Hong Kong SAR, China - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong Titanium Dioxide Pigment Prices Reach $6,744 per Ton
Hong Kong SAR, China Titanium Dioxide Pigments Import Price in January 2023
In January 2023, the titanium dioxide pigments price stood at $6,744 per ton (CIF, Hong Kong SAR, China), with an increase of 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs in January 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($46,940 per ton), while the price for Taiwan (Chinese) ($4,612 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD Per Kg | |||||||||||||
| Taiwan (Chinese) | 4.3 | 4.2 | 4.2 | 4.3 | 4.4 | 4.6 | 4.6 | N/A | N/A | 4.6 | N/A | N/A | 4.6 |
| Mexico | 3.9 | 3.9 | 4.1 | 4.2 | 4.1 | 4.3 | 4.5 | 4.5 | 4.5 | N/A | 4.5 | 4.6 | N/A |
| United States | 21.1 | 27.2 | 6.2 | 15.0 | N/A | 21.7 | 46.4 | 28.9 | 74.3 | 12.8 | 50.0 | 22.4 | 12.8 |
| Vietnam | N/A | 4.1 | N/A | 4.3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Germany | 45.4 | 13.6 | 20.9 | 34.7 | 35.3 | 52.7 | 12.8 | 22.8 | 67.7 | 67.3 | 12.0 | 22.6 | 46.9 |
| China | 14.0 | 9.6 | 16.0 | 6.2 | 44.5 | 5.6 | 14.5 | 19.3 | 14.2 | 20.7 | 11.5 | 8.8 | 6.9 |
| Average | 5.0 | 4.3 | 5.4 | 4.6 | 4.4 | 4.9 | 4.6 | 5.5 | 6.6 | 5.1 | 4.8 | 5.7 | 6.7 |
Hong Kong SAR, China Titanium Dioxide Pigments Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was pigments and preparations based on titanium dioxide (excluding those containing more than 80 % by weight of titanium dioxide) ($21,556 per ton), while the price for pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide amounted to $5,605 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by titanium dioxide pigments containing more than 80 % by weight of titanium dioxide (+2.8%).
Hong Kong SAR, China Titanium Dioxide Pigments Imports
In January 2023, overseas purchases of titanium dioxide pigments and colouring preparations were finally on the rise to reach 38 tons for the first time since October 2022, thus ending a two-month declining trend. Overall, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in October 2022 when imports increased by 192% m-o-m. Imports peaked at 227 tons in June 2022; however, from July 2022 to January 2023, imports remained at a lower figure.
In value terms, titanium dioxide pigments imports skyrocketed to $259K (IndexBox estimates) in January 2023. In general, imports, however, showed a deep reduction. The growth pace was the most rapid in October 2022 when imports increased by 127% month-to-month. Imports peaked at 1.1K tons in June 2022; however, from July 2022 to January 2023, imports failed to regain momentum.
Hong Kong SAR, China Titanium Dioxide Pigments Imports by Type
In January 2023, pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide (36 tons) was the main type of titanium dioxide pigments supplied to Hong Kong SAR, accounting for a 93% share of total imports. Moreover, pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide exceeded the figures recorded for the second-largest type, pigments and preparations based on titanium dioxide (excluding those containing more than 80 % by weight of titanium dioxide) (2.7 tons), more than tenfold.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide amounted to -8.3%.
In value terms, pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide ($200K) constituted the largest type of titanium dioxide pigments supplied to Hong Kong SAR, comprising 77% of total imports. The second position in the ranking was taken by pigments and preparations based on titanium dioxide (excluding those containing more than 80 % by weight of titanium dioxide) ($59K), with a 23% share of total imports.
Hong Kong SAR, China Titanium Dioxide Pigments Imports by Country
Taiwan (Chinese) (20 tons), China (16 tons) and the United States (2 tons) were the main suppliers of titanium dioxide pigments imports to Hong Kong SAR, together accounting for 98% of total imports.
From January 2022 to January 2023, the biggest increases were in the United States (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest titanium dioxide pigments suppliers to Hong Kong SAR were China ($107K), Taiwan (Chinese) ($92K) and Germany ($33K), together accounting for 90% of total imports.
Among the main suppliers, Taiwan (Chinese), with a CAGR of +23.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
- Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)
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
