Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR - 2024
Contents:
- Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (CIF) - 2024
- Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (FOB) - 2022
- Imports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR
- Exports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR
Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (CIF) - 2024
The average import price for paper, cigarette; in rolls of a width not exceeding 5cms stood at $3,237 per ton in February 2024, with an increase of 73% against the previous month. In general, import price indicated a notable expansion from February 2023 to February 2024: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for paper, cigarette; in rolls of a width not exceeding 5cms increased by +73.4% against January 2024 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Austria ($3,765 per ton), while the price for Indonesia stood at $2,021 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Austria (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (FOB) - 2022
The average export price for paper, cigarette; in rolls of a width not exceeding 5cms stood at $8,436 per ton in 2022, with an increase of 14% against the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2013 an increase of 865% against the previous year. The export price peaked at $9,965 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to +16.0% per year.
Imports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR
In 2022, approx. 855 tons of paper, cigarette; in rolls of a width not exceeding 5cms were imported into Hong Kong SAR; which is down by -18% on 2021 figures. In general, imports saw a deep slump.
In value terms, imports of paper, cigarette; in rolls of a width not exceeding 5cms reduced slightly to $2M in 2022. Over the period under review, imports continue to indicate a deep downturn.
| Import of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,187 | 1,783 | 997 | 1,570 | 9.8% |
| China | 1,795 | 423 | 660 | 268 | -46.9% |
| Indonesia | 180 | 135 | 256 | 80.3 | -23.6% |
| Germany | 2.4 | 165 | 40.6 | 67.0 | 203.4% |
| Vietnam | 73.1 | 140 | 121 | 59.9 | -6.4% |
| Others | 13.9 | N/A | 13.0 | N/A | -3.3% |
| Total | 3,251 | 2,646 | 2,088 | 2,046 | -14.3% |
Top Suppliers of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm to Hong Kong SAR in 2022:
- Austria (624.3 tons)
- China (129.0 tons)
- Indonesia (39.3 tons)
- Germany (36.7 tons)
- Vietnam (26.1 tons)
Exports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in shipments abroad of paper, cigarette; in rolls of a width not exceeding 5cms, when their volume increased by 11,361% to 8.5 tons. Over the period under review, exports, however, saw a dramatic curtailment.
In value terms, exports of paper, cigarette; in rolls of a width not exceeding 5cms soared to $72K in 2022. Overall, exports, however, saw a precipitous slump.
| Export of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 199 | 149 | N/A | 71.5 | -28.9% |
| China | 287 | N/A | N/A | N/A | 0% |
| Seychelles | 29.0 | N/A | N/A | N/A | 0% |
| Philippines | 89.4 | 24.2 | N/A | N/A | -72.9% |
| Lao People's Democratic Republic | 21.3 | N/A | N/A | N/A | 0% |
| Australia | 30.2 | N/A | N/A | N/A | 0% |
| Others | 33.3 | 6.2 | 0.5 | N/A | -87.7% |
| Total | 689 | 180 | 0.5 | 71.5 | -53.0% |
Top Export Markets for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm from Hong Kong SAR in 2022:
- Namibia (8.5 tons)
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