Hong Kong SAR, China: Dental Hygiene Preparations Market 2024

Dental Hygiene Preparations Market Size in Hong Kong SAR, China

In 2023, the Hong Kong dental hygiene preparations market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a slight decrease. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market failed to regain momentum.

Dental Hygiene Preparations Exports

Exports from Hong Kong SAR, China

In 2023, overseas shipments of preparations for oral or dental hygiene were finally on the rise to reach X tons after four years of decline. Overall, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.

In value terms, dental hygiene preparations exports reduced markedly to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for dental hygiene preparations exports from Hong Kong SAR, with a X% share of total exports. Moreover, dental hygiene preparations exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), twofold. The third position in this ranking was taken by Macao SAR (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Macao SAR (X% per year).

In value terms, China ($X) remains the key foreign market for preparations for oral or dental hygiene exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Macao SAR, with a X% share.

From 2012 to 2023, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Macao SAR (X% per year).

Export Prices by Country

The average dental hygiene preparations export price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Hygiene Preparations Imports

Imports into Hong Kong SAR, China

In 2023, imports of preparations for oral or dental hygiene into Hong Kong SAR reduced modestly to X tons, shrinking by X% on the year before. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, dental hygiene preparations imports reduced to $X in 2023. Overall, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Japan (X tons) were the main suppliers of dental hygiene preparations imports to Hong Kong SAR, together comprising X% of total imports. Mexico, Taiwan (Chinese), Germany, Colombia and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dental hygiene preparations suppliers to Hong Kong SAR were China ($X), Thailand ($X) and the United States ($X), with a combined X% share of total imports. Japan, Taiwan (Chinese), Mexico, Colombia and Germany lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average dental hygiene preparations import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform