Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Construction Sands Market 2024

Construction Sands Market Size in Hong Kong SAR, China

In 2022, the Hong Kong construction sands market decreased by -38.9% to $X, falling for the third year in a row after three years of growth. In general, consumption saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Construction Sands Exports

Exports from Hong Kong SAR, China

In 2022, construction sands exports from Hong Kong SAR soared to X tons, jumping by 358% compared with the previous year's figure. Over the period under review, exports, however, saw a noticeable slump. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports soared to $X in 2022. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons), Sweden (X tons) and Italy (X tons) were the main destinations of construction sands exports from Hong Kong SAR, together accounting for 22% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +286.2%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Sweden ($X) and Georgia ($X) were the largest markets for construction sands exported from Hong Kong SAR worldwide, with a combined 41% share of total exports.

Among the main countries of destination, India, with a CAGR of +742.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, rising by 17% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 an increase of 56% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($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 India (+118.3%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Hong Kong SAR, China

For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of construction sands, which decreased by -42.8% to X tons in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 642% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, construction sands imports shrank dramatically to $X in 2022. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 444% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of construction sands to Hong Kong SAR, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -9.7%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -2.3%.

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, increasing by 10% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 84%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Malaysia amounted to +389.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for construction sands in the world?

China remains the largest construction sands consuming country worldwide, accounting for 18% of total volume. Moreover, construction sands consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the largest producers of construction sands in the world?

China constituted the country with the largest volume of construction sands production, accounting for 18% of total volume. Moreover, construction sands production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.4% share.

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

In value terms, China constituted the largest supplier of construction sands to Hong Kong SAR.

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

In value terms, the Philippines emerged as the key foreign market for construction sands exports from Hong Kong SAR, comprising 58% of total exports. The second position in the ranking was occupied by the UK, with a 22% share of total exports.

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

In 2021, the average construction sands export price amounted to $49 per ton, picking up by 8.9% against the previous year.

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

In 2021, the average construction sands import price amounted to $21 per ton, shrinking by -82.6% against the previous year.

This report provides an in-depth analysis of the construction sands 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 08121190 - Construction sands such as clayey sands, kaolinic sands, f eldspathic sands (excluding silica sands, metal bearing sands)

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