Hong Kong SAR, China - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Plywood Market 2024
Plywood Market Size in Hong Kong SAR, China
The Hong Kong plywood market shrank significantly to $X in 2023, falling by X% against the previous year. Over the period under review, consumption recorded a perceptible shrinkage. Plywood consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.
Plywood Production in Hong Kong SAR, China
In value terms, plywood production reached $X in 2023 estimated in export price. Overall, production saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Plywood production peaked at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.
Plywood Exports
Exports from Hong Kong SAR, China
In 2023, shipments abroad of plywood decreased by X% to X cubic meters, falling for the eighth year in a row after two years of growth. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X cubic meters. From 2016 to 2023, the growth of the exports failed to regain momentum.
In value terms, plywood exports declined markedly to $X in 2023. Overall, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Israel (X cubic meters), Macao SAR (X cubic meters) and Nigeria (X cubic meters) were the main destinations of plywood exports from Hong Kong SAR, with a combined X% share of total exports. Timor-Leste, China, the UK, Suriname, Fiji, Guyana, Sri Lanka and the United States lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Timor-Leste (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for plywood exported from Hong Kong SAR were Israel ($X), China ($X) and Macao SAR ($X), together comprising X% of total exports. Sri Lanka, Timor-Leste, Nigeria, the UK, Guyana, Suriname, Fiji and the United States lagged somewhat behind, together comprising a further X%.
Guyana, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average plywood export price stood at $X per cubic meter in 2023, picking up by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per cubic meter), while the average price for exports to Fiji ($X per cubic meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (X%), while the prices for the other major destinations experienced more modest paces of growth.
Plywood Imports
Imports into Hong Kong SAR, China
In 2023, plywood imports into Hong Kong SAR shrank sharply to X cubic meters, with a decrease of X% compared with 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2017; however, from 2018 to 2023, imports remained at a lower figure.
In value terms, plywood imports declined significantly to $X in 2023. In general, imports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X cubic meters) constituted the largest supplier of plywood to Hong Kong SAR, with a X% share of total imports. Moreover, plywood imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X cubic meters), fourfold. The third position in this ranking was taken by Malaysia (X cubic meters), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).
In value terms, China ($X) constituted the largest supplier of plywood to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).
Import Prices by Country
The average plywood import price stood at $X per cubic meter in 2023, shrinking by X% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plywood import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price attained the peak level of $X per cubic meter, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Indonesia ($X per cubic meter) and Malaysia ($X per cubic meter), while the price for Vietnam ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the plywood 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:
- FCL 1640 - Plywood
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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