Report Update Nov 1, 2024

Hong Kong SAR, China - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Hong Kong SAR, China

The Hong Kong rolled bitumen articles market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, showed a slight reduction. Rolled bitumen articles consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from Hong Kong SAR, China

In 2021, the amount of articles of bitumen in rolls exported from Hong Kong SAR skyrocketed to X square meters, surging by 621% against the previous year's figure. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rolled bitumen articles exports soared to $X in 2021. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Macao SAR (X square meters) was the main destination for rolled bitumen articles exports from Hong Kong SAR, with a 98% share of total exports. It was followed by Canada (X square meters), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Macao SAR stood at +12.0%.

In value terms, Macao SAR ($X) remains the key foreign market for articles of bitumen in rolls exports from Hong Kong SAR, comprising 100% of total exports. The second position in the ranking was taken by Canada ($X), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Macao SAR amounted to +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and China (-53.3% per year).

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2021, growing by 25% against the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 106%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per square meter), while the average price for exports to Canada ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+8.8%).

Rolled Bitumen Articles Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of articles of bitumen in rolls was finally on the rise to reach X square meters after two years of decline. In general, imports showed a relatively flat trend pattern. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, rolled bitumen articles imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X square meters), Spain (X square meters) and China (X square meters) were the main suppliers of rolled bitumen articles imports to Hong Kong SAR, with a combined 86% share of total imports. Egypt, Singapore, the United Arab Emirates and the UK lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +52.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Italy ($X) constituted the largest rolled bitumen articles suppliers to Hong Kong SAR, with a combined 83% share of total imports. These countries were followed by Egypt, Singapore, the UK and the United Arab Emirates, which together accounted for a further 10%.

In terms of the main suppliers, Singapore, with a CAGR of +39.1%, 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.

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2021, rising by 14% against the previous year. In general, the import price, however, showed a slight decrease. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles consumption in 2021 were China, the United States and Japan, together comprising 58% of global consumption. These countries were followed by Russia, Mexico, South Korea, Saudi Arabia, Iran, Germany, Egypt, Turkey, Canada and France, which together accounted for a further 24%.

What are the largest producers of articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles production in 2021 were China, the United States and Russia, together accounting for 58% of global production. Japan, Mexico, Saudi Arabia, Germany, Canada, South Korea, Iran, Italy, France and Turkey lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of articles of bitumen in rolls to Hong Kong SAR, China?

In value terms, Spain, China and Italy were the largest rolled bitumen articles suppliers to Hong Kong SAR, together comprising 83% of total imports. Egypt and Singapore lagged somewhat behind, together comprising a further 9.9%.

What are the leading importers of articles of bitumen in rolls from Hong Kong SAR, China?

In value terms, Macao SAR remains the key foreign market for rolled bitumen articles exports from Hong Kong SAR, comprising 100% of total exports. The second position in the ranking was occupied by Canada $85), with a 0.4% share of total exports.

What is the average export price for articles of bitumen in rolls in Hong Kong SAR, China?

In 2021, the average rolled bitumen articles export price amounted to $12 per square meter, with a decrease of -7.9% against the previous year.

What is the average import price for articles of bitumen in rolls in Hong Kong SAR, China?

The average rolled bitumen articles import price stood at $4 per square meter in 2021, picking up by 8.7% against the previous year.

This report provides an in-depth analysis of the rolled bitumen articles 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

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