Hong Kong SAR, China - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPaper Bag Price in Hong Kong SAR - 2023
Contents:
- Paper Bag Price in Hong Kong SAR (CIF) - 2023
- Paper Bag Price in Hong Kong SAR (FOB) - 2023
- Paper Bag Imports in Hong Kong SAR
- Paper Bag Exports in Hong Kong SAR
Paper Bag Price in Hong Kong SAR (CIF) - 2023
The average paper bag import price stood at $2,196 per ton in August 2023, increasing by 11% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 14% month-to-month. Over the period under review, average import prices attained the maximum at $2,246 per ton in February 2023; afterwards, it flattened through to August 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to +0.3% per month.
Paper Bag Price in Hong Kong SAR (FOB) - 2023
The average paper bag export price stood at $7,198 per ton in August 2023, with a decrease of -6.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices attained the maximum at $7,739 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($9,508 per ton), while the average price for exports to the United Arab Emirates ($3,870 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Bag Imports in Hong Kong SAR
In 2022, the amount of sacks and bags of paper imported into Hong Kong SAR declined to 157K tons, waning by -9.7% compared with the previous year's figure. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, paper bag imports reduced rapidly to $321M in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $380M, and then declined notably in the following year.
| Import of Paper Bag in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 345 | 289 | 346 | 290 | -5.6% |
| Others | 33.8 | 27.4 | 34.5 | 31.3 | -2.5% |
| Total | 378 | 317 | 380 | 321 | -5.3% |
Top Suppliers of Paper Bag to Hong Kong SAR in 2022:
- China (149.8K tons)
Paper Bag Exports in Hong Kong SAR
In 2022, approx. 23K tons of sacks and bags of paper were exported from Hong Kong SAR; waning by -47.5% on the previous year. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 43K tons, and then contracted notably in the following year.
In value terms, paper bag exports shrank significantly to $153M in 2022. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, the exports attained the peak of $249M, and then reduced markedly in the following year.
| Export of Paper Bag in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.8 | 36.4 | 36.9 | 24.5 | -14.2% |
| United States | 42.7 | 29.4 | 45.7 | 22.7 | -19.0% |
| South Korea | 8.8 | 6.0 | 12.4 | 11.2 | 8.4% |
| Vietnam | 7.9 | 11.6 | 12.3 | 8.5 | 2.5% |
| Japan | 20.2 | 14.9 | 16.4 | 7.0 | -29.8% |
| France | 19.3 | 9.5 | 21.3 | 5.7 | -33.4% |
| Singapore | 9.9 | 7.8 | 10.2 | 5.3 | -18.8% |
| United Kingdom | 9.3 | 6.8 | 9.6 | 5.1 | -18.1% |
| Taiwan (Chinese) | 3.9 | 6.5 | 7.8 | 5.0 | 8.6% |
| Macao SAR | 4.1 | 2.8 | 5.2 | 4.3 | 1.6% |
| Bangladesh | 3.0 | 1.9 | 3.4 | 4.1 | 11.0% |
| India | 7.9 | 1.6 | 2.9 | 4.0 | -20.3% |
| Philippines | 3.6 | 2.8 | 4.1 | 3.9 | 2.7% |
| Others | 64.0 | 52.9 | 61.1 | 42.1 | -13.0% |
| Total | 243 | 191 | 249 | 153 | -14.3% |
Top Export Markets for Paper Bag from Hong Kong SAR in 2022:
- China (4.3K tons)
- United States (3.2K tons)
- Vietnam (1.5K tons)
- South Korea (1.5K tons)
- Japan (1.1K tons)
- Macao SAR (1.0K tons)
- Taiwan (Chinese) (0.8K tons)
- France (0.7K tons)
- Bangladesh (0.6K tons)
- Singapore (0.6K tons)
- Philippines (0.6K tons)
- India (0.6K tons)
- United Kingdom (0.5K tons)
This report provides an in-depth analysis of the paper 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 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
- Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
- Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
- Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
269
This report provides an in-depth analysis of the paper bag market in Hong Kong SAR, China.
382
This report provides an in-depth analysis of the corrugated paper box market in Hong Kong SAR, China.
251
This report provides an in-depth analysis of the non-corrugated paper box market in Hong Kong SAR, China.
326
This report provides an in-depth analysis of the market for paper sack and bag in Hong Kong SAR, China.
3983
This report provides an in-depth analysis of the global paper bag market.
1635
This report provides an in-depth analysis of the global corrugated paper box market.
878
This report provides an in-depth analysis of the global non-corrugated paper box market.
510
This report provides an in-depth analysis of the global market for paper sack and bag.
393
Global Pressure-Reducing Valve Market Report 2018. This report provides an in-depth analysis of the global pressure-reducing valve market.
469
Global Market for Pneumatic Power Transmission Control Valve. This report provides an in-depth analysis of the global market for pneumatic power transmission control valve.
120
Corrugated Paper Boxes saw a decline in imports from December 2022 to August 2023, with a drop in value to $7.3M in August 2023.
378
Explore the top import markets for paper bags, backed by data from the IndexBox market intelligence platform. Discover the countries leading the way in paper bag imports and the factors driving their demand.
7009
Global paper bag imports stood at X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to ...
1001
Global paper bag imports stood at X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to ...
1232
China dominates in the global sacks and bags of paper trade, strengthening its position in the global export structure from X% in 2007 to X% in 2013. In 2013, China supplied X% of its total sacks and bags of paper exports into the U.S., accounting
115
Discover the top-10 countries driving the global market for corrugated paper boxes through strong import values. Learn about the key factors contributing to their success in the packaging industry.
1040
In H1 2021, the trade volume in the global corrugated paper box market totalled 1.9M tons, dropping by 5% compared to the same period last year. Despite that, it rose by 16% to $3.6B in value terms due to the average carton box price increased by approximately 23% to $1,882 per ton. Germany, the U.S., the Netherlands and China remain the leading suppliers in the global corrugated paper box market, accounting for 41% of total export volume. The Netherlands, Mexico and France are the largest importers of paperboard cases worldwide.
214
Explore the world's best import markets for paper sack and bag. Discover key statistics and import values for countries like the United States, France, Germany, and more. Find out how IndexBox market intelligence platform can help businesses make informed decisions.
684
In 2021, the global paper sack and bag market decreased by -0.6% to $78.3B for the first time since 2016, thus ending...
120
Corrugated Paper Boxes saw a decline in imports from December 2022 to August 2023, with a drop in value to $7.3M in August 2023.
