Report Update Nov 1, 2024

Hong Kong SAR, China - Diazo-, Azo- or Azoxy-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Azo- Or Azoxy-Compounds Market 2024

Azo- Or Azoxy-Compounds Market Size in Hong Kong SAR, China

The Hong Kong azo- or azoxy-compounds market contracted notably to $X in 2022, waning by -30% against the previous year. Over the period under review, consumption showed a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Azo- Or Azoxy-Compounds Production in Hong Kong SAR, China

In value terms, azo- or azoxy-compounds production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 298%. Azo- or azoxy-compounds production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Azo- Or Azoxy-Compounds Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of diazo-, azo- or azoxy-compounds were finally on the rise to reach X tons after two years of decline. Overall, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 149%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, azo- or azoxy-compounds exports contracted to $X in 2022. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for azo- or azoxy-compounds exports from Hong Kong SAR, with a 75% share of total exports. Moreover, azo- or azoxy-compounds exports to Vietnam exceeded the volume sent to the second major destination, Thailand (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at +64.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+62.0% per year) and China (-20.9% per year).

In value terms, China ($X), Thailand ($X) and Taiwan (Chinese) ($X) constituted the largest markets for azo- or azoxy-compounds exported from Hong Kong SAR worldwide, with a combined 91% share of total exports.

Thailand, with a CAGR of +50.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average azo- or azoxy-compounds export price stood at $X per ton in 2022, dropping by -44.3% against the previous year. In general, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Vietnam ($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 Taiwan (Chinese) (+52.4%), while the prices for the other major destinations experienced mixed trend patterns.

Azo- Or Azoxy-Compounds Imports

Imports into Hong Kong SAR, China

In 2022, approx. X tons of diazo-, azo- or azoxy-compounds were imported into Hong Kong SAR; which is down by -40.9% against 2021 figures. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by 56% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, azo- or azoxy-compounds imports dropped significantly to $X in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 9.4% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of azo- or azoxy-compounds to Hong Kong SAR, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -4.4%.

In value terms, China ($X) constituted the largest supplier of diazo-, azo- or azoxy-compounds to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -12.1%.

Import Prices by Country

In 2022, the average azo- or azoxy-compounds import price amounted to $X per ton, reducing by -3.2% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 China amounted to -8.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diazo-, azo- or azoxy-compounds in the world?

China remains the largest azo- or azoxy-compounds consuming country worldwide, comprising approx. 22% of total volume. Moreover, azo- or azoxy-compounds consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the largest producers of diazo-, azo- or azoxy-compounds in the world?

China remains the largest azo- or azoxy-compounds producing country worldwide, accounting for 58% of total volume. Moreover, azo- or azoxy-compounds production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the leading suppliers of diazo-, azo- or azoxy-compounds to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of azo- or azoxy-compounds to Hong Kong SAR.

What are the leading importers of diazo-, azo- or azoxy-compounds from Hong Kong SAR, China?

In value terms, Germany remains the key foreign market for azo- or azoxy-compounds exports from Hong Kong SAR, comprising 92% of total exports. The second position in the ranking was occupied by Malaysia, with an 8.1% share of total exports.

What is the average export price for diazo-, azo- or azoxy-compounds in Hong Kong SAR, China?

In 2021, the average azo- or azoxy-compounds export price amounted to $4,331 per ton, reducing by -13.5% against the previous year.

What is the average import price for diazo-, azo- or azoxy-compounds in Hong Kong SAR, China?

In 2021, the average azo- or azoxy-compounds import price amounted to $8,999 per ton, dropping by -10.1% against the previous year.

This report provides an in-depth analysis of the azo- or azoxy-compounds 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 20144420 - Diazo-, azo- or azoxy-compounds

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
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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
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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