitrate imports into Hong Kong SAR dropped rapidly to X kg in 2022, reducing by X% compared with the previous year. In general, imports recorded a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, silver nitrate imports shrank sharply to $X in 2022. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X kg) was the main silver nitrate supplier to Hong Kong SAR, with a X% share of total imports. It was followed by China (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to X%.

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

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

Import Prices by Country

In 2022, the average silver nitrate import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, posted a pronounced increase. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then contracted notably in the following year.

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 UK stood at $X per ton.

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

Frequently Asked Questions (FAQ) :

What are the largest markets for silver nitrate in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, Canada and Belgium, together comprising 43% of global consumption. France, the UK, Italy, Suriname, Poland, Singapore, India, Germany, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of silver nitrate in the world?

The countries with the highest volumes of production in 2022 were the Netherlands, France and the UK, together comprising 58% of global production.

What are the leading suppliers of silver nitrate to Hong Kong SAR, China?

In value terms, the UK constituted the largest supplier of silver nitrate to Hong Kong SAR, comprising 95% of total imports. The second position in the ranking was held by China, with a 5.1% share of total imports.

What are the leading importers of silver nitrate from Hong Kong SAR, China?

In value terms, Singapore remains the key foreign market for silver nitrate exports from Hong Kong SAR.

What is the average export price for silver nitrate in Hong Kong SAR, China?

In 2022, the average silver nitrate export price amounted to $485,550 per ton, waning by -13.7% against the previous year.

What is the average import price for silver nitrate in Hong Kong SAR, China?

In 2022, the average silver nitrate import price amounted to $259,387 per ton, waning by -37.7% against the previous year.

This report provides an in-depth analysis of the silver nitrate 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 20135183 - Silver nitrate

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