Report Update Nov 1, 2024

Hong Kong SAR, China - M-Xylene and Mixed Xylene Isomers - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in Hong Kong SAR, China

The Hong Kong m-xylene and xylenes market stood at $X in 2022, increasing by 7.9% against the previous year. Overall, consumption recorded a abrupt decline. X-xylene and xylenes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

M-Xylene And Xylenes Production in Hong Kong SAR, China

In value terms, m-xylene and xylenes production rose notably to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 29%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

M-Xylene And Xylenes Exports

Exports from Hong Kong SAR, China

After five years of decline, overseas shipments of m-xylene and mixed xylene isomers increased by 45% to X tons in 2022. Over the period under review, exports, however, faced a sharp shrinkage. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, m-xylene and xylenes exports contracted markedly to $X in 2022. In general, exports, however, continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 16%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Macao SAR (X tons) was the main destination for m-xylene and xylenes exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Macao SAR stood at -10.9%.

In value terms, Macao SAR ($X) emerged as the key foreign market for m-xylene and mixed xylene isomers exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR totaled -11.4%.

Export Prices by Country

The average m-xylene and xylenes export price stood at $X per ton in 2022, shrinking by -84.8% against the previous year. In general, the export price, however, saw a mild increase. The pace of growth was the most pronounced in 2021 an increase of 104% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +45.6% per year.

M-Xylene And Xylenes Imports

Imports into Hong Kong SAR, China

For the third year in a row, Hong Kong SAR recorded growth in overseas purchases of m-xylene and mixed xylene isomers, which increased by 25% to X tons in 2022. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 299% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, m-xylene and xylenes imports surged to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 116%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of m-xylene and xylenes to Hong Kong SAR, accounting for a 57% share of total imports. Moreover, m-xylene and xylenes imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Malaysia (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea stood at +118.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.7% per year) and Malaysia (+57.4% per year).

In value terms, South Korea ($X) constituted the largest supplier of m-xylene and mixed xylene isomers to Hong Kong SAR, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Malaysia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea totaled +96.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.8% per year) and Malaysia (+109.9% per year).

Import Prices by Country

In 2022, the average m-xylene and xylenes import price amounted to $X per ton, increasing by 38% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+33.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, Belgium and the United States, with a combined 40% share of global consumption. These countries were followed by India, Portugal, Japan, Canada, Germany, Indonesia, Slovakia, Russia, Brazil and the UK, which together accounted for a further 38%.

What are the largest producers of m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 42% share of global production. These countries were followed by India, Portugal, South Korea, Iran, Germany, Slovakia, Russia, the UK, Brazil and Algeria, which together accounted for a further 42%.

What are the leading suppliers of m-xylene and mixed xylene isomers to Hong Kong SAR, China?

In value terms, the largest m-xylene and xylenes suppliers to Hong Kong SAR were Singapore, South Korea and Malaysia, together accounting for 89% of total imports.

What are the leading importers of m-xylene and mixed xylene isomers from Hong Kong SAR, China?

In value terms, China remains the key foreign market for m-xylene and xylenes exports from Hong Kong SAR, comprising 84% of total exports. The second position in the ranking was occupied by Macao SAR, with a 16% share of total exports.

What is the average export price for m-xylene and mixed xylene isomers in Hong Kong SAR, China?

The average m-xylene and xylenes export price stood at $3,405 per ton in 2021, picking up by 2.7% against the previous year.

What is the average import price for m-xylene and mixed xylene isomers in Hong Kong SAR, China?

The average m-xylene and xylenes import price stood at $954 per ton in 2021, jumping by 28% against the previous year.

This report provides an in-depth analysis of the m-xylene and xylenes 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 20141247 - m-Xylene and mixed xylene isomers

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:

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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
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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