Hong Kong SAR, China - Talcum Powder And Other Powders For Cosmetic Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTalcum Powder Price in Hong Kong SAR - 2023
Contents:
- Talcum Powder Price in Hong Kong SAR (CIF) - 2022
- Talcum Powder Price in Hong Kong SAR (FOB) - 2022
- Talcum Powder Imports in Hong Kong SAR
- Talcum Powder Exports in Hong Kong SAR
Talcum Powder Price in Hong Kong SAR (CIF) - 2022
In 2022, the average talcum powder import price amounted to $42,051 per ton, waning by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2015 when the average import price increased by 19% against the previous year. The import price peaked at $47,985 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($42,051 per ton) and the United States ($42,051 per ton), while the price for Italy ($42,050 per ton) and Japan ($42,050 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Talcum Powder Price in Hong Kong SAR (FOB) - 2022
The average talcum powder export price stood at $51,692 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, talcum powder export price increased by +83.0% against 2012 indices. The most prominent rate of growth was recorded in 2017 an increase of 14%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($51,693 per ton) and the United States ($51,693 per ton), while the average price for exports to South Korea ($51,691 per ton) and Macao SAR ($51,692 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Talcum Powder Imports in Hong Kong SAR
After three years of growth, supplies from abroad of talcum powder and other powders for cosmetic use decreased by -53.9% to 1.9K tons in 2022. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year.
In value terms, talcum powder imports fell notably to $80M in 2022. Overall, imports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of $180M, and then dropped remarkably in the following year.
Import of Talcum Powder in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 2.2 | 47.9 | 129 | 41.4 | 166.0% |
China | 33.3 | 6.6 | 14.7 | 11.2 | -30.5% |
France | 4.5 | 17.8 | 2.5 | 8.9 | 25.5% |
Japan | 11.7 | 5.1 | 5.0 | 6.1 | -19.5% |
Singapore | 6.7 | 4.1 | 4.8 | 4.1 | -15.1% |
United States | 9.3 | 11.9 | 3.3 | 3.0 | -31.4% |
Italy | 0.8 | 0.3 | 11.3 | 2.4 | 44.2% |
Others | 6.2 | 6.5 | 9.5 | 3.0 | -21.5% |
Total | 74.8 | 100 | 180 | 80.0 | 2.3% |
Top Suppliers of Talcum Powder to Hong Kong SAR in 2022:
- South Korea (983.4 tons)
- China (265.4 tons)
- France (212.7 tons)
- Japan (145.2 tons)
- Singapore (96.7 tons)
- United States (72.2 tons)
- Italy (57.0 tons)
Talcum Powder Exports in Hong Kong SAR
In 2022, exports of talcum powder and other powders for cosmetic use from Hong Kong SAR shrank significantly to 1.2K tons, with a decrease of -29.3% compared with the previous year's figure. In general, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 261% against the previous year. As a result, the exports reached the peak of 1.7K tons, and then fell sharply in the following year.
In value terms, talcum powder exports contracted rapidly to $62M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 298% against the previous year. As a result, the exports attained the peak of $87M, and then contracted notably in the following year.
Export of Talcum Powder in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.0 | 17.3 | 44.8 | 31.3 | 12.5% |
Macao SAR | 4.7 | 3.0 | 40.0 | 27.5 | 80.2% |
South Korea | 0.1 | N/A | 0.2 | 1.1 | 122.4% |
Japan | 0.5 | 0.1 | 0.7 | 1.0 | 26.0% |
United States | 3.6 | 0.2 | 0.4 | 0.3 | -56.3% |
Others | 2.1 | 1.3 | 1.0 | 0.5 | -38.0% |
Total | 33.0 | 21.9 | 87.2 | 61.8 | 23.3% |
Top Export Markets for Talcum Powder from Hong Kong SAR in 2022:
- China (605.8 tons)
- Macao SAR (532.7 tons)
- South Korea (22.1 tons)
- Japan (18.5 tons)
- United States (6.2 tons)
This report provides an in-depth analysis of the market for talcum and cosmetic powder 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 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
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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During the review period, Talcum and Cosmetic Powder imports reached a peak of 4.1K tons in 2021, but saw a decline in momentum from 2022 to 2023. In terms of value, imports soared to $97M in 2023.
In January 2023, Cosmetics saw a significant 81% month-on-month growth in imports. By October 2023, the value of cosmetics imports slightly contracted to $425M.
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