Hong Kong SAR, China - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Hydroxide Price in Hong Kong SAR - 2023
Contents:
- Aluminium Hydroxide Price in Hong Kong SAR (CIF) - 2022
- Aluminium Hydroxide Price in Hong Kong SAR (FOB) - 2022
- Aluminium Hydroxide Imports in Hong Kong SAR
- Aluminium Hydroxide Exports in Hong Kong SAR
Aluminium Hydroxide Price in Hong Kong SAR (CIF) - 2022
The average aluminium hydroxide import price stood at $4,074 per ton in 2022, picking up by 8.2% against the previous year. Overall, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2019 an increase of 59%. As a result, import price attained the peak level of $5,177 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,964 per ton), while the price for Belgium ($676 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Hydroxide Price in Hong Kong SAR (FOB) - 2022
The average aluminium hydroxide export price stood at $4,880 per ton in 2022, increasing by 75% against the previous year. Over the period under review, the export price showed resilient growth. The export price peaked at $5,275 per ton in 2019; however, from 2020 to 2022, the 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 +5.3% per year.
Aluminium Hydroxide Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium hydroxide, when their volume decreased by -34.5% to 265 tons. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 53%.
In value terms, aluminium hydroxide imports dropped significantly to $1.1M in 2022. In general, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year.
| Import of Aluminium Hydroxide in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 839 | 1,024 | 1,345 | 913 | 2.9% |
| Germany | 18.1 | 40.2 | 84.1 | 57.5 | 47.0% |
| South Korea | 45.7 | 54.1 | 15.3 | 41.4 | -3.2% |
| Belgium | N/A | N/A | 45.6 | 33.7 | -26.1% |
| Taiwan (Chinese) | 15.0 | 13.0 | 27.5 | 18.7 | 7.6% |
| United States | 22.9 | 256 | 2.0 | 14.6 | -13.9% |
| Others | N/A | N/A | 3.0 | N/A | 0% |
| Total | 941 | 1,387 | 1,522 | 1,079 | 4.7% |
Top Suppliers of Aluminium Hydroxide to Hong Kong SAR in 2022:
- Japan (176.2 tons)
- Belgium (49.9 tons)
- South Korea (24.1 tons)
- Taiwan (Chinese) (8.4 tons)
- Germany (3.8 tons)
- United States (2.5 tons)
Aluminium Hydroxide Exports in Hong Kong SAR
In 2022, overseas shipments of aluminium hydroxide decreased by -72.9% to 79 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, the exports reached the peak of 291 tons, and then declined dramatically in the following year.
In value terms, aluminium hydroxide exports contracted dramatically to $385K in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $813K, and then dropped remarkably in the following year.
| Export of Aluminium Hydroxide in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 474 | 565 | 813 | 385 | -6.7% |
| Others | N/A | 4.6 | N/A | N/A | 0% |
| Total | 474 | 570 | 813 | 385 | -6.7% |
Top Export Markets for Aluminium Hydroxide from Hong Kong SAR in 2022:
- China (78.9 tons)
This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide
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
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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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