Hong Kong SAR, China - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in Hong Kong SAR - 2023
Contents:
- Potassium Hydroxide Price in Hong Kong SAR (CIF) - 2022
- Potassium Hydroxide Price in Hong Kong SAR (FOB) - 2022
- Potassium Hydroxide Imports in Hong Kong SAR
- Potassium Hydroxide Exports in Hong Kong SAR
Potassium Hydroxide Price in Hong Kong SAR (CIF) - 2022
In 2022, the average potassium hydroxide import price amounted to $1,937 per ton, growing by 33% against the previous year. In general, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. The import price peaked at $3,073 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,396 per ton), while the price for China ($1,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Hydroxide Price in Hong Kong SAR (FOB) - 2022
In 2022, the average potassium hydroxide export price amounted to $1,742 per ton, surging by 16% against the previous year. In general, the export price, however, faced a abrupt decrease. The export price peaked at $6,773 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($10,946 per ton), while the average price for exports to Taiwan (Chinese) stood at $1,696 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Hydroxide Imports in Hong Kong SAR
In 2022, approx. 666 tons of potassium hydroxide (caustic potash) were imported into Hong Kong SAR; with a decrease of -32.1% compared with the previous year. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year.
In value terms, potassium hydroxide imports shrank to $1.3M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of $1.4M, and then declined in the following year.
Import of Potassium Hydroxide in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 874 | 572 | 531 | 900 | 1.0% |
Germany | 12.1 | 330 | 502 | 279 | 184.6% |
Japan | 227 | 219 | 350 | 74.8 | -30.9% |
China | 102 | 8.0 | 9.4 | 26.0 | -36.6% |
Belgium | 24.3 | 78.2 | N/A | N/A | 221.8% |
Others | 2.3 | 35.9 | 37.7 | 10.3 | 64.8% |
Total | 1,242 | 1,243 | 1,431 | 1,291 | 1.3% |
Top Suppliers of Potassium Hydroxide to Hong Kong SAR in 2022:
- South Korea (560.0 tons)
- Japan (52.2 tons)
- Germany (33.3 tons)
- China (20.0 tons)
Potassium Hydroxide Exports in Hong Kong SAR
In 2022, the amount of potassium hydroxide (caustic potash) exported from Hong Kong SAR declined sharply to 52 tons, shrinking by -83.9% against 2021 figures. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 103%. As a result, the exports attained the peak of 325 tons, and then shrank dramatically in the following year.
In value terms, potassium hydroxide exports shrank dramatically to $91K in 2022. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 108% against the previous year. As a result, the exports attained the peak of $489K, and then declined rapidly in the following year.
Export of Potassium Hydroxide in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 292 | 174 | 483 | 88.5 | -32.8% |
Iran | 76.4 | 51.5 | N/A | N/A | -32.6% |
Others | 7.8 | 9.9 | 5.4 | 2.8 | -28.9% |
Total | 376 | 235 | 489 | 91.3 | -37.6% |
Top Export Markets for Potassium Hydroxide from Hong Kong SAR in 2022:
- Taiwan (Chinese) (52.1 tons)
This report provides an in-depth analysis of the potassium 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 20132530 - Potassium hydroxide (caustic potash)
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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