Hong Kong SAR, China - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in Hong Kong SAR - 2023
Contents:
- Glycerol Price in Hong Kong SAR (FOB) - 2022
- Glycerol Price in Hong Kong SAR (CIF) - 2022
- Glycerol Exports in Hong Kong SAR
- Glycerol Imports in Hong Kong SAR
Glycerol Price in Hong Kong SAR (FOB) - 2022
The average glycerol export price stood at $389 per ton in 2022, with a decrease of -6.4% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 35%. As a result, the export price reached the peak level of $1,275 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -10.0% per year.
Glycerol Price in Hong Kong SAR (CIF) - 2022
The average glycerol import price stood at $1,570 per ton in 2022, growing by 4.2% against the previous year. Overall, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 126% against the previous year. As a result, import price attained the peak level of $2,205 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($16,574 per ton), while the price for China ($318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Hong Kong SAR
Glycerol exports from Hong Kong SAR surged to 1.9K tons in 2022, picking up by 29% on the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, glycerol exports surged to $755K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glycerol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 479 | 371 | 608 | 744 | 15.8% |
| Others | 55.6 | 36.2 | 18.5 | 11.2 | -41.4% |
| Total | 535 | 408 | 627 | 755 | 12.2% |
Top Export Markets for Glycerol from Hong Kong SAR in 2022:
- China (1942.5 tons)
Glycerol Imports in Hong Kong SAR
After two years of decline, overseas purchases of glycerol increased by 63% to 649 tons in 2022. Overall, imports, however, continue to indicate a deep setback.
In value terms, glycerol imports surged to $1M in 2022. In general, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 393 | 390 | 380 | 709 | 21.7% |
| Japan | 184 | 8.7 | 128 | 128 | -11.4% |
| Indonesia | 13.9 | 31.4 | 52.2 | 57.8 | 60.8% |
| South Korea | N/A | 2.9 | N/A | 46.3 | 299.6% |
| China | 17.9 | 2.2 | 7.3 | 38.2 | 28.7% |
| Thailand | N/A | N/A | N/A | 26.5 | 0% |
| Peru | 31.5 | N/A | N/A | N/A | 0% |
| Others | 80.6 | 51.0 | 31.1 | 11.8 | -47.3% |
| Total | 721 | 486 | 599 | 1,018 | 12.2% |
Top Suppliers of Glycerol to Hong Kong SAR in 2022:
- Malaysia (439.2 tons)
- China (120.2 tons)
- Indonesia (42.9 tons)
- Thailand (20.0 tons)
- South Korea (17.2 tons)
- Japan (7.7 tons)
This report provides an in-depth analysis of the glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
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
-
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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