Hong Kong SAR, China: Market for Sterile Surgical Or Dental Adhesion Barriers 2024

Market Size for Sterile Surgical Or Dental Adhesion Barriers in Hong Kong SAR, China

The Hong Kong sterile medical adhesion barrier market expanded rapidly to $X in 2023, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted buoyant growth. Sterile medical adhesion barrier consumption peaked in 2023 and is likely to see gradual growth in the immediate term.

Exports of Sterile Surgical Or Dental Adhesion Barriers

Exports from Hong Kong SAR, China

In 2023, shipments abroad of sterile surgical or dental adhesion barriers was finally on the rise to reach X tons after four years of decline. Over the period under review, exports saw temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, sterile medical adhesion barrier exports rose to $X in 2023. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for sterile medical adhesion barrier exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, sterile medical adhesion barrier exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), sixfold.

From 2012 to 2023, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and Japan (X% per year).

In value terms, China ($X) remains the key foreign market for sterile surgical or dental adhesion barriers exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Macao SAR ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and Japan (X% per year).

Export Prices by Country

In 2023, the average sterile medical adhesion barrier export price amounted to $X per ton, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Sterile Surgical Or Dental Adhesion Barriers

Imports into Hong Kong SAR, China

In 2023, the amount of sterile surgical or dental adhesion barriers imported into Hong Kong SAR stood at X tons, growing by X% against 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, sterile medical adhesion barrier imports expanded markedly to $X in 2023. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Singapore (X tons) constituted the largest sterile medical adhesion barrier supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, sterile medical adhesion barrier imports from Singapore exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Singapore amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, Singapore ($X) constituted the largest supplier of sterile surgical or dental adhesion barriers to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Singapore totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average sterile medical adhesion barrier import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Pakistan ($X per ton) and China ($X per ton), while the price for Austria ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform