Hong Kong SAR, China: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2025

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Hong Kong SAR, China

The Hong Kong cyclanic, cyclenic hydrocarbons derivatives market skyrocketed to $X in 2022, with an increase of 5,509% against the previous year. Over the period under review, consumption, however, recorded a sharp downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Hong Kong SAR, China

In value terms, cyclanic, cyclenic hydrocarbons derivatives production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by 7.2% against the previous year. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Hong Kong SAR, China

In 2022, overseas shipments of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by -97.8% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, showed moderate growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,513% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports declined to $X in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2019 when exports increased by 1,345%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Hong Kong SAR, with a 64% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to Singapore exceeded the volume sent to the second major destination, South Korea (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to -24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-37.8% per year) and the Netherlands (-54.0% per year).

In value terms, Singapore ($X) remains the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Hong Kong SAR, comprising 62% of total exports. The second position in the ranking was held by South Korea ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +142.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+96.3% per year) and the Netherlands (+38.4% per year).

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, with an increase of 3,962% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to the Netherlands ($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 Singapore (+220.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Hong Kong SAR, China

In 2022, the amount of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons imported into Hong Kong SAR skyrocketed to X tons, increasing by 868% on 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of cyclanic, cyclenic hydrocarbons derivatives to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +56.3%.

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +50.1%.

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, dropping by -4% against the previous year. Over the period under review, the import price faced a sharp downturn. The growth pace was the most rapid in 2015 when the average import price increased by 489% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 -4.0% per year.

Source: IndexBox Platform

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