Hong Kong SAR, China - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOdoriferous Substance Mixture Price in Hong Kong SAR - 2023
Contents:
- Odoriferous Substance Mixture Price in Hong Kong SAR (FOB) - 2023
- Odoriferous Substance Mixture Price in Hong Kong SAR (CIF) - 2023
- Odoriferous Substance Mixture Exports in Hong Kong SAR
- Odoriferous Substance Mixture Imports in Hong Kong SAR
Odoriferous Substance Mixture Price in Hong Kong SAR (FOB) - 2023
The average odoriferous substance mixture export price stood at $20,410 per ton in September 2023, therefore, remained relatively stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in July 2023 when the average export price increased by 11% against the previous month. The export price peaked in September 2023.
Average prices varied noticeably for the major foreign markets. In September 2023, the countries with the highest prices were Indonesia ($20,529 per ton) and Vietnam ($20,523 per ton), while the average price for exports to Taiwan (Chinese) ($19,903 per ton) and Thailand ($20,370 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Odoriferous Substance Mixture Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average odoriferous substance mixture import price amounted to $22,229 per ton, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in July 2023 an increase of 11% m-o-m. The import price peaked at $22,405 per ton in August 2023, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Italy ($23,445 per ton) and Spain ($23,445 per ton), while the price for China ($21,181 per ton) and the United States ($21,740 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Odoriferous Substance Mixture Exports in Hong Kong SAR
In 2022, approx. 7.8K tons of mixtures of odoriferous substances and their preparations were exported from Hong Kong SAR; waning by -9.4% compared with 2021. Over the period under review, exports saw a pronounced contraction. The growth pace was the most rapid in 2021 when exports increased by 1.3%.
In value terms, odoriferous substance mixture exports contracted to $141M in 2022. In general, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 7.6%.
Export of Odoriferous Substance Mixture in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 99.2 | 77.3 | 82.5 | 76.5 | -8.3% |
Thailand | 12.4 | 11.2 | 12.2 | 12.5 | 0.3% |
Indonesia | 9.4 | 12.1 | 14.9 | 12.1 | 8.8% |
Malaysia | 9.7 | 11.6 | 11.5 | 11.3 | 5.2% |
Vietnam | 7.5 | 10.5 | 13.5 | 8.8 | 5.5% |
Philippines | 3.8 | 3.6 | 4.8 | 6.0 | 16.4% |
Taiwan (Chinese) | 5.8 | 4.8 | 4.8 | 5.8 | 0.0% |
Others | 14.5 | 13.2 | 10.8 | 8.2 | -17.3% |
Total | 162 | 144 | 155 | 141 | -4.5% |
Top Export Markets for Odoriferous Substance Mixture from Hong Kong SAR in 2022:
- China (4254.1 tons)
- Thailand (681.9 tons)
- Indonesia (655.9 tons)
- Malaysia (614.2 tons)
- Vietnam (477.3 tons)
- Philippines (329.0 tons)
- Taiwan (Chinese) (324.2 tons)
Odoriferous Substance Mixture Imports in Hong Kong SAR
In 2022, odoriferous substance mixture imports into Hong Kong SAR contracted to 5.2K tons, which is down by -10.3% on the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 24%.
In value terms, odoriferous substance mixture imports fell to $102M in 2022. Overall, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $118M, and then contracted in the following year.
Import of Odoriferous Substance Mixture in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 41.2 | 36.1 | 50.2 | 43.5 | 1.8% |
Singapore | 13.5 | 9.4 | 9.7 | 23.5 | 20.3% |
United States | 16.2 | 6.5 | 6.3 | 7.1 | -24.0% |
United Kingdom | 7.3 | 6.9 | 17.8 | 4.9 | -12.4% |
India | 2.6 | 2.7 | 4.1 | 4.3 | 18.3% |
France | 4.5 | 3.2 | 5.1 | 4.0 | -3.9% |
Germany | 6.8 | 6.0 | 4.7 | 3.0 | -23.9% |
Switzerland | 1.2 | 1.3 | 3.7 | 2.6 | 29.4% |
Spain | 2.7 | 2.0 | 3.5 | 2.1 | -8.0% |
Botswana | 2.1 | 1.2 | 3.8 | N/A | 34.5% |
Others | 9.2 | 11.0 | 9.2 | 7.3 | -7.4% |
Total | 108 | 86.1 | 118 | 102 | -1.9% |
Top Suppliers of Odoriferous Substance Mixture to Hong Kong SAR in 2022:
- China (2248.9 tons)
- Singapore (1219.1 tons)
- United States (353.8 tons)
- United Kingdom (241.2 tons)
- India (214.9 tons)
- France (195.4 tons)
- Germany (150.0 tons)
- Switzerland (128.6 tons)
- Spain (104.4 tons)
This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
- Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the odoriferous substance mixture market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
This report provides an in-depth analysis of the odoriferous substance mixture market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne