Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Hong Kong SAR, China

In 2021, the Hong Kong ammonium chloride market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a abrupt decrease. Ammonium chloride consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Ammonium Chloride Production in Hong Kong SAR, China

In value terms, ammonium chloride production expanded sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2016 with an increase of 53% against the previous year. Ammonium chloride production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Ammonium Chloride Exports

Exports from Hong Kong SAR, China

In 2021, after three years of growth, there was significant decline in overseas shipments of ammonium chloride, when their volume decreased by -28.3% to X tons. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 513%. The exports peaked at X tons in 2020, and then declined markedly in the following year.

In value terms, ammonium chloride exports reduced rapidly to $X in 2021. In general, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 433%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), India (X tons) and Vietnam (X tons) were the main destinations of ammonium chloride exports from Hong Kong SAR, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +40.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ammonium chloride exported from Hong Kong SAR were Malaysia ($X), Vietnam ($X) and India ($X), together accounting for 88% of total exports.

Vietnam, with a CAGR of +38.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ammonium chloride export price stood at $X per ton in 2021, falling by -6% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 110%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+274.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Chloride Imports

Imports into Hong Kong SAR, China

In 2021, imports of ammonium chloride into Hong Kong SAR contracted rapidly to X tons, with a decrease of -48.5% on 2020. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 390%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, ammonium chloride imports fell notably to $X in 2021. Overall, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2013 with an increase of 240% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of ammonium chloride to Hong Kong SAR, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +10.6%.

In value terms, China ($X) constituted the largest supplier of ammonium chloride to Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +15.0%.

Import Prices by Country

In 2021, the average ammonium chloride import price amounted to $X per ton, rising by 16% against the previous year. Overall, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 +3.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium chloride in the world?

The country with the largest volume of ammonium chloride consumption was Malaysia, accounting for 49% of total volume. Moreover, ammonium chloride consumption in Malaysia exceeded the figures recorded by the second-largest consumer, Japan, sixfold. Vietnam ranked third in terms of total consumption with a 4.4% share.

What are the largest producers of ammonium chloride in the world?

China remains the largest ammonium chloride producing country worldwide, comprising approx. 94% of total volume.

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

In value terms, China constituted the largest supplier of ammonium chloride to Hong Kong SAR.

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

In value terms, India remains the key foreign market for ammonium chloride exports from Hong Kong SAR.

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

In 2020, the average ammonium chloride export price amounted to $434 per ton, increasing by 7.9% against the previous year.

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

The average ammonium chloride import price stood at $325 per ton in 2020, dropping by -31.1% against the previous year.

This report provides an in-depth analysis of the ammonium 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 20152030 - Ammonium chloride

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023