Report Update Nov 1, 2024

Hong Kong SAR, China - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Hong Kong SAR, China

After six years of growth, the Hong Kong platinum catalysts market decreased by -10.7% to $X in 2022. Overall, consumption continues to indicate a drastic downturn. Platinum catalysts consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Platinum Catalysts Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of platinum catalysts decreased by 0% to X kg for the first time since 2017, thus ending a four-year declining trend. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2017 with an increase of 1,540% against the previous year. As a result, the exports attained the peak of X kg. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, platinum catalysts exports stood at $X in 2022. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2017 with an increase of 3,126%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X kg) was the main destination for platinum catalysts exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to -14.5%.

In value terms, Indonesia ($X) remains the key foreign market for platinum catalysts exports from Hong Kong SAR, comprising 99% of total exports. The second position in the ranking was held by the UK ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at +66.9%.

Export Prices by Country

The average platinum catalysts export price stood at $X per kg in 2022, picking up by 6.8% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 101%. Over the period under review, the average export prices attained the maximum at $X per kg in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per kg), while the average price for exports to the UK amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.7%), while the prices for the other major destinations experienced a decline.

Platinum Catalysts Imports

Imports into Hong Kong SAR, China

In 2022, after three years of growth, there was significant decline in overseas purchases of platinum catalysts, when their volume decreased by -9.7% to X kg. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 425%. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, platinum catalysts imports dropped to $X in 2022. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 228% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X kg), Japan (X kg) and Italy (X kg) were the main suppliers of platinum catalysts imports to Hong Kong SAR, with a combined 81% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +6.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), Italy ($X) and the United States ($X) were the largest platinum catalysts suppliers to Hong Kong SAR, with a combined 44% share of total imports. Thailand, the UK and Indonesia lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, Thailand, with a CAGR of +42.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average platinum catalysts import price stood at $X per kg in 2022, declining by -3.7% against the previous year. Overall, the import price faced a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 95%. Over the period under review, average import prices hit record highs at $X per kg in 2013; however, from 2014 to 2022, 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 the United States ($X per kg), while the price for Indonesia ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1,659.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for platinum catalysts in the world?

Portugal remains the largest platinum catalysts consuming country worldwide, accounting for 38% of total volume. Moreover, platinum catalysts consumption in Portugal exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The UK ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of platinum catalysts in the world?

The country with the largest volume of platinum catalysts production was the UK, accounting for 46% of total volume. Moreover, platinum catalysts production in the UK exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by Spain, with an 8.9% share.

What are the leading suppliers of platinum catalysts to Hong Kong SAR, China?

In value terms, Japan, Italy and the United States were the largest platinum catalysts suppliers to Hong Kong SAR, with a combined 63% share of total imports.

What are the leading importers of platinum catalysts from Hong Kong SAR, China?

In value terms, Indonesia remains the key foreign market for platinum catalysts exports from Hong Kong SAR, comprising 97% of total exports. The second position in the ranking was occupied by the UK $151), with a 0.2% share of total exports.

What is the average export price for platinum catalysts in Hong Kong SAR, China?

In 2021, the average platinum catalysts export price amounted to $2,101 per kg, rising by 3.1% against the previous year.

What is the average import price for platinum catalysts in Hong Kong SAR, China?

The average platinum catalysts import price stood at $777 per kg in 2021, reducing by -11% against the previous year.

This report provides an in-depth analysis of the platinum catalysts 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 24413070 - Platinum catalysts in the form of wire cloth or grill

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