Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Surgical Glove Market 2024

Surgical Glove Exports

Exports from Hong Kong SAR, China

Surgical glove exports from Hong Kong SAR soared to X tons in 2022, picking up by 569% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt setback. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, surgical glove exports soared to $X in 2022. Overall, exports, however, continue to indicate a pronounced setback. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for surgical glove exports from Hong Kong SAR, accounting for a 57% share of total exports. Moreover, surgical glove exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (-2.7% per year) and the United States (+630.7% per year).

In value terms, China ($X), Macao SAR ($X) and the United States ($X) were the largest markets for surgical glove exported from Hong Kong SAR worldwide, together comprising 99% of total exports.

Among the main countries of destination, the United States, with a CAGR of +605.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average surgical glove export price amounted to $X per ton, dropping by -28.2% against the previous year. Over the period under review, the export price, however, posted a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Surgical Glove Imports

Imports into Hong Kong SAR, China

Surgical glove imports into Hong Kong SAR rose notably to X tons in 2022, picking up by 5.6% compared with the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, surgical glove imports dropped to $X in 2022. In general, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Malaysia (X tons) was the main supplier of surgical glove to Hong Kong SAR, with a 95% share of total imports. Moreover, surgical glove imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at +7.6%.

In value terms, Malaysia ($X) constituted the largest supplier of surgical gloves to Hong Kong SAR, comprising 96% of total imports. The second position in the ranking was held by China ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malaysia totaled +6.1%.

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per ton, shrinking by -13.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 36%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($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 China (-0.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for surgical gloves in the world?

The countries with the highest volumes of surgical glove consumption in 2020 were Malaysia, China and the UK, together comprising 45% of global consumption.

What are the largest producers of surgical gloves in the world?

The countries with the highest volumes of surgical glove production in 2020 were Malaysia, China and India, together comprising 72% of global production.

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

In value terms, Malaysia constituted the largest supplier of surgical glove to Hong Kong SAR.

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

In value terms, Macao SAR, the United States and China appeared to be the largest markets for surgical glove exported from Hong Kong SAR worldwide, together comprising 70% of total exports.

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

The average surgical glove export price stood at $12,552 per ton in 2020, with an increase of 93% against the previous year.

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

The average surgical glove import price stood at $4,613 per ton in 2020, increasing by 9% against the previous year.

This report provides an in-depth analysis of the surgical glove 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 22196000 - Articles of apparel and clothing accessories (including gloves, m ittens and mitts), for all purposes, of vulcanised rubber other than hard rubber

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