Hong Kong SAR, China - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in Hong Kong SAR - 2023
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (FOB) - 2023
- Price for Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (CIF) - 2022
- Exports of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR
- Imports of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR
Price for Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (FOB) - 2023
In August 2023, the average industrial monocarboxylic fatty acids export price amounted to $639 per ton, which is down by -6.9% against the previous month. Overall, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices attained the maximum at $863 per ton in September 2022; however, from October 2022 to August 2023, 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 August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -1.9% per month.
Price for Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (CIF) - 2022
The average industrial monocarboxylic fatty acids import price stood at $1,088 per ton in 2022, dropping by -15.3% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $5,808 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,759 per ton), while the price for India totaled $1,056 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.2%).
Exports of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR
Industrial monocarboxylic fatty acids exports from Hong Kong SAR contracted rapidly to 4.9K tons in 2022, dropping by -21.1% against 2021 figures. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 296%. As a result, the exports reached the peak of 6.2K tons, and then declined notably in the following year.
In value terms, industrial monocarboxylic fatty acids exports fell modestly to $4.5M in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 424% against the previous year. As a result, the exports reached the peak of $4.7M, and then declined in the following year.
Export of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 0.9 | 4.7 | 4.5 | 47.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.5 | 0.9 | 4.7 | 4.5 | 44.2% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from Hong Kong SAR in 2022:
- China (4.9K tons)
Imports of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR
In 2022, the amount of industrial monocarboxylic fatty acids imported into Hong Kong SAR soared to 2.9K tons, growing by 860% compared with 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, industrial monocarboxylic fatty acids imports soared to $3.2M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Industrial Monocarboxylic Fatty Acids in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 2,964 | 0% |
Malaysia | 252 | 229 | 342 | 228 | -3.3% |
Others | 25.0 | 24.1 | 51.5 | 4.8 | -42.3% |
Total | 277 | 254 | 393 | 3,197 | 126.0% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to Hong Kong SAR in 2022:
- India (2807.0 tons)
- Malaysia (129.9 tons)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
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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