Price for Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR - 2023

Contents:

  1. Price for Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (CIF) - 2022
  2. Price for Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (FOB) - 2022
  3. Imports of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR
  4. Exports of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR

Price for Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for statuettes and other ornamental ceramic articleses amounted to $9,875 per ton, shrinking by -47.1% against the previous year. Over the period under review, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 89%. The import price peaked at $19,109 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($64,639 per ton), while the price for China ($2,649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (FOB) - 2022

The average export price for statuettes and other ornamental ceramic articleses stood at $18,576 per ton in 2022, growing by 16% against the previous year. In general, the export price showed a resilient increase. The growth pace was the most rapid in 2017 an increase of 29%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($59,896 per ton), while the average price for exports to Turkey ($2,541 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 Thailand (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR

In 2022, the amount of statuettes and other ornamental ceramic articleses imported into Hong Kong SAR soared to 663 tons, growing by 29% against the previous year. Overall, imports, however, continue to indicate a pronounced contraction.

In value terms, imports of statuettes and other ornamental ceramic articleses dropped dramatically to $6.6M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 7.3%.

Import of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8925036289602.5%
China2,1291,8011,618893-25.1%
France1,293140706732-17.3%
Japan629459491571-3.2%
Macao SAR12.90.924.5550249.3%
Taiwan (Chinese)15186.014234932.2%
Italy931294435267-34.1%
Netherlands19.410.014.2178109.3%
Singapore1085,00633.931.2-33.9%
Others2,6781,1925,4642,019-9.0%
Total8,8439,4929,5556,551-9.5%

Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to Hong Kong SAR in 2022:

  1. China (337.0 tons)
  2. Macao SAR (196.8 tons)
  3. Japan (31.9 tons)
  4. Spain (22.7 tons)
  5. Taiwan (Chinese) (16.0 tons)
  6. Netherlands (12.0 tons)
  7. France (11.3 tons)
  8. Italy (3.7 tons)
  9. Singapore (0.6 tons)

Exports of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR

In 2022, the amount of statuettes and other ornamental ceramic articleses exported from Hong Kong SAR shrank significantly to 202 tons, waning by -21.6% against 2021. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 46%.

In value terms, exports of statuettes and other ornamental ceramic articleses shrank to $3.8M in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 47%.

Export of Statuettes and Other Ornamental Ceramic Articles in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,123527617466-25.4%
Philippines28211817046618.2%
France86.826.120943270.7%
Macao SAR46.355.9170417108.1%
China2,697622890402-47.0%
Taiwan (Chinese)13832250134635.9%
Thailand9.449.823.6295215.4%
Japan234357169120-20.0%
United Kingdom11964.313682.1-11.6%
Spain54.310588.178.413.0%
Germany49.816.824558.15.3%
Netherlands14.463.029.951.152.5%
Turkey40366.47.615.6-66.2%
Others1,430411862526-28.3%
Total6,6862,8034,1183,754-17.5%

Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from Hong Kong SAR in 2022:

  1. United States (46.9 tons)
  2. China (24.0 tons)
  3. France (13.0 tons)
  4. Japan (12.8 tons)
  5. Macao SAR (10.7 tons)
  6. Philippines (10.0 tons)
  7. United Kingdom (8.7 tons)
  8. Spain (8.0 tons)
  9. Netherlands (7.0 tons)
  10. Turkey (6.1 tons)
  11. Taiwan (Chinese) (5.9 tons)
  12. Thailand (4.9 tons)
  13. Germany (4.3 tons)

Source: IndexBox Market Intelligence Platform

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