Price for Poly(Lactic Acid); in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR
- Exports of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR
Price for Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $1,621 per ton in 2022, rising by 31% against the previous year. In general, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 70%. Over the period under review, average import prices attained the peak figure at $4,413 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 the United States ($1,850 per ton), while the price for the UK ($733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.9%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $1,019 per ton, which is down by -12.3% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. The export price peaked at $6,014 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,030 per ton), while the average price for exports to China totaled $1,014 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.6%).
Imports of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR
In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -15.9% to 224 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, imports reached the peak of 470 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, poly(lactic acid); in primary forms imports expanded notably to $364K in 2022. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 73%. As a result, imports attained the peak of $886K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 232 | 528 | 111 | 319 | 11.2% |
| United Kingdom | 70.2 | 29.7 | 71.8 | 30.3 | -24.4% |
| Taiwan (Chinese) | 18.9 | 54.5 | N/A | 14.1 | -9.3% |
| Germany | 35.8 | N/A | 58.4 | N/A | 27.7% |
| China | 89.0 | 11.6 | 36.0 | N/A | -36.4% |
| Canada | N/A | 32.2 | N/A | N/A | 0% |
| Others | 67.3 | 230 | 52.9 | N/A | -11.3% |
| Total | 513 | 886 | 330 | 364 | -10.8% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Hong Kong SAR in 2022:
- United States (172.5 tons)
- United Kingdom (41.4 tons)
- Taiwan (Chinese) (10.5 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR
In 2022, overseas shipments of poly(lactic acid); in primary formses decreased by -14.3% to 194 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of 556 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, poly(lactic acid); in primary forms exports fell remarkably to $198K in 2022. Overall, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $818K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Poly(Lactic Acid); in Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 670 | 806 | 261 | 168 | -36.9% |
| Malaysia | 0.3 | N/A | N/A | 29.4 | 361.0% |
| Taiwan (Chinese) | 15.7 | 10.7 | N/A | N/A | -31.8% |
| Others | 8.8 | 1.4 | 2.4 | 0.7 | -57.0% |
| Total | 695 | 818 | 263 | 198 | -34.2% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Hong Kong SAR in 2022:
- China (165.4 tons)
- Malaysia (28.5 tons)
93
This report provides an in-depth analysis of the market for polyesters in primary forms in Hong Kong SAR, China.
332
This report provides an in-depth analysis of the polycarbonate market in Hong Kong SAR, China.
281
This report provides an in-depth analysis of the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in Hong Kong SAR, China.
224
This report provides an in-depth analysis of the alkyd resins market in Hong Kong SAR, China.
376
This report provides an in-depth analysis of the epoxide resin market in Hong Kong SAR, China.
248
This report provides an in-depth analysis of the polyacetals market in Hong Kong SAR, China.
273
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in Hong Kong SAR, China.
197
This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms in Hong Kong SAR, China.
106
This report provides an in-depth analysis of the global market for polyesters in primary forms.
2642
This report provides an in-depth analysis of the global polycarbonate market.
304
In May 2023, the price of Polyacetals was $2,575 per ton (FOB, Hong Kong), experiencing a decrease of -10% compared to the previous month.
214
Explore the top import markets for polyesters in primary forms and their key statistics. Find out which countries lead the global import market for polyesters and understand the factors driving their demand.
482
Discover the top import markets for polycarbonate, including China, Mexico, Germany, India, and Hong Kong SAR. Explore their import values and understand the dynamics of the global polycarbonate market.
927
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
2184
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
1039
In value terms, epoxides, epoxyalcohols, epoxyphenols and epoxyethers imports stood at $X in 2016. In general, epoxides, epoxyalcohols, epoxyphenols and epoxyethers imports continue to indicate a p...
1112
In value terms, epoxides, epoxyalcohols, epoxyphenols and epoxyethers exports amounted to $X in 2016. Overall, epoxides, epoxyalcohols, epoxyphenols and epoxyethers exports continue to indicate a m...
222
Discover the top countries by import value of polyacetals in 2023 and delve into the key statistics and market insights. Learn about the significant role these markets play in the global trade of engineering plastics.
331
Explore the top import markets for polyethylene glycol and polyether, including China, Germany, and India. Learn about the key statistics and data from the IndexBox market intelligence platform.
304
In May 2023, the price of Polyacetals was $2,575 per ton (FOB, Hong Kong), experiencing a decrease of -10% compared to the previous month.
