Hong Kong SAR, China - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyolefins Other than Polypropylene in Hong Kong SAR - 2023
Contents:
- Price for Polyolefins Other than Polypropylene in Hong Kong SAR (FOB) - 2023
- Price for Polyolefins Other than Polypropylene in Hong Kong SAR (CIF) - 2023
- Exports of Polyolefins Other than Polypropylene in Hong Kong SAR
- Imports of Polyolefins Other than Polypropylene in Hong Kong SAR
Price for Polyolefins Other than Polypropylene in Hong Kong SAR (FOB) - 2023
The average polyolefins other than polypropylene export price stood at $1,212 per ton in November 2023, waning by -7.3% against the previous month. Overall, the export price showed a mild decrease. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 18% m-o-m. As a result, the export price attained the peak level of $1,560 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,253 per ton), while the average price for exports to Thailand stood at $640 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-0.0%).
Price for Polyolefins Other than Polypropylene in Hong Kong SAR (CIF) - 2023
The average polyolefins other than polypropylene import price stood at $1,904 per ton in November 2023, jumping by 18% against the previous month. Overall, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 49% m-o-m. The import price peaked at $2,411 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($21,346 per ton), while the price for Malaysia ($1,059 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyolefins Other than Polypropylene in Hong Kong SAR
In 2022, overseas shipments of polyolefins other than polypropylene decreased by -38.1% to 35K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports attained the peak of 59K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, polyolefins other than polypropylene exports reduced notably to $54M in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $91M, and then contracted dramatically in the following year.
Export of Polyolefins Other than Polypropylene in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 72.3 | 76.9 | 87.4 | 52.4 | -10.2% |
Others | 1.7 | 0.9 | 3.9 | 1.7 | 0.0% |
Total | 74.0 | 77.8 | 91.3 | 54.1 | -9.9% |
Top Export Markets for Polyolefins Other than Polypropylene from Hong Kong SAR in 2022:
- China (33.9K tons)
Imports of Polyolefins Other than Polypropylene in Hong Kong SAR
In 2022, polyolefins other than polypropylene imports into Hong Kong SAR reduced notably to 23K tons, shrinking by -43.4% compared with the previous year. Over the period under review, imports continue to indicate a dramatic setback. The smallest decline of -10.9% was in 2020.
In value terms, polyolefins other than polypropylene imports shrank rapidly to $45M in 2022. In general, imports saw a deep setback. The smallest decline of -1.5% was in 2021.
Import of Polyolefins Other than Polypropylene in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 18.8 | 20.2 | 21.4 | 16.0 | -5.2% |
United States | 7.2 | 6.7 | 7.8 | 8.3 | 4.9% |
China | 25.2 | 24.2 | 19.5 | 6.4 | -36.7% |
Italy | 1.0 | 0.7 | 1.2 | 2.4 | 33.9% |
South Korea | 1.5 | 2.9 | 5.8 | 2.1 | 11.9% |
Singapore | 7.7 | 4.5 | 3.6 | 2.0 | -36.2% |
Malaysia | 7.1 | 2.6 | 0.6 | 0.6 | -56.1% |
Saudi Arabia | 6.7 | 3.5 | 2.5 | 0.5 | -57.9% |
Others | 8.8 | 8.4 | 10.1 | 6.5 | -9.6% |
Total | 84.1 | 73.7 | 72.5 | 44.7 | -19.0% |
Top Suppliers of Polyolefins Other than Polypropylene to Hong Kong SAR in 2022:
- Taiwan (Chinese) (12.0K tons)
- China (4.0K tons)
- South Korea (1.5K tons)
- United States (1.1K tons)
- Italy (0.9K tons)
- Singapore (0.8K tons)
- Malaysia (0.5K tons)
- Saudi Arabia (0.4K tons)
This report provides an in-depth analysis of the market for polyolefins other than polypropylene 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 20165150 - Polymers of propylene or of other olefins, in primary forms (excluding polypropylene)
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
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for polypropylene in primary forms in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for polypropylene in primary forms in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...