Report Update Nov 1, 2024

Hong Kong SAR, China - Natural and Modified Natural Polymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Natural Polymers Market 2024

Natural Polymers Market Size in Hong Kong SAR, China

The Hong Kong natural polymers market skyrocketed to $X in 2021, picking up by 45% against the previous year. Over the period under review, consumption, however, showed a slight contraction. Natural polymers consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Natural Polymers Production in Hong Kong SAR, China

In value terms, natural polymers production dropped to $X in 2021 estimated in export price. In general, production saw a mild setback. The growth pace was the most rapid in 2013 with an increase of 38%. Natural polymers production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Natural Polymers Exports

Exports from Hong Kong SAR, China

Natural polymers exports from Hong Kong SAR declined sharply to X tons in 2021, falling by -71.5% against the previous year's figure. In general, exports recorded a mild downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 389%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, natural polymers exports declined rapidly to $X in 2021. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 290%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for natural polymers exports from Hong Kong SAR, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China totaled +1.8%.

In value terms, China ($X) also remains the key foreign market for natural and modified natural polymers in primary forms exports from Hong Kong SAR.

From 2012 to 2021, the average annual growth rate of value to China amounted to -6.3%.

Export Prices by Country

In 2021, the average natural polymers export price amounted to $X per ton, surging by 32% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2013 an increase of 79% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -8.0% per year.

Natural Polymers Imports

Imports into Hong Kong SAR, China

Natural polymers imports into Hong Kong SAR soared to X tons in 2021, rising by 108% on 2020 figures. Over the period under review, imports enjoyed a modest increase. The most prominent rate of growth was recorded in 2019 when imports increased by 643%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, natural polymers imports skyrocketed to $X in 2021. Overall, imports posted a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 340% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest natural polymers supplier to Hong Kong SAR, accounting for a 62% share of total imports. Moreover, natural polymers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Canada (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.2% per year) and Canada (+90.7% per year).

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Hong Kong SAR, comprising 57% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Canada, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.7% per year) and Canada (+42.0% per year).

Import Prices by Country

The average natural polymers import price stood at $X per ton in 2021, declining by -43.4% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 133% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 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 Japan ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural and modified natural polymers in primary forms in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 42% share of global consumption.

What are the largest producers of natural and modified natural polymers in primary forms in the world?

The country with the largest volume of natural polymers production was China, accounting for 32% of total volume. Moreover, natural polymers production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of natural and modified natural polymers in primary forms to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of natural polymers to Hong Kong SAR, comprising 57% of total imports. The second position in the ranking was occupied by the United States, with a 16% share of total imports. It was followed by Germany, with a 13% share.

What are the leading importers of natural and modified natural polymers in primary forms from Hong Kong SAR, China?

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

What is the average export price for natural and modified natural polymers in primary forms in Hong Kong SAR, China?

In 2021, the average natural polymers export price amounted to $8,037 per ton, rising by 33% against the previous year.

What is the average import price for natural and modified natural polymers in primary forms in Hong Kong SAR, China?

The average natural polymers import price stood at $14,279 per ton in 2021, shrinking by -20.4% against the previous year.

This report provides an in-depth analysis of the natural polymers 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 20165960 - Natural and modified natural polymers, in primary forms (including alginic acid, hardened proteins, chemical derivatives of natural rubber)

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
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