Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Hong Kong SAR, China

The Hong Kong benzoyl peroxide and chloride market declined significantly to $X in 2022, which is down by -71.4% against the previous year. Overall, consumption continues to indicate a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Benzoyl Peroxide And Benzoyl Chloride in Hong Kong SAR, China

In value terms, benzoyl peroxide and chloride production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 11% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Hong Kong SAR, China

In 2022, overseas shipments of benzoyl peroxide and benzoyl chloride increased by 4,330% to X tons, rising for the third year in a row after three years of decline. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 40,887%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, benzoyl peroxide and chloride exports skyrocketed to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 49,921%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for benzoyl peroxide and chloride exports from Hong Kong SAR, with a 74% share of total exports. Moreover, benzoyl peroxide and chloride exports to Malaysia exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) emerged as the key foreign market for benzoyl peroxide and benzoyl chloride exports from Hong Kong SAR, comprising 78% of total exports. The second position in the ranking was taken by China ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

In 2022, the average benzoyl peroxide and chloride export price amounted to $X per ton, rising by 9.1% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.7%).

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Hong Kong SAR, China

In 2022, the amount of benzoyl peroxide and benzoyl chloride imported into Hong Kong SAR skyrocketed to X tons, increasing by 1,416% compared with the year before. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. In general, imports recorded a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 894% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, South Korea (X tons) was the main supplier of benzoyl peroxide and chloride to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea was relatively modest.

In value terms, South Korea ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea was relatively modest.

Import Prices by Country

The average benzoyl peroxide and chloride import price stood at $X per ton in 2022, falling by -75.6% against the previous year. In general, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 99.9% against the previous year. The import price peaked at $X per ton in 2021, and then declined sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +13.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for benzoyl peroxide and benzoyl chloride in the world?

The countries with the highest volumes of benzoyl peroxide and chloride consumption in 2021 were the United States, China and Germany, with a combined 37% share of global consumption. South Korea, Turkey, the UK, Japan, Taiwan Chinese), Mexico, the Netherlands, Brazil, Canada and France lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of benzoyl peroxide and benzoyl chloride in the world?

The country with the largest volume of benzoyl peroxide and chloride production was Germany, accounting for 54% of total volume. Moreover, benzoyl peroxide and chloride production in Germany exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Belgium, with an 11% share.

What are the leading suppliers of benzoyl peroxide and benzoyl chloride to Hong Kong SAR, China?

In value terms, the largest benzoyl peroxide and chloride suppliers to Hong Kong SAR were Italy, the UK and Germany, with a combined 81% share of total imports.

What are the leading importers of benzoyl peroxide and benzoyl chloride from Hong Kong SAR, China?

In value terms, China remains the key foreign market for benzoyl peroxide and chloride exports from Hong Kong SAR, comprising 34% of total exports. The second position in the ranking was occupied by the United States, with a 9.8% share of total exports.

What is the average export price for benzoyl peroxide and benzoyl chloride in Hong Kong SAR, China?

The average benzoyl peroxide and chloride export price stood at $9,489 per ton in 2021, rising by 6.9% against the previous year.

What is the average import price for benzoyl peroxide and benzoyl chloride in Hong Kong SAR, China?

In 2021, the average benzoyl peroxide and chloride import price amounted to $4,811 per ton, with an increase of 3.4% against the previous year.

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl 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
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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