Report Update Nov 1, 2024

Hong Kong SAR, China - Polyphenols and Phenol-Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Polyphenols And Phenol-Alcohols Market 2024

Polyphenols And Phenol-Alcohols Market Size in Hong Kong SAR, China

The Hong Kong polyphenols and phenol-alcohols market expanded slightly to $X in 2022, picking up by 2.9% against the previous year. In general, consumption, however, saw prominent growth. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Polyphenols And Phenol-Alcohols Production in Hong Kong SAR, China

In value terms, polyphenols and phenol-alcohols production expanded notably to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 44%. Polyphenols and phenol-alcohols production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Polyphenols And Phenol-Alcohols Exports

Exports from Hong Kong SAR, China

In 2022, polyphenols and phenol-alcohols exports from Hong Kong SAR surged to X tons, rising by 106% against the previous year's figure. Over the period under review, exports, however, recorded a deep downturn. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, polyphenols and phenol-alcohols exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 222% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for polyphenols and phenol-alcohols exports from Hong Kong SAR, with a 96% share of total exports. It was followed by Taiwan (Chinese) (X kg), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled -10.2%.

In value terms, China ($X) remains the key foreign market for polyphenols and phenol-alcohols exports from Hong Kong SAR, comprising 54% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to -7.9%.

Export Prices by Country

The average polyphenols and phenol-alcohols export price stood at $X per ton in 2022, dropping by -22.6% against the previous year. Over the period under review, the export price, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2019 an increase of 212% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Taiwan (Chinese) stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.6%).

Polyphenols And Phenol-Alcohols Imports

Imports into Hong Kong SAR, China

In 2022, purchases abroad of polyphenols and phenol-alcohols increased by 15% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 263% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, polyphenols and phenol-alcohols imports surged to $X in 2022. Over the period under review, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 184% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Japan (X tons) was the main supplier of polyphenols and phenol-alcohols to Hong Kong SAR, with a 90% share of total imports. Moreover, polyphenols and phenol-alcohols imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at -1.4%.

In value terms, Japan ($X) constituted the largest supplier of polyphenols and phenol-alcohols to Hong Kong SAR, comprising 93% of total imports. The second position in the ranking was held by China ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Japan amounted to +8.8%.

Import Prices by Country

In 2022, the average polyphenols and phenol-alcohols import price amounted to $X per ton, with an increase of 14% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 81%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.2%), 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 polyphenols and phenol-alcohols in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, together comprising 46% of global consumption.

What are the largest producers of polyphenols and phenol-alcohols in the world?

The country with the largest volume of polyphenols and phenol-alcohols production was Japan, accounting for 35% of total volume. Moreover, polyphenols and phenol-alcohols production in Japan exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by China, with a 12% share.

What are the leading suppliers of polyphenols and phenol-alcohols to Hong Kong SAR, China?

In value terms, Japan constituted the largest supplier of polyphenols and phenol-alcohols to Hong Kong SAR, comprising 69% of total imports. The second position in the ranking was occupied by Belgium, with a 17% share of total imports.

What are the leading importers of polyphenols and phenol-alcohols from Hong Kong SAR, China?

In value terms, China emerged as the key foreign market for polyphenols and phenol-alcohols exports from Hong Kong SAR, comprising 38% of total exports. The second position in the ranking was occupied by Germany, with a 12% share of total exports.

What is the average export price for polyphenols and phenol-alcohols in Hong Kong SAR, China?

The average polyphenols and phenol-alcohols export price stood at $15,096 per ton in 2021, declining by -34.2% against the previous year.

What is the average import price for polyphenols and phenol-alcohols in Hong Kong SAR, China?

The average polyphenols and phenol-alcohols import price stood at $6,545 per ton in 2021, dropping by -20.8% against the previous year.

This report provides an in-depth analysis of the polyphenols and phenol-alcohols 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 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols

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