Report Update Nov 1, 2024

Hong Kong SAR, China - Natural Stone Setts, Kerbstones and Flagstones - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Hong Kong SAR, China

In 2022, the Hong Kong natural stone sett market was finally on the rise to reach $X after three years of decline. In general, consumption posted significant growth. Natural stone sett consumption peaked in 2022 and is expected to retain growth in years to come.

Natural Stone Sett Exports

Exports from Hong Kong SAR, China

In 2022, approx. X kg of natural stone setts, kerbstones and flagstones were exported from Hong Kong SAR; with a decrease of -98.9% against the year before. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 12,357%. The exports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, natural stone sett exports reduced dramatically to $X in 2022. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,190% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell dramatically in the following year.

Exports by Country

The United States (X kg) was the main destination for natural stone sett exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +36.1%.

In value terms, the United States ($X) emerged as the key foreign market for natural stone setts, kerbstones and flagstones exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +39.1%.

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, surging by 483% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 829% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.2% per year.

Natural Stone Sett Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of natural stone setts, kerbstones and flagstones was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 24,412%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, natural stone sett imports soared to $X in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 19,840%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) was the main natural stone sett supplier to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +51.9%.

In value terms, China ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +67.5%.

Import Prices by Country

The average natural stone sett import price stood at $X per ton in 2022, with a decrease of -9.8% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The growth pace was the most rapid in 2013 an increase of 1,933% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 +10.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural stone setts, kerbstones and flagstones in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 33% share of global consumption. India, Indonesia, Brazil, Vietnam, Mexico, Turkey, the Philippines, South Korea, Pakistan and Qatar lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of natural stone setts, kerbstones and flagstones in the world?

China remains the largest natural stone sett producing country worldwide, accounting for 20% of total volume. Moreover, natural stone sett production in China exceeded the figures recorded by the second-largest producer, Pakistan, twofold. The third position in this ranking was occupied by the United States, with a 9.1% share.

What are the leading suppliers of natural stone setts, kerbstones and flagstones to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of natural stone sett to Hong Kong SAR.

What are the leading importers of natural stone setts, kerbstones and flagstones from Hong Kong SAR, China?

In value terms, the largest markets for natural stone sett exported from Hong Kong SAR were Denmark, Germany and the Netherlands, with a combined 100% share of total exports.

What is the average export price for natural stone setts, kerbstones and flagstones in Hong Kong SAR, China?

In 2021, the average natural stone sett export price amounted to $665 per ton, which is down by -93.2% against the previous year.

What is the average import price for natural stone setts, kerbstones and flagstones in Hong Kong SAR, China?

In 2021, the average natural stone sett import price amounted to $78 per ton, waning by -26.8% against the previous year.

This report provides an in-depth analysis of the natural stone sett 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 23701210 - Natural stone setts, kerbstones and flagstones (excluding of slate)

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