Hong Kong SAR, China - Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong Sees Slight Decline in Polyvinyl Chloride Imports, Down to $17M in 2024
Hong Kong Polyvinyl Chloride Imports
In 2024, polyvinyl chloride imports into Hong Kong contracted to 15K tons, falling by -7.4% against the previous year's figure. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by 16% against the previous year. Imports peaked at 86K tons in 2014; however, from 2015 to 2024, imports stood at a somewhat lower figure.
In value terms, polyvinyl chloride imports shrank to $17M (IndexBox estimates) in 2024. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, imports hit record highs at $122M in 2014; however, from 2015 to 2024, imports failed to regain momentum.
| COUNTRY | Import Value of Polyvinyl Chloride in Hong Kong (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| China | 24.4 | 19.3 | 17.2 | 20.0 | 19.1 | 19.2 | 16.4 | 25.6 | 12.7 | 3.9 | 4.3 |
| Japan | 47.7 | 38.3 | 33.1 | 29.2 | 26.8 | 17.9 | 15.2 | 24.4 | 12.1 | 3.3 | 4.1 |
| Taiwan (Chinese) | 12.4 | 8.9 | 7.4 | 4.5 | 4.7 | 3.7 | 4.0 | 7.7 | 11.8 | 2.1 | 2.2 |
| South Korea | 12.7 | 9.7 | 9.1 | 9.5 | 8.6 | 6.5 | 4.4 | 6.1 | 3.7 | 1.6 | 1.2 |
| United States | 3.0 | 4.4 | 3.2 | 4.7 | 5.8 | 6.2 | 3.4 | 2.1 | 3.5 | 3.3 | 1.1 |
| Indonesia | 1.3 | 1.4 | 1.4 | 2.7 | 9.6 | 5.1 | 1.4 | 1.0 | 0.6 | 2.7 | 0.9 |
| United Kingdom | 6.1 | 4.5 | 3.9 | 6.4 | 10.2 | 8.1 | 3.2 | 1.3 | 0.3 | 1.5 | 0.5 |
| Others | 14.2 | 10.1 | 8.6 | 9.1 | 9.7 | 7.7 | 7.0 | 7.8 | 3.5 | 0.6 | 3.1 |
| Total | 122 | 96.6 | 84.1 | 86.0 | 94.6 | 74.3 | 55.1 | 76.1 | 48.2 | 19.0 | 17.4 |
Imports by Country
Japan (3.5K tons), China (3.4K tons) and Taiwan (Chinese) (2.1K tons) were the main suppliers of polyvinyl chloride imports to Hong Kong, with a combined 61% share of total imports. Indonesia, South Korea, the United States and the UK lagged somewhat behind, together comprising a further 22%.
From 2014 to 2024, the biggest increases were recorded for Indonesia (with a CAGR of +5.6%), while purchases for the other leaders experienced a decline.
In value terms, China ($4.3M), Japan ($4.1M) and Taiwan (Chinese) ($2.2M) appeared to be the largest polyvinyl chloride suppliers to Hong Kong, together comprising 61% of total imports. South Korea, the United States, Indonesia and the UK lagged somewhat behind, together comprising a further 21%.
Among the main suppliers, Indonesia, with a CAGR of -3.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2024, the polyvinyl chloride price stood at $1,176 per ton, therefore (CIF, Hong Kong), remained relatively stable against the previous year. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in 2021 an increase of 29%. As a result, import price reached the peak level of $1,602 per ton. From 2022 to 2024, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,873 per ton), while the price for Indonesia ($806 per ton) was amongst the lowest.
From 2014 to 2024, the most notable rate of growth in terms of prices was attained by Japan (-0.2%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the polyvinyl chloride 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 20163010 - Polyvinyl chloride, not mixed with any other substances, in primary forms
- Prodcom 20163023 - Non-plasticised polyvinyl chloride mixed with any other substance, in primary forms
- Prodcom 20163025 - Plasticised polyvinyl chloride mixed with any other substance, i n primary forms
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
