Price for Printed Matter of Other Kinds in Hong Kong SAR - 2024
Contents:
- Price for Printed Matter of Other Kinds in Hong Kong SAR (CIF) - 2022
- Price for Printed Matter of Other Kinds in Hong Kong SAR (FOB) - 2024
- Imports of Printed Matter of Other Kinds in Hong Kong SAR
- Exports of Printed Matter of Other Kinds in Hong Kong SAR
Price for Printed Matter of Other Kinds in Hong Kong SAR (CIF) - 2022
The average import price for printed matter of other kindses stood at $4,805 per ton in 2022, surging by 88% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2022, amid the top importers, the country with the highest price was the United States ($41,111 per ton), while the price for India ($2,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printed Matter of Other Kinds in Hong Kong SAR (FOB) - 2024
The average export price for printed matter of other kindses stood at $6,049 per ton in February 2024, rising by 7.4% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 44% m-o-m. As a result, the export price attained the peak level of $7,566 per ton. From August 2023 to February 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($50,866 per ton), while the average price for exports to China ($1,985 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Printed Matter of Other Kinds in Hong Kong SAR
In 2022, the amount of printed matter of other kindses imported into Hong Kong SAR declined significantly to 4.7K tons, which is down by -58.7% compared with 2021 figures. Over the period under review, imports faced a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.
In value terms, printed matter of other kinds imports dropped dramatically to $22M in 2022. Overall, imports saw a deep downturn. The smallest decline of -1.2% was in 2021.
| Import of Printed Matter of Other Kinds in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.6 | 21.9 | 22.3 | 9.3 | -29.6% |
| United States | 1.9 | 2.1 | 1.8 | 4.2 | 30.3% |
| Malaysia | 0.5 | 0.1 | 0.1 | 2.0 | 58.7% |
| India | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 9.0 | 5.0 | 4.5 | 6.8 | -8.9% |
| Total | 38.1 | 29.2 | 28.9 | 22.4 | -16.2% |
Top Suppliers of Printed Matter; N.E.S. in Heading No. 4911 to Hong Kong SAR in 2022:
- China (4.1K tons)
- Malaysia (0.4K tons)
- United States (0.1K tons)
- India (0.1K tons)
Exports of Printed Matter of Other Kinds in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of printed matter of other kindses, which decreased by -42.3% to 2.7K tons in 2022. In general, exports faced a dramatic shrinkage. The smallest decline of -5.2% was in 2021.
In value terms, printed matter of other kinds exports expanded modestly to $22M in 2022. Over the period under review, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year.
| Export of Printed Matter of Other Kinds in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 7.7 | 5.3 | 6.6 | 10.4% |
| United States | 6.7 | 4.2 | 7.3 | 4.6 | -11.8% |
| Bangladesh | 0.7 | 0.4 | 1.3 | 0.8 | 4.6% |
| Germany | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
| Macao SAR | 2.8 | 0.4 | 0.5 | 0.5 | -43.7% |
| Australia | 0.6 | 0.7 | 0.7 | 0.4 | -12.6% |
| United Kingdom | 1.2 | 0.9 | 0.7 | 0.3 | -37.0% |
| Others | 5.4 | 3.9 | 4.8 | 8.3 | 15.4% |
| Total | 23.0 | 18.9 | 21.5 | 22.3 | -1.0% |
Top Export Markets for Printed Matter; N.E.S. in Heading No. 4911 from Hong Kong SAR in 2022:
- China (2725.2 tons)
- United States (514.2 tons)
- Macao SAR (145.3 tons)
- Germany (139.0 tons)
- Bangladesh (137.8 tons)
- United Kingdom (30.3 tons)
- Australia (25.2 tons)
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