Hong Kong SAR, China - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLysine Price in Hong Kong SAR - 2023
Contents:
- Lysine Price in Hong Kong SAR (CIF) - 2022
- Lysine Price in Hong Kong SAR (FOB) - 2022
- Lysine Imports in Hong Kong SAR
- Lysine Exports in Hong Kong SAR
Lysine Price in Hong Kong SAR (CIF) - 2022
The average lysine import price stood at $2,257 per ton in 2022, surging by 25% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lysine import price increased by +41.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $3,349 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,765 per ton), while the price for Malaysia ($1,576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Lysine Price in Hong Kong SAR (FOB) - 2022
The average lysine export price stood at $1,278 per ton in 2022, declining by -13.3% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 137% against the previous year. As a result, the export price reached the peak level of $2,865 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,535 per ton), while the average price for exports to India ($990 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 Norway (+3.4%), while the prices for the other major destinations experienced a decline.
Lysine Imports in Hong Kong SAR
In 2022, the amount of lysine and its esters, and salts thereof imported into Hong Kong SAR shrank to 102 tons, declining by -11.9% compared with the previous year's figure. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of 116 tons, and then fell in the following year.
In value terms, lysine imports rose rapidly to $230K in 2022. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 128%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Lysine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 87.8 | 73.0 | 105 | 155 | 20.9% |
Malaysia | 15.8 | 15.4 | 36.6 | 47.5 | 44.3% |
China | 2.1 | 2.8 | 66.5 | 27.5 | 135.7% |
Others | 34.7 | N/A | N/A | N/A | 0% |
Total | 140 | 91.2 | 208 | 230 | 18.0% |
Top Suppliers of Lysine to Hong Kong SAR in 2022:
- United States (56.0 tons)
- Malaysia (30.1 tons)
- China (15.7 tons)
Lysine Exports in Hong Kong SAR
After three years of growth, overseas shipments of lysine and its esters, and salts thereof decreased by -27.8% to 2.5K tons in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 174%. As a result, the exports attained the peak of 3.5K tons, and then dropped markedly in the following year.
In value terms, lysine exports fell dramatically to $3.2M in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 296% against the previous year. As a result, the exports reached the peak of $5.2M, and then declined dramatically in the following year.
Export of Lysine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 0.1 | 133 | 455 | 1,232 | 2209.6% |
Hungary | 0.2 | N/A | 422 | 717 | 1430.5% |
India | 172 | 240 | 67.7 | 366 | 28.6% |
Norway | 138 | 93.0 | N/A | 251 | 22.1% |
Greece | 128 | 114 | 143 | 129 | 0.3% |
Germany | N/A | N/A | 499 | 88.8 | -82.2% |
Australia | N/A | 63.6 | 2,616 | 58.6 | -4.0% |
Netherlands | N/A | N/A | 223 | 8.9 | -96.0% |
Israel | N/A | 350 | 44.0 | 5.8 | -87.1% |
Others | 520 | 315 | 712 | 387 | -9.4% |
Total | 958 | 1,308 | 5,181 | 3,245 | 50.2% |
Top Export Markets for Lysine from Hong Kong SAR in 2022:
- Canada (914.9 tons)
- Hungary (530.0 tons)
- India (370.1 tons)
- Norway (212.5 tons)
- Greece (104.5 tons)
- Germany (57.8 tons)
- Australia (56.7 tons)
- Netherlands (11.9 tons)
- Israel (4.5 tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof
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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The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.
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