Hong Kong SAR, China - Biological Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiological Product Price in Hong Kong SAR - 2023
Contents:
- Biological Product Price in Hong Kong SAR (CIF) - 2022
- Biological Product Price in Hong Kong SAR (FOB) - 2022
- Biological Product Imports in Hong Kong SAR
- Biological Product Exports in Hong Kong SAR
Biological Product Price in Hong Kong SAR (CIF) - 2022
In 2022, the average biological product import price amounted to $2,430,975 per ton, picking up by 9.4% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, biological product import price increased by +32.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 50% against the previous year. As a result, import price attained the peak level of $2,467 per kg. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($7,766,253 per ton), while the price for Thailand ($389,204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Biological Product Price in Hong Kong SAR (FOB) - 2022
The average biological product export price stood at $1,585,144 per ton in 2022, dropping by -17.9% against the previous year. Overall, the export price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2017 an increase of 152%. Over the period under review, the average export prices hit record highs at $3,153,580 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($3,874,074 per ton), while the average price for exports to Mexico ($740,790 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.
Biological Product Imports in Hong Kong SAR
In 2022, supplies from abroad of biological products decreased by -31.1% to 112 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 183 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, biological product imports reduced sharply to $272M in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 7.2%.
| Import of Biological Product in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 39.9 | 48.2 | 50.6 | 75.6 | 23.7% |
| United States | 50.2 | 40.0 | 54.9 | 45.0 | -3.6% |
| Germany | 46.9 | 43.4 | 49.2 | 39.9 | -5.2% |
| Belgium | 16.9 | 30.5 | 25.0 | 14.8 | -4.3% |
| Ireland | 6.3 | 3.3 | 6.2 | 13.1 | 27.6% |
| Netherlands | 107 | 66.5 | 55.5 | 10.4 | -54.0% |
| United Kingdom | 26.7 | 3.7 | 3.8 | 10.2 | -27.4% |
| Australia | 7.4 | 14.2 | 10.1 | 8.2 | 3.5% |
| Thailand | 6.6 | 5.8 | 4.2 | 0.4 | -60.7% |
| France | 13.8 | 11.7 | 17.2 | 0.3 | -72.1% |
| Others | 48.6 | 68.9 | 83.5 | 53.6 | 3.3% |
| Total | 370 | 336 | 360 | 272 | -9.7% |
Top Suppliers of Biological Product to Hong Kong SAR in 2022:
- Switzerland (46.6 tons)
- Germany (13.4 tons)
- United States (11.6 tons)
- Ireland (8.1 tons)
- Belgium (6.6 tons)
- Netherlands (6.3 tons)
- Australia (5.4 tons)
- United Kingdom (2.6 tons)
- Thailand (1.1 tons)
- France (0.1 tons)
Biological Product Exports in Hong Kong SAR
In 2022, overseas shipments of biological products decreased by -50.8% to 27 tons, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, the exports reached the peak of 138 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, biological product exports reduced markedly to $42M in 2022. Overall, exports saw a significant contraction. The smallest decline of -22.5% was in 2020.
| Export of Biological Product in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 37.3 | 29.1 | 67.7 | 14.9 | -26.4% |
| Australia | 8.8 | 8.5 | 9.6 | 8.7 | -0.4% |
| China | 200 | 148 | 9.9 | 7.9 | -65.9% |
| Italy | 0.2 | 0.8 | 1.2 | 3.5 | 159.6% |
| Brazil | 2.9 | 0.9 | 2.6 | 2.0 | -11.6% |
| Mexico | 1.5 | N/A | 1.8 | 1.1 | -9.8% |
| Belgium | N/A | N/A | N/A | 0.7 | 0% |
| Indonesia | 0.6 | 0.5 | 0.6 | 0.4 | -12.6% |
| India | 1.1 | 0.5 | 0.1 | 0.2 | -43.3% |
| South Korea | 8.9 | 2.0 | 1.0 | 0.1 | -77.6% |
| Netherlands | N/A | 3.5 | 0.1 | N/A | -97.1% |
| Israel | N/A | 5.8 | N/A | N/A | 0% |
| Others | 6.5 | 7.9 | 10.6 | 3.1 | -21.9% |
| Total | 268 | 207 | 105 | 42.5 | -45.9% |
Top Export Markets for Biological Product from Hong Kong SAR in 2022:
- South Korea (undefined tons)
- China (9.5 tons)
- Australia (5.4 tons)
- Macao SAR (3.8 tons)
- Italy (1.7 tons)
- Mexico (1.5 tons)
- Brazil (1.3 tons)
- Belgium (0.8 tons)
- Indonesia (0.5 tons)
- India (0.2 tons)
This report provides an in-depth analysis of the biological product 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 21202120 -
- Prodcom 21202140 -
- Prodcom 21202145 - Vaccines for human medicine
- Prodcom 21202160 - Vaccines for veterinary medicine
- Prodcom 21106055 - Human blood, animal blood prepared for therapeutic, p rophylactic or diagnostic uses, cultures of micro-organisms, t oxins (excluding yeasts)
- Prodcom 21202320 - Blood-grouping reagents
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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In 2016, the global imports of antisera stood at X tons, moving up by X% against the previous year figure. Overall, antisera imports continue to indicate an outstanding expansion. The most prom...
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From 2007 to 2015, global exports of antisera and other blood fractions showed steady growth, amounting to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
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Switzerland seized control of the antisera and other blood fractions market. In 2014, Switzerland exported X thousand tons of antisera and other blood fractions totaling X billion USD, X% over the previous year. Its primary trading partner was G
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Belgium dominates in the global trade of vaccines for human medicine. In 2014, Belgium exported X tons of vaccines for human medicine totaling $X, X% over the previous year. Its primary trading partner was France, where it supplied X% o
