Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Bauxite Market 2024

Bauxite Market Size in Hong Kong SAR, China

The Hong Kong bauxite market soared to $X in 2022, rising by 600% against the previous year. In general, consumption, however, continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Bauxite Production in Hong Kong SAR, China

In value terms, bauxite production fell modestly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 8.4%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Bauxite Exports

Exports from Hong Kong SAR, China

Bauxite exports from Hong Kong SAR contracted sharply to X tons in 2022, declining by -26.6% against 2021. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 124% against the previous year. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, bauxite exports contracted sharply to $X in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 109%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

India (X tons) was the main destination for bauxite exports from Hong Kong SAR, accounting for a 87% share of total exports. Moreover, bauxite exports to India exceeded the volume sent to the second major destination, Brazil (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to India amounted to +58.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+7.3% per year) and Israel (+34.7% per year).

In value terms, India ($X) remains the key foreign market for bauxite exports from Hong Kong SAR, comprising 84% of total exports. The second position in the ranking was taken by Brazil ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India amounted to +57.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+10.6% per year) and Israel (+29.6% per year).

Export Prices by Country

The average bauxite export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price, however, showed a slight downturn. The growth pace was the most rapid in 2014 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.1%), while the prices for the other major destinations experienced a decline.

Bauxite Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of bauxite increased by 109% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 516% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, bauxite imports skyrocketed to $X in 2022. Overall, imports saw resilient growth. The growth pace was the most rapid in 2016 with an increase of 229% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main bauxite supplier to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.1%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +19.5%.

Import Prices by Country

The average bauxite import price stood at $X per ton in 2022, waning by -8.5% against the previous year. Overall, the import price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1.5%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bauxite in the world?

China constituted the country with the largest volume of bauxite consumption, comprising approx. 48% of total volume. Moreover, bauxite consumption in China exceeded the figures recorded by the second-largest consumer, Australia, twofold. The third position in this ranking was occupied by Brazil, with a 7.7% share.

What are the largest producers of bauxite in the world?

The countries with the highest volumes of in 2021 were Australia, Guinea and China, together comprising 68% of global production.

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

In value terms, Montenegro constituted the largest supplier of bauxite to Hong Kong SAR.

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

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

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

The average bauxite export price stood at $348 per ton in 2021, flattening at the previous year.

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

In 2021, the average bauxite import price amounted to $28 per ton, with a decrease of -13% against the previous year.

This report provides an in-depth analysis of the bauxite 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 07291300 - Aluminium ores and concentrates

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