Price for Trade Advertising Material and Commercial Catalogue in Hong Kong SAR - 2023
Contents:
- Price for Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (CIF) - 2023
- Price for Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (FOB) - 2023
- Imports of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR
- Exports of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR
Price for Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (CIF) - 2023
In October 2023, the average import price for trade advertising materials and commercial catalogues amounted to $5,328 per ton, almost unchanged from the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 32% month-to-month. The import price peaked at $6,949 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($25,022 per ton), while the price for China ($3,597 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (FOB) - 2023
In October 2023, the average export price for trade advertising materials and commercial catalogues amounted to $4,791 per ton, declining by -35.9% against the previous month. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in September 2023 an increase of 48% against the previous month. As a result, the export price attained the peak level of $7,480 per ton, and then reduced markedly in the following month.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Taiwan (Chinese) ($24,380 per ton), while the average price for exports to China ($2,710 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR
In 2022, the amount of trade advertising materials and commercial catalogues imported into Hong Kong SAR shrank significantly to 4.4K tons, declining by -46.8% against 2021. Overall, imports continue to indicate a sharp reduction. The smallest decline of -5.3% was in 2021.
In value terms, imports of trade advertising materials and commercial catalogues contracted significantly to $28M in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of -0.9% was in 2021.
| Import of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.8 | 29.1 | 28.4 | 16.7 | -28.6% |
| Japan | 3.5 | 1.7 | 2.3 | 1.6 | -23.0% |
| India | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
| Others | 11.1 | 9.3 | 9.1 | 9.1 | -6.4% |
| Total | 60.5 | 40.1 | 39.7 | 28.2 | -22.5% |
Top Suppliers of Trade Advertising Material and Commercial Catalogue to Hong Kong SAR in 2022:
- China (3.9K tons)
- Japan (0.1K tons)
- India (0.1K tons)
Exports of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of trade advertising materials and commercial catalogues, which decreased by -43.2% to 3.6K tons in 2022. In general, exports saw a precipitous slump. The smallest decline of -6% was in 2021.
In value terms, exports of trade advertising materials and commercial catalogues shrank rapidly to $18M in 2022. Over the period under review, exports saw a significant contraction. The smallest decline of -11.7% was in 2021.
| Export of Trade Advertising Material and Commercial Catalogue in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 12.2 | 11.1 | 9.0 | -12.4% |
| Taiwan (Chinese) | 5.7 | 5.1 | 2.5 | 1.9 | -30.7% |
| United States | 2.4 | 1.9 | 1.9 | 1.6 | -12.6% |
| Japan | 1.6 | 2.1 | 1.4 | 0.9 | -17.5% |
| Switzerland | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Germany | 5.7 | 1.6 | 0.8 | 0.4 | -58.8% |
| United Kingdom | 0.8 | 0.5 | 0.5 | 0.2 | -37.0% |
| Malaysia | 0.8 | 0.4 | 0.6 | 0.2 | -37.0% |
| Vietnam | 0.8 | 1.7 | 0.9 | 0.2 | -37.0% |
| Philippines | 4.9 | 0.7 | 3.9 | 0.1 | -72.7% |
| Others | 6.6 | 5.3 | 4.3 | 2.9 | -24.0% |
| Total | 42.8 | 31.9 | 28.2 | 18.0 | -25.1% |
Top Export Markets for Trade Advertising Material and Commercial Catalogue from Hong Kong SAR in 2022:
- China (2163.2 tons)
- Taiwan (Chinese) (407.4 tons)
- Japan (167.2 tons)
- United States (146.5 tons)
- Switzerland (90.8 tons)
- Germany (66.6 tons)
- United Kingdom (64.1 tons)
- Vietnam (62.3 tons)
- Malaysia (26.3 tons)
- Philippines (12.0 tons)
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