Hong Kong SAR, China: Copper Powder Market 2025

Copper Powder Market Size in Hong Kong SAR, China

The Hong Kong copper powder market soared to $X in 2021, picking up by 935% against the previous year. Over the period under review, consumption showed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Copper Powder Production in Hong Kong SAR, China

In value terms, copper powder production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 211% against the previous year. Copper powder production peaked at $X in 2020, and then declined rapidly in the following year.

Copper Powder Exports

Exports from Hong Kong SAR, China

In 2021, after two years of growth, there was significant decline in shipments abroad of copper powders and flakes, when their volume decreased by -82.8% to X tons. In general, exports, however, posted measured growth. The pace of growth was the most pronounced in 2019 with an increase of 494%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then shrank dramatically in the following year.

In value terms, copper powder exports fell sharply to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 325%. Over the period under review, the exports hit record highs at $X in 2020, and then reduced markedly in the following year.

Exports by Country

China (X tons) was the main destination for copper powder exports from Hong Kong SAR, accounting for a 93% share of total exports. Moreover, copper powder exports to China exceeded the volume sent to the second major destination, Singapore (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and South Korea (0.0% per year).

In value terms, China ($X) remains the key foreign market for copper powders and flakes exports from Hong Kong SAR, comprising 96% of total exports. The second position in the ranking was held by Singapore ($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 was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and South Korea (0.0% per year).

Export Prices by Country

The average copper powder export price stood at $X per ton in 2021, rising by 6% against the previous year. Overall, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 22%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to South Korea ($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 (-3.3%).

Copper Powder Imports

Imports into Hong Kong SAR, China

Copper powder imports into Hong Kong SAR surged to X tons in 2021, increasing by 41% on 2020. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.6% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 47%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, copper powder imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of copper powder imports to Hong Kong SAR, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +71.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of copper powders and flakes to Hong Kong SAR, comprising 55% of total imports. The second position in the ranking was held by Japan ($X), with a 21% share of total imports. It was followed by Malaysia, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-5.2% per year) and Malaysia (+16.5% per year).

Import Prices by Country

The average copper powder import price stood at $X per ton in 2021, reducing by -12.2% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :