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Report Hong Kong SAR, China - Prepared Binders for Foundry Moulds or Cores - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Prepared Binders for Foundry Moulds or Cores - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Prepared Binders Market 2024

Prepared Binders Market Size in Hong Kong SAR, China

In 2021, the Hong Kong prepared binders market increased by 1.8% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a strong expansion. Prepared binders consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Prepared Binders Production in Hong Kong SAR, China

In value terms, prepared binders production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 33%. Prepared binders production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Prepared Binders Exports

Exports from Hong Kong SAR, China

In 2021, approx. X tons of prepared binders for foundry moulds or cores were exported from Hong Kong SAR; with a decrease of -56.7% compared with the previous year's figure. In general, exports recorded a sharp setback. The growth pace was the most rapid in 2017 when exports increased by 110%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared binders exports reduced sharply to $X in 2021. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2017 with an increase of 284%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for prepared binders exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to -24.7%.

In value terms, China ($X) also remains the key foreign market for prepared binders for foundry moulds or cores exports from Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -23.9%.

Export Prices by Country

In 2021, the average prepared binders export price amounted to $X per ton, picking up by 60% against the previous year. In general, the export price recorded a modest increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83%. As a result, the export price attained the peak level of $X per ton. From 2018 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 +1.1% per year.

Prepared Binders Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of prepared binders for foundry moulds or cores decreased by -30.7% to X tons, falling for the seventh consecutive year after three years of growth. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 174%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, prepared binders imports fell notably to $X in 2021. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by 298% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest prepared binders supplier to Hong Kong SAR, accounting for a 76% share of total imports. Moreover, prepared binders imports from the UK exceeded the figures recorded by the second-largest supplier, Egypt (X kg), more than tenfold. The third position in this ranking was held by China (X kg), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (0.0% per year) and China (-7.1% per year).

In value terms, the UK ($X) constituted the largest supplier of prepared binders for foundry moulds or cores to Hong Kong SAR, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 2.9% share of total imports. It was followed by Egypt, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-35.2% per year) and Egypt (0.0% per year).

Import Prices by Country

In 2021, the average prepared binders import price amounted to $X per ton, reducing by -9.1% against the previous year. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 45%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Belgium ($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) (+14.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest prepared binders consuming country worldwide, comprising approx. 23% of total volume. Moreover, prepared binders consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.
China constituted the country with the largest volume of prepared binders production, accounting for 24% of total volume. Moreover, prepared binders production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Germany ranked third in terms of total production with a 9.9% share.
In value terms, Taiwan Chinese) constituted the largest supplier of prepared binders to Hong Kong SAR.
In value terms, China remains the key foreign market for prepared binders exports from Hong Kong SAR.
In 2020, the average prepared binders export price amounted to $3,749 per ton, with an increase of 14% against the previous year.
In 2020, the average prepared binders import price amounted to $340 per ton, declining by -64.6% against the previous year.

This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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Free Data: Prepared Binders For Foundry Moulds Or Cores - Hong Kong SAR
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