Transfers (Decalcomanias) Price in Hong Kong SAR - 2023
Contents:
- Transfers (Decalcomanias) Price in Hong Kong SAR (FOB) - 2023
- Transfers (Decalcomanias) Price in Hong Kong SAR (CIF) - 2023
- Transfers (Decalcomanias) Exports in Hong Kong SAR
- Transfers (Decalcomanias) Imports in Hong Kong SAR
Transfers (Decalcomanias) Price in Hong Kong SAR (FOB) - 2023
In August 2023, the average transfers (decalcomanias) export price amounted to $70,458 per ton, picking up by 4.1% against the previous month. Over the period under review, export price indicated a strong increase from August 2022 to August 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, transfers (decalcomanias) export price increased by +45.5% against June 2023 indices. The pace of growth was the most pronounced in September 2022 an increase of 86% month-to-month. The export price peaked at $87,170 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Bangladesh ($165K per ton), while the average price for exports to the United States ($27,758 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Transfers (Decalcomanias) Price in Hong Kong SAR (CIF) - 2023
The average transfers (decalcomanias) import price stood at $40,642 per ton in August 2023, increasing by 16% against the previous month. Overall, import price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, transfers (decalcomanias) import price increased by +25.5% against May 2023 indices. The pace of growth was the most pronounced in September 2022 an increase of 24% m-o-m. Over the period under review, average import prices hit record highs at $53,162 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($159K per ton), while the price for South Korea ($17,797 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Transfers (Decalcomanias) Exports in Hong Kong SAR
In 2022, overseas shipments of transfers (decalcomanias)s decreased by -51.4% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. 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 84%. As a result, the exports attained the peak of 3.5K tons, and then declined rapidly in the following year.
In value terms, transfers (decalcomanias) exports shrank significantly to $102M in 2022. In general, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $164M, and then dropped significantly in the following year.
Export of Transfers (Decalcomanias) in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.1 | 35.2 | 68.5 | 23.8 | 9.6% |
Vietnam | 19.4 | 18.1 | 25.8 | 18.9 | -0.9% |
Cambodia | 8.2 | 8.6 | 9.7 | 8.5 | 1.2% |
Indonesia | 6.3 | 4.8 | 7.1 | 8.3 | 9.6% |
Bangladesh | 5.6 | 4.6 | 8.0 | 7.7 | 11.2% |
Thailand | 8.3 | 6.9 | 7.5 | 4.9 | -16.1% |
Jordan | 3.5 | 3.2 | 3.7 | 4.1 | 5.4% |
Pakistan | 1.2 | 1.0 | 2.7 | 2.8 | 32.6% |
United States | 3.8 | 3.3 | 5.7 | 2.7 | -10.8% |
Sri Lanka | 2.7 | 2.3 | 2.6 | 2.7 | 0.0% |
India | 2.7 | 1.9 | 2.0 | 1.6 | -16.0% |
United Arab Emirates | N/A | N/A | N/A | 1.2 | 0% |
United Kingdom | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
Others | 17.4 | 14.2 | 20.5 | 14.5 | -5.9% |
Total | 97.4 | 104 | 164 | 102 | 1.6% |
Top Export Markets for Transfers (Decalcomanias) from Hong Kong SAR in 2022:
- China (675.7 tons)
- Vietnam (328.1 tons)
- Cambodia (84.2 tons)
- Indonesia (80.9 tons)
- Bangladesh (67.4 tons)
- Pakistan (52.5 tons)
- United States (49.8 tons)
- Jordan (45.8 tons)
- United Kingdom (34.4 tons)
- Sri Lanka (28.6 tons)
- Thailand (28.1 tons)
- United Arab Emirates (26.1 tons)
- India (25.3 tons)
Transfers (Decalcomanias) Imports in Hong Kong SAR
In 2022, supplies from abroad of transfers (decalcomanias)s decreased by -57.2% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports attained the peak of 2.5K tons, and then dropped rapidly in the following year.
In value terms, transfers (decalcomanias) imports shrank rapidly to $43M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $81M, and then reduced notably in the following year.
Import of Transfers (Decalcomanias) in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 37.0 | 32.8 | 39.5 | 28.0 | -8.9% |
South Korea | 1.4 | 9.6 | 26.4 | 6.4 | 66.0% |
Taiwan (Chinese) | 2.3 | 3.6 | 4.9 | 2.0 | -4.6% |
United States | 3.7 | 1.8 | 1.7 | 1.0 | -35.3% |
Others | 6.4 | 5.6 | 8.1 | 5.5 | -4.9% |
Total | 50.7 | 53.5 | 80.7 | 42.9 | -5.4% |
Top Suppliers of Transfers (Decalcomanias) to Hong Kong SAR in 2022:
- China (589.7 tons)
- South Korea (350.1 tons)
- Taiwan (Chinese) (47.7 tons)
- United States (43.0 tons)
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