Report Update Jan 1, 2025

Hong Kong SAR, China - Alums - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Alums Market 2025

Alums Market Size in Hong Kong SAR, China

The Hong Kong alums market skyrocketed to $X in 2022, increasing by 83% against the previous year. In general, consumption, however, showed a abrupt descent. Alums consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Alums Production in Hong Kong SAR, China

In value terms, alums production totaled $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.3% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 36%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Alums Exports

Exports from Hong Kong SAR, China

In 2022, the amount of alums exported from Hong Kong SAR dropped markedly to X kg, reducing by -97% on the year before. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2017 with an increase of 1,515%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, alums exports declined sharply to $X in 2022. Over the period under review, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1,192%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for alums exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -14.3%.

In value terms, the United States ($X) emerged as the key foreign market for alums exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at -1.5%.

Export Prices by Country

In 2022, the average alums export price amounted to $X per ton, reducing by -7.3% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +50.4% per year.

Alums Imports

Imports into Hong Kong SAR, China

For the third consecutive year, Hong Kong SAR recorded growth in supplies from abroad of alums, which increased by 49% to X tons in 2022. Over the period under review, imports, however, saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, alums imports shrank sharply to $X in 2022. Overall, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 121% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons) and Australia (X tons) were the main suppliers of alums imports to Hong Kong SAR.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +10.3%).

In value terms, the largest alums suppliers to Hong Kong SAR were Australia ($X) and China ($X).

China, with a CAGR of +6.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average alums import price stood at $X per ton in 2022, declining by -48% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 403%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, 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 Australia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alums in the world?

China remains the largest alums consuming country worldwide, accounting for 45% of total volume. Moreover, alums consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, fivefold. The Philippines ranked third in terms of total consumption with a 5% share.

What are the largest producers of alums in the world?

China remains the largest alums producing country worldwide, accounting for 59% of total volume. Moreover, alums production in China exceeded the figures recorded by the second-largest producer, Mexico, fivefold. India ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of alums to Hong Kong SAR, China?

In value terms, Australia constituted the largest supplier of alums to Hong Kong SAR.

What are the leading importers of alums from Hong Kong SAR, China?

In value terms, Cambodia emerged as the key foreign market for alums exports from Hong Kong SAR, comprising 90% of total exports. The second position in the ranking was occupied by the United States, with a 9.9% share of total exports.

What is the average export price for alums in Hong Kong SAR, China?

In 2021, the average alums export price amounted to $4,759 per ton, rising by 84% against the previous year.

What is the average import price for alums in Hong Kong SAR, China?

In 2021, the average alums import price amounted to $4,171 per ton, declining by -3% against the previous year.

This report provides an in-depth analysis of the alums 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 20134173 - Alums

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024