Hong Kong SAR, China: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Hong Kong SAR, China

In 2021, the Hong Kong chemical contraceptive preparations market decreased by -43.9% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2020, and then fell significantly in the following year.

Chemical Contraceptive Preparations Exports

Exports from Hong Kong SAR, China

In 2021, the amount of chemical contraceptive preparations based on hormones or spermicides exported from Hong Kong SAR dropped sharply to X tons, which is down by -22% against 2020 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 153%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, chemical contraceptive preparations exports reduced notably to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 152% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Macao SAR (X tons) was the main destination for chemical contraceptive preparations exports from Hong Kong SAR, with a 99% share of total exports. It was followed by Japan (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Macao SAR was relatively modest.

In value terms, Macao SAR ($X) emerged as the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Hong Kong SAR, comprising 99% of total exports. The second position in the ranking was taken by Japan ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Macao SAR was relatively modest.

Export Prices by Country

In 2021, the average chemical contraceptive preparations export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 3.2%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to Japan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+0.8%).

Chemical Contraceptive Preparations Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of chemical contraceptive preparations based on hormones or spermicides decreased by -40% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 with an increase of 64% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced dramatically in the following year.

In value terms, chemical contraceptive preparations imports plummeted to $X in 2021. Over the period under review, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2017 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then shrank dramatically in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest chemical contraceptive preparations supplier to Hong Kong SAR, with a 89% share of total imports. Moreover, chemical contraceptive preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-19.9% per year) and Indonesia (+7.0% per year).

In value terms, Germany ($X) constituted the largest supplier of chemical contraceptive preparations based on hormones or spermicides to Hong Kong SAR, comprising 90% of total imports. The second position in the ranking was held by Ireland ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-19.7% per year) and Indonesia (+5.8% per year).

Import Prices by Country

In 2021, the average chemical contraceptive preparations import price amounted to $X per ton, dropping by -5.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Indonesia ($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 (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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