Hong Kong SAR, China - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Hong Kong SAR - 2023
Contents:
- Ethylene Polymer Bag Price in Hong Kong SAR (CIF) - 2023
- Ethylene Polymer Bag Price in Hong Kong SAR (FOB) - 2023
- Ethylene Polymer Bag Imports in Hong Kong SAR
- Ethylene Polymer Bag Exports in Hong Kong SAR
Ethylene Polymer Bag Price in Hong Kong SAR (CIF) - 2023
The average ethylene polymer bag import price stood at $1,648 per ton in June 2023, reducing by -8.7% against the previous month. Over the period under review, the import price saw a mild contraction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 12% m-o-m. As a result, import price reached the peak level of $2,086 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.8% per month.
Ethylene Polymer Bag Price in Hong Kong SAR (FOB) - 2023
The average ethylene polymer bag export price stood at $4,944 per ton in June 2023, falling by -12.1% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 31% against the previous month. As a result, the export price attained the peak level of $6,258 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Sri Lanka ($18,860 per ton), while the average price for exports to the United States ($2,821 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Imports in Hong Kong SAR
In 2022, imports of sacks and bags of polymers of ethylene into Hong Kong SAR shrank rapidly to 66K tons, waning by -18.5% against the previous year's figure. In general, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 81K tons, and then contracted dramatically in the following year.
In value terms, ethylene polymer bag imports plummeted to $129M in 2022. Over the period under review, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. As a result, imports reached the peak of $155M, and then shrank rapidly in the following year.
| Import of Ethylene Polymer Bag in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 135 | 130 | 145 | 119 | -4.1% |
| Others | 9.6 | 12.9 | 10.3 | 9.6 | 0.0% |
| Total | 145 | 143 | 155 | 129 | -3.8% |
Top Suppliers of Ethylene Polymer Bag to Hong Kong SAR in 2022:
- China (63.1K tons)
Ethylene Polymer Bag Exports in Hong Kong SAR
Ethylene polymer bag exports from Hong Kong SAR dropped significantly to 9.1K tons in 2022, reducing by -41.3% compared with the year before. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year.
In value terms, ethylene polymer bag exports contracted rapidly to $47M in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. As a result, the exports attained the peak of $71M, and then shrank dramatically in the following year.
| Export of Ethylene Polymer Bag in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.5 | 10.0 | 12.9 | 8.8 | 1.2% |
| Vietnam | 6.0 | 5.8 | 8.4 | 6.0 | 0.0% |
| China | 9.7 | 11.6 | 10.3 | 5.8 | -15.8% |
| Bangladesh | 4.1 | 1.7 | 3.1 | 2.6 | -14.1% |
| Cambodia | 2.5 | 2.9 | 3.1 | 2.1 | -5.6% |
| Sri Lanka | 1.5 | 1.1 | 2.1 | 2.1 | 11.9% |
| Indonesia | 2.0 | 1.3 | 4.0 | 2.0 | 0.0% |
| Philippines | 1.1 | 1.0 | 1.1 | 1.7 | 15.6% |
| Japan | 8.6 | 3.7 | 4.4 | 1.7 | -41.7% |
| Chile | 1.3 | 0.1 | 2.7 | 1.1 | -5.4% |
| Macao SAR | 1.8 | 1.2 | 0.9 | 0.9 | -20.6% |
| Switzerland | 1.0 | 0.3 | 1.3 | 0.6 | -15.7% |
| Myanmar | N/A | N/A | N/A | 0.2 | 0% |
| Others | 17.2 | 14.5 | 17.1 | 11.5 | -12.6% |
| Total | 65.5 | 55.1 | 71.4 | 47.2 | -10.3% |
Top Export Markets for Ethylene Polymer Bag from Hong Kong SAR in 2022:
- United States (2709.6 tons)
- Vietnam (988.1 tons)
- China (755.4 tons)
- Japan (522.3 tons)
- Cambodia (351.5 tons)
- Indonesia (313.6 tons)
- Bangladesh (313.5 tons)
- Chile (309.4 tons)
- Philippines (264.8 tons)
- Switzerland (235.7 tons)
- Macao SAR (174.0 tons)
- Myanmar (161.6 tons)
- Sri Lanka (153.2 tons)
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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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