Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Slate Market 2024

Slate Market Size in Hong Kong SAR, China

The Hong Kong slate market declined to $X in 2021, falling by -6.9% against the previous year. In general, consumption, however, enjoyed a resilient expansion. Slate consumption peaked at $X in 2020, and then reduced in the following year.

Slate Production in Hong Kong SAR, China

In value terms, slate production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then dropped in the following year.

Slate Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of slate decreased by -57.9% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports showed a sharp setback. The pace of growth appeared the most rapid in 2016 with an increase of 122% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, slate exports shrank notably to $X in 2021. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 208% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Slate Imports

Imports into Hong Kong SAR, China

In 2021, the amount of slate imported into Hong Kong SAR surged to X tons, increasing by 20% compared with the previous year. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 306% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, slate imports dropped markedly to $X in 2021. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 304% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of slate to Hong Kong SAR, with a 83% share of total imports. Moreover, slate imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +27.6%.

In value terms, China ($X) constituted the largest supplier of slate to Hong Kong SAR, comprising 70% of total imports. The second position in the ranking was held by Russia ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +22.3%.

Import Prices by Country

In 2021, the average slate import price amounted to $X per ton, with a decrease of -32.9% against the previous year. Overall, the import price showed a pronounced downturn. The growth pace was the most rapid in 2015 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($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 France (+45.3%), 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 slate in the world?

Sudan constituted the country with the largest volume of slate consumption, comprising approx. 81% of total volume. Moreover, slate consumption in Sudan exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of slate in the world?

Sudan constituted the country with the largest volume of slate production, comprising approx. 81% of total volume. Moreover, slate production in Sudan exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. China ranked third in terms of total production with a 3.9% share.

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

In value terms, Russia constituted the largest supplier of slate to Hong Kong SAR, comprising 90% of total imports. The second position in the ranking was occupied by China, with a 10% share of total imports.

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

In value terms, the UK remains the key foreign market for slate exports from Hong Kong SAR.

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

The average slate export price stood at $500 per ton in 2021, shrinking by -4.5% against the previous year.

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

In 2021, the average slate import price amounted to $428 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the slate 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 08114000 - Slate, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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