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Hong Kong SAR, China - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Reclaimed Rubber Market 2024
Reclaimed Rubber Market Size in Hong Kong SAR, China
The Hong Kong reclaimed rubber market rose sharply to $X in 2023, surging by X% against the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Reclaimed rubber consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.
Reclaimed Rubber Production in Hong Kong SAR, China
In value terms, reclaimed rubber production stood at $X in 2023 estimated in export price. In general, production saw a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.
Reclaimed Rubber Exports
Exports from Hong Kong SAR, China
In 2023, shipments abroad of reclaimed rubber was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.
In value terms, reclaimed rubber exports skyrocketed to $X in 2023. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Thailand (X tons) was the main destination for reclaimed rubber exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, reclaimed rubber exports to Thailand exceeded the volume sent to the second major destination, China (X tons), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume to Thailand stood at X%.
In value terms, the largest markets for reclaimed rubber exported from Hong Kong SAR were Thailand ($X) and China ($X).
Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
The average reclaimed rubber export price stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).
Reclaimed Rubber Imports
Imports into Hong Kong SAR, China
In 2023, purchases abroad of reclaimed rubber increased by X% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, reclaimed rubber imports dropped to $X in 2023. Overall, imports, however, recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Portugal (X tons) was the main supplier of reclaimed rubber to Hong Kong SAR, accounting for a X% share of total imports. Moreover, reclaimed rubber imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume from Portugal amounted to X%.
In value terms, Portugal ($X) constituted the largest supplier of reclaimed rubber to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Portugal was relatively modest.
Import Prices by Country
In 2023, the average reclaimed rubber import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the reclaimed rubber 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 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips
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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