Hong Kong SAR, China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in Hong Kong SAR - 2023
Contents:
- Plastic Support Price in Hong Kong SAR (CIF) - 2023
- Plastic Support Price in Hong Kong SAR (FOB) - 2023
- Plastic Support Imports in Hong Kong SAR
- Plastic Support Exports in Hong Kong SAR
Plastic Support Price in Hong Kong SAR (CIF) - 2023
The average plastic support import price stood at $7,691 per ton in September 2023, picking up by 1.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 4.3% against the previous month. The import price peaked in September 2023.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Taiwan (Chinese) ($7,987 per ton) and the United States ($7,983 per ton), while the price for Singapore ($6,389 per ton) and Germany ($7,273 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 China (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Support Price in Hong Kong SAR (FOB) - 2023
The average plastic support export price stood at $6,818 per ton in September 2023, standing approximately at the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 4.3% month-to-month. Over the period under review, the average export prices hit record highs at $6,849 per ton in August 2023, and then dropped in the following month.
Average prices varied noticeably for the major overseas markets. In September 2023, the highest price was recorded for prices to Malta ($6,987 per ton) and South Korea ($6,987 per ton), while the average price for exports to Indonesia ($6,031 per ton) and Japan ($6,283 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 India (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Support Imports in Hong Kong SAR
In 2022, approx. 5.8K tons of spools, cops and similar supports of plastics were imported into Hong Kong SAR; reducing by -41% on the previous year. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 7.3%. As a result, imports reached the peak of 9.9K tons, and then dropped notably in the following year.
In value terms, plastic support imports fell significantly to $43M in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $65M, and then declined remarkably in the following year.
| Import of Plastic Support in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.6 | 40.4 | 46.5 | 27.1 | -12.6% |
| Taiwan (Chinese) | 3.8 | 3.5 | 4.3 | 3.8 | 0.0% |
| Japan | 3.3 | 2.7 | 4.9 | 3.4 | 1.0% |
| United States | 1.9 | 1.7 | 1.6 | 1.9 | 0.0% |
| Germany | 2.1 | 1.3 | 1.4 | 1.8 | -5.0% |
| Malaysia | 0.6 | 1.0 | 0.8 | 0.9 | 14.5% |
| Thailand | 0.8 | 0.4 | 0.5 | 0.7 | -4.4% |
| Singapore | 1.6 | 2.0 | 2.2 | 0.5 | -32.1% |
| South Korea | 1.0 | 1.7 | 0.6 | 0.5 | -20.6% |
| Others | 2.2 | 1.5 | 2.3 | 1.8 | -6.5% |
| Total | 57.8 | 56.1 | 65.0 | 42.5 | -9.7% |
Top Suppliers of Plastic Support to Hong Kong SAR in 2022:
- China (3723.9 tons)
- Taiwan (Chinese) (516.4 tons)
- Japan (469.8 tons)
- United States (253.5 tons)
- Germany (251.0 tons)
- Malaysia (130.5 tons)
- Thailand (100.8 tons)
- Singapore (75.1 tons)
- South Korea (73.7 tons)
Plastic Support Exports in Hong Kong SAR
In 2022, exports of spools, cops and similar supports of plastics from Hong Kong SAR declined dramatically to 5.9K tons, waning by -37% against the previous year's figure. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 14%.
In value terms, plastic support exports reduced markedly to $38M in 2022. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports reached the peak of $58M, and then fell notably in the following year.
| Export of Plastic Support in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.1 | 2.5 | 6.6 | 8.8 | 41.6% |
| China | 12.2 | 11.9 | 14.7 | 8.5 | -11.3% |
| United States | 14.8 | 10.7 | 11.8 | 7.9 | -18.9% |
| Japan | 1.6 | 2.9 | 4.0 | 2.5 | 16.0% |
| United Kingdom | 0.6 | 1.4 | 1.8 | 1.5 | 35.7% |
| Indonesia | 0.6 | 0.6 | 0.8 | 1.3 | 29.4% |
| France | 14.2 | 9.1 | 7.1 | 1.1 | -57.4% |
| Spain | 0.2 | 0.5 | 1.3 | 0.9 | 65.1% |
| Canada | 0.3 | 0.4 | 0.3 | 0.6 | 26.0% |
| Italy | 2.4 | 0.8 | 0.5 | 0.6 | -37.0% |
| Others | 6.2 | 5.2 | 9.1 | 4.1 | -12.9% |
| Total | 56.2 | 46.0 | 57.9 | 37.7 | -12.5% |
Top Export Markets for Plastic Support from Hong Kong SAR in 2022:
- Vietnam (1345.3 tons)
- China (1323.8 tons)
- United States (1206.4 tons)
- Japan (412.3 tons)
- United Kingdom (223.5 tons)
- Indonesia (217.0 tons)
- France (169.2 tons)
- Spain (137.0 tons)
- Italy (95.0 tons)
- Canada (89.7 tons)
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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
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