Hong Kong SAR, China - Disinfectants - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDisinfectant Price in Hong Kong SAR - 2023
Contents:
- Disinfectant Price in Hong Kong SAR (CIF) - 2023
- Disinfectant Price in Hong Kong SAR (FOB) - 2022
- Disinfectant Imports in Hong Kong SAR
- Disinfectant Exports in Hong Kong SAR
Disinfectant Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average disinfectant import price amounted to $2,293 per ton, reducing by -33.9% against the previous month. Overall, the import price recorded a noticeable reduction. The growth pace was the most rapid in January 2023 when the average import price increased by 57% m-o-m. The import price peaked at $3,471 per ton in May 2023, and then fell significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Australia ($7,624 per ton), while the price for the United States ($1,429 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Australia (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Disinfectant Price in Hong Kong SAR (FOB) - 2022
The average disinfectant export price stood at $7,353 per ton in 2022, growing by 70% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, disinfectant export price increased by +132.7% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($17,378 per ton), while the average price for exports to Japan ($4,223 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 Vietnam (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Disinfectant Imports in Hong Kong SAR
In 2022, overseas purchases of disinfectants decreased by -39.6% to 21K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 552% against the previous year. As a result, imports reached the peak of 97K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, disinfectant imports dropped dramatically to $54M in 2022. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 746% against the previous year. As a result, imports reached the peak of $343M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Disinfectant in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.7 | 79.7 | 24.0 | 29.4 | 50.1% |
Australia | 0.3 | 2.2 | 2.3 | 5.1 | 157.1% |
United Kingdom | 2.2 | 6.0 | 4.3 | 3.6 | 17.8% |
South Korea | 0.1 | 19.2 | 0.8 | 1.9 | 166.8% |
United States | 1.4 | 7.2 | 3.3 | 1.5 | 2.3% |
Taiwan (Chinese) | 0.2 | 3.0 | 0.8 | 1.4 | 91.3% |
Malaysia | 0.1 | 1.6 | 0.3 | 1.0 | 115.4% |
Others | 27.5 | 224 | 61.1 | 10.6 | -27.2% |
Total | 40.5 | 343 | 97.1 | 54.5 | 10.4% |
Top Suppliers of Disinfectant to Hong Kong SAR in 2022:
- China (15.0K tons)
- Australia (2.0K tons)
- United Kingdom (0.7K tons)
- South Korea (0.6K tons)
- Malaysia (0.4K tons)
- United States (0.3K tons)
- Taiwan (Chinese) (0.3K tons)
Disinfectant Exports in Hong Kong SAR
In 2022, shipments abroad of disinfectants decreased by -80.9% to 2.1K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 1,099%. As a result, the exports reached the peak of 39K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, disinfectant exports fell notably to $16M in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,207% against the previous year. As a result, the exports reached the peak of $164M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Disinfectant in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 6.6 | 10.5 | 10.0 | 115.4% |
Macao SAR | 2.6 | 5.1 | 3.4 | 3.7 | 12.5% |
Vietnam | 0.9 | 0.9 | 1.1 | 0.9 | 0.0% |
Taiwan (Chinese) | 0.2 | 0.6 | 0.8 | 0.5 | 35.7% |
Japan | 0.1 | 22.5 | 1.4 | 0.2 | 26.0% |
Singapore | N/A | 3.0 | 0.1 | 0.1 | -81.7% |
Thailand | N/A | 1.2 | 0.3 | N/A | -75.0% |
Australia | N/A | 5.3 | N/A | N/A | 0% |
Qatar | N/A | 5.1 | 1.0 | N/A | -80.4% |
Others | 7.7 | 114 | 29.3 | 0.2 | -70.4% |
Total | 12.6 | 164 | 47.9 | 15.6 | 7.4% |
Top Export Markets for Disinfectant from Hong Kong SAR in 2022:
- China (1154.4 tons)
- Macao SAR (743.6 tons)
- Vietnam (49.8 tons)
- Taiwan (Chinese) (49.6 tons)
- Japan (42.8 tons)
- Singapore (31.7 tons)
- Thailand (2.8 tons)
- Qatar (1.3 tons)
- Australia (0.2 tons)
This report provides an in-depth analysis of the disinfectant 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 20201430 - Disinfectants based on quaternary ammonium salts put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201450 - Disinfectants based on halogenated compounds put up in forms or packings for retail sale or as preparations
- Prodcom 20201490 - Disinfectants put up in forms or packings for retail sale or as preparations or articles (excluding those based on quaternary ammonium salts, those based on halogenated compounds)
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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