Report Update Nov 1, 2024

Hong Kong SAR, China - Vinyl Chloride (Chloroethylene) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Vinyl Chloride Market 2024

Vinyl Chloride Market Size in Hong Kong SAR, China

In 2022, the Hong Kong vinyl chloride market decreased by X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a abrupt shrinkage. Vinyl chloride consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vinyl Chloride Exports

Exports from Hong Kong SAR, China

In 2022, the amount of vinyl chloride (chloroethylene) exported from Hong Kong SAR expanded to X kg, picking up by X% against 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, vinyl chloride exports stood at $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X kg) was the main destination for vinyl chloride exports from Hong Kong SAR, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland was relatively modest.

In value terms, Ireland ($X) emerged as the key foreign market for vinyl chloride (chloroethylene) exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland was relatively modest.

Export Prices by Country

In 2022, the average vinyl chloride export price amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to X% per year.

Vinyl Chloride Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of vinyl chloride (chloroethylene) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vinyl chloride imports shrank slightly to $X in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of vinyl chloride to Hong Kong SAR, with a X% share of total imports. Moreover, vinyl chloride imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Thailand (X% per year).

In value terms, the United States ($X), Japan ($X) and Thailand ($X) appeared to be the largest vinyl chloride suppliers to Hong Kong SAR, together comprising X% of total imports.

Among the main suppliers, the United States, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average vinyl chloride import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vinyl chloride (chloroethylene) in the world?

The countries with the highest volumes of in 2021 were Indonesia, China and Norway, with a combined 33% share of global consumption.

What are the largest producers of vinyl chloride (chloroethylene) in the world?

The countries with the highest volumes of in 2021 were the United States, Japan and Indonesia, with a combined 53% share of global production.

What are the leading suppliers of vinyl chloride (chloroethylene) to Hong Kong SAR, China?

In value terms, Japan, Thailand and the United States constituted the largest vinyl chloride suppliers to Hong Kong SAR, with a combined 100% share of total imports.

What is the average export price for vinyl chloride (chloroethylene) in Hong Kong SAR, China?

The average vinyl chloride export price stood at $823 per ton in 2019, flattening at the previous year.

What is the average import price for vinyl chloride (chloroethylene) in Hong Kong SAR, China?

The average vinyl chloride import price stood at $3,168 per ton in 2021, with an increase of 88% against the previous year.

This report provides an in-depth analysis of the vinyl chloride 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 20141371 - Vinyl chloride (chloroethylene)

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