Hong Kong SAR, China: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Hong Kong SAR, China

The Hong Kong heterocyclic compound market contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Heterocyclic Compound Production in Hong Kong SAR, China

In value terms, heterocyclic compound production fell slightly to $X in 2022 estimated in export price. In general, production showed a noticeable decline. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Heterocyclic Compound Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of heterocyclic compounds increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, continue to indicate a dramatic descent. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, heterocyclic compound exports soared to $X in 2022. Overall, exports, however, saw a sharp decrease. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan (X tons) was the main destination for heterocyclic compound exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, heterocyclic compound exports to Pakistan exceeded the volume sent to the second major destination, China (X tons), fourfold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Pakistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and France (X% per year).

In value terms, the largest markets for heterocyclic compound exported from Hong Kong SAR were France ($X), the United States ($X) and India ($X), together comprising X% of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, recorded 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 heterocyclic compound export price amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X,627 per ton), while the average price for exports to Pakistan ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of heterocyclic compounds increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, heterocyclic compound imports surged to $X in 2022. Overall, imports, however, recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of heterocyclic compound to Hong Kong SAR, with a X% share of total imports. Moreover, heterocyclic compound imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of heterocyclic compounds to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average heterocyclic compound import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a sharp downturn. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :