| Product Code: ETC11807211 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Hong Kong`s acids import market in 2024 continued to showcase significant growth with a high Herfindahl-Hirschman Index (HHI) indicating concentrated market power. The top countries exporting acids to Hong Kong were China, Lao People`s Dem. Rep., UK, Belgium, and Thailand. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 27.73%, with a remarkable growth rate of 237.56% from 2023 to 2024. This data underscores the growing demand for acids in Hong Kong and the strong presence of key exporting nations in this market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Acids Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Acids Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Acids Market - Industry Life Cycle |
3.4 Hong Kong Acids Market - Porter's Five Forces |
3.5 Hong Kong Acids Market Revenues & Volume Share, By Acid Type, 2021 & 2031F |
3.6 Hong Kong Acids Market Revenues & Volume Share, By Concentration/Grade, 2021 & 2031F |
3.7 Hong Kong Acids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hong Kong Acids Market Trends |
6 Hong Kong Acids Market, By Types |
6.1 Hong Kong Acids Market, By Acid Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Acids Market Revenues & Volume, By Acid Type, 2021 - 2031F |
6.1.3 Hong Kong Acids Market Revenues & Volume, By Sulfuric Acid, 2021 - 2031F |
6.1.4 Hong Kong Acids Market Revenues & Volume, By Hydrochloric Acid, 2021 - 2031F |
6.1.5 Hong Kong Acids Market Revenues & Volume, By Nitric Acid, 2021 - 2031F |
6.1.6 Hong Kong Acids Market Revenues & Volume, By Organic Acids, 2021 - 2031F |
6.2 Hong Kong Acids Market, By Concentration/Grade |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Acids Market Revenues & Volume, By Concentrated/Technical, 2021 - 2031F |
6.2.3 Hong Kong Acids Market Revenues & Volume, By Diluted/Formulated, 2021 - 2031F |
6.2.4 Hong Kong Acids Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.2.5 Hong Kong Acids Market Revenues & Volume, By Custom Grades, 2021 - 2031F |
6.3 Hong Kong Acids Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Acids Market Revenues & Volume, By Industrial Processing, 2021 - 2031F |
6.3.3 Hong Kong Acids Market Revenues & Volume, By Cleaning & Etching, 2021 - 2031F |
6.3.4 Hong Kong Acids Market Revenues & Volume, By Fertilizer Production, 2021 - 2031F |
6.3.5 Hong Kong Acids Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
7 Hong Kong Acids Market Import-Export Trade Statistics |
7.1 Hong Kong Acids Market Export to Major Countries |
7.2 Hong Kong Acids Market Imports from Major Countries |
8 Hong Kong Acids Market Key Performance Indicators |
9 Hong Kong Acids Market - Opportunity Assessment |
9.1 Hong Kong Acids Market Opportunity Assessment, By Acid Type, 2021 & 2031F |
9.2 Hong Kong Acids Market Opportunity Assessment, By Concentration/Grade, 2021 & 2031F |
9.3 Hong Kong Acids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Acids Market - Competitive Landscape |
10.1 Hong Kong Acids Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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