Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Polyacetals Market 2024

Polyacetals Market Size in Hong Kong SAR, China

In 2021, the Hong Kong polyacetals market increased by 320% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption enjoyed a resilient increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Polyacetals Production in Hong Kong SAR, China

In value terms, polyacetals production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible contraction. Polyacetals production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Polyacetals Exports

Exports from Hong Kong SAR, China

In 2021, polyacetals exports from Hong Kong SAR declined to X tons, waning by -7% against 2020. In general, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2019 with an increase of 13%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, polyacetals exports totaled $X in 2021. Overall, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 when exports increased by 11% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for polyacetals exports from Hong Kong SAR, with a 96% share of total exports. It was followed by Japan (X tons), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at -4.3%.

In value terms, China ($X) remains the key foreign market for polyacetals in primary forms exports from Hong Kong SAR, comprising 95% of total exports. The second position in the ranking was taken by Japan ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China stood at -3.3%.

Export Prices by Country

The average polyacetals export price stood at $X per ton in 2021, jumping by 17% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.2%).

Polyacetals Imports

Imports into Hong Kong SAR, China

After three years of decline, purchases abroad of polyacetals in primary forms increased by 7.3% to X tons in 2021. In general, imports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of 12%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, polyacetals imports surged to $X in 2021. Overall, imports, however, saw a pronounced slump. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and the United States (X tons) were the main suppliers of polyacetals imports to Hong Kong SAR, with a combined 49% share of total imports. These countries were followed by Malaysia, South Korea, Taiwan (Chinese), Thailand and the Netherlands, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +13.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest polyacetals suppliers to Hong Kong SAR were Japan ($X), China ($X) and the United States ($X), together accounting for 50% of total imports. These countries were followed by Taiwan (Chinese), Malaysia, South Korea, Thailand and the Netherlands, which together accounted for a further 40%.

Malaysia, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average polyacetals import price stood at $X per ton in 2021, growing by 10% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the Netherlands ($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) (+2.2%), 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 polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals consumption in 2020 were China, the United States and Germany, together accounting for 46% of global consumption. These countries were followed by Japan, Taiwan Chinese), Brazil, Mexico, India, South Korea, the UK, the Netherlands and Italy, which together accounted for a further 28%.

What are the largest producers of polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals production in 2020 were the United States, Germany and South Korea, with a combined 46% share of global production. Malaysia, Japan, the Netherlands, China, Thailand, Taiwan Chinese), Saudi Arabia, Brazil, the UK and Belgium lagged somewhat behind, together accounting for a further 44%.

What are the leading suppliers of polyacetals in primary forms to Hong Kong SAR, China?

In value terms, the largest polyacetals suppliers to Hong Kong SAR were China, Japan and Malaysia, together accounting for 56% of total imports.

What are the leading importers of polyacetals in primary forms from Hong Kong SAR, China?

In value terms, China remains the key foreign market for polyacetals exports from Hong Kong SAR, comprising 92% of total exports. The second position in the ranking was occupied by Japan, with a 2.4% share of total exports.

What is the average export price for polyacetals in primary forms in Hong Kong SAR, China?

The average polyacetals export price stood at $2,247 per ton in 2020, declining by -5.2% against the previous year.

What is the average import price for polyacetals in primary forms in Hong Kong SAR, China?

In 2020, the average polyacetals import price amounted to $2,094 per ton, waning by -9.6% against the previous year.

This report provides an in-depth analysis of the polyacetals 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 20164013 - Polyacetals, in primary forms

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