Hong Kong SAR, China - Chromates, Dichromates And Peroxochromates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChromates Price in Hong Kong SAR - 2022
Contents:
- Chromates Price in Hong Kong SAR (FOB) - 2022
- Chromates Price in Hong Kong SAR (CIF) - 2022
- Chromates Exports in Hong Kong SAR
- Chromates Imports in Hong Kong SAR
Chromates Price in Hong Kong SAR (FOB) - 2022
The average chromates export price stood at $6,123 per ton in 2022, with an increase of 50% against the previous year. In general, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 78% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($7,183 per ton), while the average price for exports to Indonesia amounted to $5,548 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.4%), while the prices for the other major destinations experienced a decline.
Chromates Price in Hong Kong SAR (CIF) - 2022
The average chromates import price stood at $1,646 per ton in 2022, jumping by 72% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The import price peaked at $1,904 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +4.9% per year.
Chromates Exports in Hong Kong SAR
In 2022, the amount of chromates, dichromates and peroxochromates exported from Hong Kong SAR shrank markedly to 1.4 tons, reducing by -48% against 2021 figures. Over the period under review, exports saw a sharp downturn. The smallest decline of -39.1% was in 2021.
In value terms, chromates exports plummeted to $8.3K in 2022. In general, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 8.6% against the previous year.
Export of Chromates in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 1.2 | 0.4 | 2.1 | 4.9 | 59.8% |
China | 7.0 | 1.0 | 4.0 | 3.4 | -21.4% |
Vietnam | N/A | 0.9 | N/A | N/A | 0% |
Malaysia | 2.1 | 0.6 | 2.6 | N/A | 11.3% |
Cambodia | 1.8 | 0.4 | 1.7 | N/A | -2.8% |
Brunei Darussalam | 2.0 | 6.5 | N/A | N/A | 225.0% |
India | 18.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
Total | 32.3 | 9.8 | 10.6 | 8.3 | -36.4% |
Top Export Markets for Chromates from Hong Kong SAR in 2022:
- Indonesia (879.0 kg)
- China (476.0 kg)
Chromates Imports in Hong Kong SAR
In 2022, supplies from abroad of chromates, dichromates and peroxochromates decreased by -99% to 2.9 tons, falling for the second year in a row after two years of growth. In general, imports faced a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 255%. As a result, imports reached the peak of 289 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chromates imports declined sharply to $4.8K in 2022. Over the period under review, imports showed a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 157%.
Import of Chromates in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.6 | 16.0 | 12.0 | 4.8 | -31.0% |
Kazakhstan | 48.5 | 209 | 231 | N/A | 118.2% |
China | 16.5 | 6.7 | 1.8 | N/A | -67.0% |
South Africa | 7.0 | 8.3 | 6.7 | N/A | -2.2% |
Others | 13.0 | 16.1 | 18.1 | N/A | 18.0% |
Total | 99.6 | 256 | 270 | 4.8 | -63.6% |
Top Suppliers of Chromates to Hong Kong SAR in 2022:
- United States (2.9 tons)
This report provides an in-depth analysis of the chromates 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 20135125 - Chromates and dichromates, peroxochromates
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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