Hong Kong SAR, China: Market for Ceramic Pipes, Conduits, Guttering And Pipe Fittings 2025

Market Size for Ceramic Pipes, Conduits, Guttering And Pipe Fittings in Hong Kong SAR, China

The Hong Kong market for ceramic pipes, conduits, guttering and pipe fittings declined slightly to $X in 2021, with a decrease of -3.4% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Ceramic Pipes, Conduits, Guttering And Pipe Fittings in Hong Kong SAR, China

In value terms, production of ceramic pipes, conduits, guttering and pipe fittings declined dramatically to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 93% against the previous year. As a result, production reached the peak level of $X, and then dropped remarkably in the following year.

Exports of Ceramic Pipes, Conduits, Guttering And Pipe Fittings

Exports from Hong Kong SAR, China

In 2021, exports of ceramic pipes, conduits, guttering and pipe fittings from Hong Kong SAR plummeted to X tons, falling by -31.1% compared with 2020 figures. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2019 when exports increased by 114%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of ceramic pipes, conduits, guttering and pipe fittings dropped modestly to $X in 2021. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 75% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for exports of ceramic pipes, conduits, guttering and pipe fittings from Hong Kong SAR, with a 91% share of total exports. Moreover, exports of ceramic pipes, conduits, guttering and pipe fittings to China exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to China stood at -18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.8% per year) and Japan (+3.4% per year).

In value terms, China ($X) remains the key foreign market for ceramic pipes, conduits, guttering and pipe fittings exports from Hong Kong SAR, comprising 87% of total exports. The second position in the ranking was taken by Japan ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+11.7% per year) and the United States (+15.5% per year).

Export Prices by Country

The average export price for ceramic pipes, conduits, guttering and pipe fittings stood at $X per ton in 2021, picking up by 44% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 184%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States ($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 China (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ceramic Pipes, Conduits, Guttering And Pipe Fittings

Imports into Hong Kong SAR, China

In 2021, overseas purchases of ceramic pipes, conduits, guttering and pipe fittings decreased by -37.3% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 74% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of ceramic pipes, conduits, guttering and pipe fittings fell to $X in 2021. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 62% against the previous year. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of ceramic pipe, conduit, guttering and pipe fitting to Hong Kong SAR, accounting for a 76% share of total imports. Moreover, imports of ceramic pipes, conduits, guttering and pipe fittings from Malaysia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-8.8% per year) and China (-8.0% per year).

In value terms, Malaysia ($X), Germany ($X) and Belgium ($X) constituted the largest ceramic pipe, conduit, guttering and pipe fitting suppliers to Hong Kong SAR, with a combined 90% share of total imports.

Germany, with a CAGR of +10.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for ceramic pipes, conduits, guttering and pipe fittings stood at $X per ton in 2021, growing by 46% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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