Hong Kong SAR, China - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmino Resin Price in Hong Kong SAR - 2023
Contents:
- Amino Resin Price in Hong Kong SAR (CIF) - 2022
- Amino Resin Price in Hong Kong SAR (FOB) - 2022
- Amino Resin Imports in Hong Kong SAR
- Amino Resin Exports in Hong Kong SAR
Amino Resin Price in Hong Kong SAR (CIF) - 2022
The average amino resin import price stood at $4,639 per ton in 2022, surging by 16% against the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 64%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 Malaysia ($5,839 per ton), while the price for China ($2,643 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Amino Resin Price in Hong Kong SAR (FOB) - 2022
In 2022, the average amino resin export price amounted to $4,836 per ton, jumping by 26% against the previous year. In general, the export price enjoyed a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($4,840 per ton), while the average price for exports to China totaled $4,833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.5%).
Amino Resin Imports in Hong Kong SAR
Amino resin imports into Hong Kong SAR declined dramatically to 162 tons in 2022, falling by -49.3% against the previous year. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 10%.
In value terms, amino resin imports fell rapidly to $749K in 2022. Overall, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 30%.
Import of Amino Resin in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 115 | 233 | 275 | 461 | 58.9% |
China | 1,302 | 216 | 199 | 116 | -55.3% |
Spain | 1.5 | 2.8 | 666 | 109 | 317.3% |
Italy | 93.2 | 87.4 | 32.9 | 47.0 | -20.4% |
Japan | 288 | 90.4 | 43.3 | 12.2 | -65.1% |
Singapore | 52.6 | 7.1 | 1.7 | 0.6 | -77.5% |
Thailand | 39.0 | 36.4 | 12.1 | N/A | -44.3% |
South Korea | 381 | 159 | N/A | N/A | -58.3% |
Taiwan (Chinese) | 15.4 | 40.6 | N/A | N/A | 163.6% |
Others | 71.7 | 110 | 42.9 | 3.5 | -63.5% |
Total | 2,360 | 983 | 1,274 | 749 | -31.8% |
Top Suppliers of Amino Resin to Hong Kong SAR in 2022:
- Malaysia (79.0 tons)
- China (43.8 tons)
- Spain (25.2 tons)
- Italy (10.4 tons)
- Japan (2.4 tons)
- Singapore (0.1 tons)
Amino Resin Exports in Hong Kong SAR
In 2022, exports of amino resins from Hong Kong SAR plummeted to 54 tons, waning by -54.6% on 2021 figures. Over the period under review, exports faced a precipitous decrease.
In value terms, amino resin exports contracted notably to $261K in 2022. In general, exports recorded a significant curtailment.
Export of Amino Resin in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,307 | 758 | 411 | 153 | -59.5% |
Macao SAR | 1.1 | 7.2 | 22.2 | 108 | 361.3% |
Thailand | 82.4 | N/A | N/A | N/A | 0% |
Vietnam | 363 | 38.3 | N/A | N/A | -89.4% |
Malaysia | N/A | 105 | N/A | N/A | 0% |
Others | N/A | 31.0 | 23.3 | N/A | -24.8% |
Total | 2,753 | 940 | 457 | 261 | -54.4% |
Top Export Markets for Amino Resin from Hong Kong SAR in 2022:
- China (31.7 tons)
- Macao SAR (22.3 tons)
This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
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
This report provides an in-depth analysis of the amino resin market in Hong Kong SAR, China.
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