Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Degras Market 2024

Degras Market Size in Hong Kong SAR, China

After two years of growth, the Hong Kong degras market decreased by -13.6% to $X in 2021. Overall, consumption recorded a slight contraction. Degras consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Degras Production in Hong Kong SAR, China

In value terms, degras production contracted rapidly to $X in 2021 estimated in export price. In general, production saw a slight descent. The pace of growth was the most pronounced in 2020 with an increase of 56%. Degras production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Degras Exports

Exports from Hong Kong SAR, China

In 2021, approx. X kg of degras were exported from Hong Kong SAR; remaining stable against 2020. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2015 when exports increased by 2,750% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, degras exports stood at $X in 2021. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 924% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X kg) was the main destination for degras exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Lebanon was relatively modest.

From 2013 to 2021, the average annual growth rate of value to Lebanon was relatively modest.

Export Prices by Country

In 2021, the average degras export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -4.8%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2013 to 2021, the rate of growth in terms of prices for Indonesia amounted to -40.1% per year.

Degras Imports

Imports into Hong Kong SAR, China

After two years of growth, purchases abroad of degras decreased by -53.6% to X tons in 2021. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 233%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, degras imports contracted rapidly to $X in 2021. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 408%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X kg) constituted the largest supplier of degras to Hong Kong SAR, with a 53% share of total imports. Moreover, degras imports from Indonesia exceeded the figures recorded by the second-largest supplier, the UK (X kg), fivefold. Spain (X kg) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia amounted to -22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+15.8% per year) and Spain (-47.3% per year).

In value terms, the UK ($X), Indonesia ($X) and the Netherlands ($X) appeared to be the largest degras suppliers to Hong Kong SAR, with a combined 69% share of total imports.

The Netherlands, with a CAGR of +10,709.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average degras import price amounted to $X per ton, surging by 31% against the previous year. In general, the import price posted significant growth. The most prominent rate of growth was recorded in 2017 an increase of 155% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for degras in the world?

The country with the largest volume of degras consumption was China, accounting for 15% of total volume. Moreover, degras consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of degras in the world?

China remains the largest degras producing country worldwide, accounting for 15% of total volume. Moreover, degras production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.3% share.

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

In value terms, the largest degras suppliers to Hong Kong SAR were the UK, Indonesia and Spain, with a combined 89% share of total imports.

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

The average degras export price stood at $443 per ton in 2019, approximately reflecting the previous year.

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

The average degras import price stood at $1,555 per ton in 2020, waning by -2% against the previous year.

This report provides an in-depth analysis of the degras 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 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes

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