Report Update Nov 1, 2024

Hong Kong SAR, China - Scouring Pastes and Powders - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Hong Kong SAR, China

The Hong Kong scouring pastes and powders market expanded notably to $X in 2021, surging by 10% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Scouring Pastes And Powders in Hong Kong SAR, China

In value terms, scouring pastes and powders production reached $X in 2021 estimated in export price. Over the period under review, production saw a significant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 3,250%. Scouring pastes and powders production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from Hong Kong SAR, China

In 2021, approx. X tons of scouring pastes and powders were exported from Hong Kong SAR; falling by -32.8% against the year before. In general, exports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2017 with an increase of 304% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports reached $X in 2021. Over the period under review, exports, however, recorded a measured expansion. The growth pace was the most rapid in 2017 when exports increased by 224% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

China (X tons) was the main destination for scouring pastes and powders exports from Hong Kong SAR, accounting for a 93% share of total exports. Moreover, scouring pastes and powders exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to China stood at +10.5%.

In value terms, China ($X) remains the key foreign market for scouring pastes and powders exports from Hong Kong SAR, comprising 87% of total exports. The second position in the ranking was taken by Macao SAR ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +13.1%.

Export Prices by Country

The average scouring pastes and powders export price stood at $X per ton in 2021, rising by 57% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+4.0%).

Imports of Scouring Pastes And Powders

Imports into Hong Kong SAR, China

In 2021, scouring pastes and powders imports into Hong Kong SAR reduced to X tons, with a decrease of -3.3% compared with the year before. In general, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2017 when imports increased by 217%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, scouring pastes and powders imports surged to $X in 2021. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 171%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main supplier of scouring pastes and powders to Hong Kong SAR, with a 96% share of total imports. Moreover, scouring pastes and powders imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -5.3%.

In value terms, China ($X) constituted the largest supplier of scouring pastes and powders to Hong Kong SAR, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -6.1%.

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, picking up by 20% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 208% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average 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 ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for scouring pastes and powders in the world?

China constituted the country with the largest volume of scouring pastes and powders consumption, accounting for 18% of total volume. Moreover, scouring pastes and powders consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. South Korea ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of scouring pastes and powders in the world?

The country with the largest volume of scouring pastes and powders production was China, comprising approx. 20% of total volume. Moreover, scouring pastes and powders production in China exceeded the figures recorded by the second-largest producer, Russia, twofold. Japan ranked third in terms of total production with an 8.4% share.

What are the leading suppliers of scouring pastes and powders to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of scouring pastes and powders to Hong Kong SAR, comprising 87% of total imports. The second position in the ranking was occupied by the United States, with a 9% share of total imports.

What are the leading importers of scouring pastes and powders from Hong Kong SAR, China?

In value terms, China remains the key foreign market for scouring pastes and powders exports from Hong Kong SAR, comprising 95% of total exports. The second position in the ranking was occupied by Macao SAR, with a 4.8% share of total exports.

What is the average export price for scouring pastes and powders in Hong Kong SAR, China?

The average scouring pastes and powders export price stood at $1,460 per ton in 2020, falling by -57.8% against the previous year.

What is the average import price for scouring pastes and powders in Hong Kong SAR, China?

The average scouring pastes and powders import price stood at $777 per ton in 2020, with a decrease of -18.2% against the previous year.

This report provides an in-depth analysis of the market for scouring pastes and powders 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 20414400 - Scouring pastes and powders and other scouring preparations

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