Price for Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR - 2022
Contents:
- Price for Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (CIF) - 2022
- Price for Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (FOB) - 2022
- Imports of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR
- Exports of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR
Price for Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $332,722 per ton, rising by 182% against the previous year. In general, the import price recorded buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 226%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($2,499,508 per ton), while the price for China ($129,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $205,124 per ton, dropping by -10.5% against the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 an increase of 181% against the previous year. Over the period under review, the average export prices hit record highs at $406,040 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,938,294 per ton), while the average price for exports to Japan ($40,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR
In 2022, imports of artwork; collages and similar decorative plaqueses into Hong Kong SAR declined remarkably to 38 tons, dropping by -77.7% on the previous year. Overall, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 511%. As a result, imports attained the peak of 170 tons, and then contracted significantly in the following year.
In value terms, imports of artwork; collages and similar decorative plaqueses reduced markedly to $13M in 2022. Over the period under review, imports, however, saw measured growth. The pace of growth appeared the most rapid in 2021 when imports increased by 289% against the previous year. As a result, imports reached the peak of $20M, and then dropped dramatically in the following year.
| Import of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.9 | 0.3 | 6.9 | 5.2 | 79.4% |
| China | 0.1 | 0.3 | 5.5 | 4.1 | 244.8% |
| United States | 2.4 | 0.3 | 1.9 | 1.4 | -16.4% |
| Singapore | 0.1 | 1.1 | N/A | 0.3 | 44.2% |
| France | 0.1 | N/A | 1.3 | N/A | 260.6% |
| Taiwan (Chinese) | N/A | 3.1 | N/A | N/A | 0% |
| Others | 7.8 | 0.1 | 4.5 | 1.5 | -42.3% |
| Total | 11.4 | 5.2 | 20.0 | 12.6 | 3.4% |
Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Hong Kong SAR in 2022:
- China (31.8 tons)
- United Kingdom (2.1 tons)
- Singapore (2.1 tons)
- United States (0.6 tons)
Exports of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR
After three years of growth, shipments abroad of artwork; collages and similar decorative plaqueses decreased by -14.9% to 49 tons in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 159%. As a result, the exports reached the peak of 57 tons, and then shrank in the following year.
In value terms, exports of artwork; collages and similar decorative plaqueses fell significantly to $10M in 2022. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of $13M, and then dropped notably in the following year.
| Export of Artwork; Collages and Similar Decorative Plaques in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.2 | N/A | 3.4 | 2.6 | 135.1% |
| United States | 1.5 | 5.3 | 1.1 | 2.0 | 10.1% |
| United Kingdom | 0.3 | N/A | 2.5 | 1.9 | 85.0% |
| China | 0.1 | 0.3 | 2.2 | 1.7 | 157.1% |
| Japan | 0.1 | 0.2 | 1.3 | 1.0 | 115.4% |
| Australia | N/A | N/A | 1.8 | N/A | 0% |
| Others | 5.2 | 1.1 | 0.8 | 0.8 | -46.4% |
| Total | 7.5 | 6.9 | 13.2 | 10.0 | 10.1% |
Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Hong Kong SAR in 2022:
- Japan (25.1 tons)
- China (13.3 tons)
- United States (4.1 tons)
- Singapore (3.6 tons)
- United Kingdom (1.6 tons)
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