Hong Kong SAR, China - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Abs Copolymers Market 2024
Abs Copolymers Market Size in Hong Kong SAR, China
The Hong Kong ABS copolymers market fell to $X in 2021, stabilizing at the previous year. Overall, consumption saw a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Abs Copolymers Production in Hong Kong SAR, China
In value terms, ABS copolymers production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 323%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.
Abs Copolymers Exports
Exports from Hong Kong SAR, China
In 2021, approx. X tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were exported from Hong Kong SAR; falling by -11.7% compared with the year before. Over the period under review, exports recorded a perceptible curtailment. The growth pace was the most rapid in 2014 when exports increased by 18% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, ABS copolymers exports surged to $X in 2021. In general, exports continue to indicate a pronounced reduction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
China (X tons) was the main destination for ABS copolymers exports from Hong Kong SAR, accounting for a approx. 98% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to China totaled -5.0%.
In value terms, China ($X) also remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Hong Kong SAR.
From 2012 to 2021, the average annual growth rate of value to China amounted to -4.6%.
Export Prices by Country
In 2021, the average ABS copolymers export price amounted to $X per ton, jumping by 38% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to +0.4% per year.
Abs Copolymers Imports
Imports into Hong Kong SAR, China
For the fourth year in a row, Hong Kong SAR recorded decline in purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, which decreased by -13.9% to X tons in 2021. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 2.9%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, ABS copolymers imports soared to $X in 2021. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 31%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Taiwan (Chinese) (X tons) constituted the largest ABS copolymers supplier to Hong Kong SAR, with a 62% share of total imports. Moreover, ABS copolymers imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a 6.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-8.0% per year) and Malaysia (-6.7% per year).
In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Hong Kong SAR, comprising 62% of total imports. The second position in the ranking was held by South Korea ($X), with a 23% share of total imports. It was followed by Malaysia, with a 6.5% share.
From 2012 to 2021, the average annual growth rate of value from Taiwan (Chinese) amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-6.8% per year) and Malaysia (-5.6% per year).
Import Prices by Country
In 2021, the average ABS copolymers import price amounted to $X per ton, jumping by 47% against the previous year. In general, the import price recorded a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Japan ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in 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 2012–2023
- 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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