Report Update Nov 1, 2024

Hong Kong SAR, China - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Lactam Market 2024

Lactam Market Size in Hong Kong SAR, China

The Hong Kong lactam market dropped significantly to $X in 2021, reducing by -16.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a sharp shrinkage. Lactam consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Lactam Exports

Exports from Hong Kong SAR, China

In 2021, approx. X tons of lactams from heterocyclic compounds were exported from Hong Kong SAR; falling by -13.9% compared with the year before. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 149% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lactam exports shrank modestly to $X in 2021. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 183% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for lactam exports from Hong Kong SAR, with a 94% share of total exports. It was followed by the Netherlands (X tons), with a 3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled -18.1%.

In value terms, China ($X) remains the key foreign market for lactams from heterocyclic compounds exports from Hong Kong SAR, comprising 71% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -14.8%.

Export Prices by Country

The average lactam export price stood at $X per ton in 2021, with an increase of 13% against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 94%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%).

Lactam Imports

Imports into Hong Kong SAR, China

In 2021, the amount of lactams from heterocyclic compounds imported into Hong Kong SAR fell to X tons, reducing by -3.4% against 2020. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2018 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, lactam imports fell rapidly to $X in 2021. In general, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2018 with an increase of 40%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), Belgium (X tons) and China (X tons) were the main suppliers of lactam imports to Hong Kong SAR, together accounting for 75% of total imports. Ukraine, Taiwan (Chinese), Singapore and the Netherlands lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +10.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) constituted the largest supplier of lactams from heterocyclic compounds to Hong Kong SAR, comprising 44% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports. It was followed by Ukraine, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from Mexico amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-51.6% per year) and Ukraine (-27.6% per year).

Import Prices by Country

The average lactam import price stood at $X per ton in 2021, declining by -22.6% against the previous year. Overall, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 64%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactams from heterocyclic compounds in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 40% share of global consumption. These countries were followed by India, Italy, Japan, Russia, Belarus, Spain, Brazil, Switzerland, Mexico and Poland, which together accounted for a further 39%.

What are the largest producers of lactams from heterocyclic compounds in the world?

The countries with the highest volumes of in 2021 were Russia, the United States and Ireland, together comprising 33% of global production. These countries were followed by Belgium, Japan, China, Germany, India, the Netherlands, Belarus, Mexico, Spain and Brazil, which together accounted for a further 50%.

What are the leading suppliers of lactams from heterocyclic compounds to Hong Kong SAR, China?

In value terms, South Korea constituted the largest supplier of lactam to Hong Kong SAR, comprising 14% of total imports. The second position in the ranking was occupied by Germany, with a 4.5% share of total imports.

What are the leading importers of lactams from heterocyclic compounds from Hong Kong SAR, China?

In value terms, China remains the key foreign market for lactam exports from Hong Kong SAR.

What is the average export price for lactams from heterocyclic compounds in Hong Kong SAR, China?

In 2021, the average lactam export price amounted to $8,427 per ton, picking up by 43% against the previous year.

What is the average import price for lactams from heterocyclic compounds in Hong Kong SAR, China?

In 2021, the average lactam import price amounted to $1,414 per ton, which is down by -27.3% against the previous year.

This report provides an in-depth analysis of the lactam 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 20145280 -

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