Hong Kong SAR, China - Organic Surface Active Agents - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRemarkable Rise in Organic Surface Active Agent Imports in Hong Kong to $15M in 2023
Hong Kong Organic Surface Active Agent Imports
In 2023, after two years of decline, there was significant growth in purchases abroad of organic surface active agents, when their volume increased by 106% to 7.2K tons. In general, imports, however, recorded a abrupt shrinkage. Imports peaked at 13K tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.
In value terms, organic surface active agent imports surged to $15M (IndexBox estimates) in 2023. Over the period under review, imports, however, recorded a deep reduction. Over the period under review, imports reached the peak figure at $34M in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Organic Surface Active Agent in Hong Kong (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 8.4 | 11.9 | 9.9 | 5.7 | 5.7 | 7.6 | 7.2 | 10.5 | 10.1 | 2.6 | 6.2 |
| United States | 6.8 | 5.8 | 5.1 | 3.8 | 4.0 | 5.6 | 5.2 | 5.3 | 3.8 | 1.3 | 2.6 |
| Taiwan (Chinese) | 2.8 | 1.4 | 1.9 | 1.4 | 1.9 | 2.4 | 1.8 | 2.6 | 3.0 | 0.5 | 1.6 |
| Germany | 0.8 | 0.9 | 0.8 | 0.4 | 1.7 | 5.6 | 2.5 | 2.2 | 0.9 | 0.3 | 1.0 |
| Singapore | 1.6 | 1.7 | 1.7 | 1.2 | 0.9 | 1.8 | 0.9 | 0.8 | 1.4 | 0.5 | 0.7 |
| Australia | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.8 | 2.3 | 0.8 | 0.6 | 0.6 | 0.7 |
| Japan | 6.5 | 4.0 | 4.3 | 3.2 | 0.9 | 1.2 | 0.8 | 1.0 | 1.2 | 0.3 | 0.7 |
| Netherlands | 0.7 | 2.9 | 3.5 | 4.5 | 4.8 | 4.0 | 0.2 | 0.2 | 0.1 | N/A | 0.1 |
| Others | 4.9 | 4.6 | 2.7 | 2.0 | 1.6 | 2.3 | 1.9 | 2.2 | 1.7 | 0.7 | 1.1 |
| Total | 32.8 | 33.5 | 30.2 | 22.4 | 21.8 | 31.5 | 22.9 | 25.7 | 22.8 | 6.9 | 14.9 |
Imports by Country
In 2023, China (4.5K tons) constituted the largest organic surface active agent supplier to Hong Kong, with a 63% share of total imports. Moreover, organic surface active agent imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (1K tons), fourfold. The third position in this ranking was held by the United States (600 tons), with an 8.4% share.
From 2013 to 2023, the average annual growth rate of volume from China amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.6% per year) and the United States (-5.5% per year).
In value terms, China ($6.2M) constituted the largest supplier of organic surface active agents to Hong Kong, comprising 42% of total imports. The second position in the ranking was held by the United States ($2.6M), with an 18% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.
From 2013 to 2023, the average annual growth rate of value from China totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.1% per year) and Taiwan (Chinese) (-5.0% per year).
Imports by Type
Organic surface-active agents (excluding soap, anionic, cationic, non-ionic) (3K tons), anionic surface-active agents (excluding soap) (2.1K tons) and non-ionic surface-active agents (excluding soap) (2K tons) were the main products of organic surface active agent imports to Hong Kong, with a combined 98% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by anionic surface-active agents (excluding soap) (with a CAGR of -0.9%), while imports for the other products experienced a decline.
In value terms, non-ionic surface-active agents (excluding soap) ($5.8M), organic surface-active agents (excluding soap, anionic, cationic, non-ionic) ($5.3M) and anionic surface-active agents (excluding soap) ($3.2M) constituted the most imported types of organic surface active agents in Hong Kong, together accounting for 96% of total imports.
Import Prices by Country
In 2023, the organic surface active agent price amounted to $2,075 per ton (CIF, Hong Kong), rising by 4.8% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $3,130 per ton. From 2017 to 2023, the average import prices failed to regain momentum.
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 Germany ($10,745 per ton), while the price for India ($718 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the market for organic surface active agent 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 20412020 - Anionic surface-active agents (excluding soap)
- Prodcom 20412030 - Cationic surface-active agents (excluding soap)
- Prodcom 20412050 - Non-ionic surface-active agents (excluding soap)
- Prodcom 20412090 - Organic surface-active agents (excluding soap, anionic, c ationic, non-ionic)
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
