Price for Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR - 2022
Contents:
- Price for Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (CIF) - 2022
- Price for Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (FOB) - 2022
- Imports of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR
- Exports of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR
Price for Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for antiques; of an age exceeding one hundred yearses amounted to $5,666,324 per ton, declining by -32.4% against the previous year. Over the period under review, the import price, however, posted a strong increase. The growth pace was the most rapid in 2016 when the average import price increased by 79%. The import price peaked at $8,378,711 per ton in 2021, and then fell rapidly in the following year.
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 Japan ($17,379,007 per ton), while the price for Germany ($1,503,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (FOB) - 2022
The average export price for antiques; of an age exceeding one hundred yearses stood at $6,111,960 per ton in 2022, dropping by -41.3% against the previous year. Overall, the export price, however, showed a strong increase. The growth pace was the most rapid in 2021 an increase of 76%. As a result, the export price attained the peak level of $10,407 per kg, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($17,504,788 per ton), while the average price for exports to Macao SAR ($524,301 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 the Netherlands (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR
In 2022, approx. 54 tons of antiques; of an age exceeding one hundred yearses were imported into Hong Kong SAR; with a decrease of -29% compared with 2021 figures. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year.
In value terms, imports of antiques; of an age exceeding one hundred yearses reduced notably to $301M in 2022. Overall, imports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 54%.
| Import of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 221 | 109 | 163 | 94.0 | -24.8% |
| United Kingdom | 93.1 | 62.6 | 141 | 61.6 | -12.9% |
| France | 67.4 | 54.3 | 40.6 | 49.7 | -9.7% |
| China | 196 | 72.4 | 108 | 24.8 | -49.8% |
| Japan | 17.5 | 17.8 | 33.6 | 23.1 | 9.7% |
| Taiwan (Chinese) | 14.1 | 0.3 | 5.7 | 18.7 | 9.9% |
| Netherlands | 15.1 | 1.2 | 0.4 | 5.8 | -27.3% |
| Singapore | 50.2 | 3.2 | 6.2 | 3.3 | -59.6% |
| Others | 47.6 | 29.2 | 42.6 | 19.8 | -25.4% |
| Total | 723 | 350 | 541 | 301 | -25.3% |
Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Hong Kong SAR in 2022:
- United States (19.2 tons)
- United Kingdom (14.3 tons)
- France (6.5 tons)
- China (4.2 tons)
- Taiwan (Chinese) (2.8 tons)
- Netherlands (1.5 tons)
- Japan (1.3 tons)
- Singapore (0.6 tons)
Exports of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of antiques; of an age exceeding one hundred yearses, when their volume decreased by -61.2% to 30 tons. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports reached the peak of 77 tons, and then declined sharply in the following year.
In value terms, exports of antiques; of an age exceeding one hundred yearses fell sharply to $129M in 2022. Over the period under review, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 3.9% against the previous year.
| Export of Antiques; of an Age Exceeding One Hundred Years in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.1 | 0.1 | 23.0 | 35.6 | 608.7% |
| United States | 46.6 | 36.3 | 39.0 | 20.1 | -24.4% |
| France | 5.3 | 7.4 | 17.7 | 16.2 | 45.1% |
| United Kingdom | 139 | 25.7 | 39.3 | 14.2 | -53.3% |
| Japan | 15.4 | 13.4 | 17.7 | 11.2 | -10.1% |
| Netherlands | 23.7 | 7.6 | 1.3 | 9.4 | -26.5% |
| Switzerland | 16.6 | 9.3 | 8.4 | 8.5 | -20.0% |
| China | 14.7 | 112 | 93.6 | 5.5 | -27.9% |
| Belgium | 3.0 | 0.6 | 0.7 | 1.3 | -24.3% |
| Macao SAR | N/A | 1.6 | 1.2 | 1.1 | -17.1% |
| United Arab Emirates | N/A | N/A | 2.6 | 0.8 | -69.2% |
| Singapore | 2.3 | 26.4 | 4.3 | 0.6 | -36.1% |
| Others | 2.4 | 1.7 | 2.7 | 3.9 | 17.6% |
| Total | 269 | 242 | 252 | 129 | -21.7% |
Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Hong Kong SAR in 2022:
- Taiwan (Chinese) (7.7 tons)
- China (7.2 tons)
- United Kingdom (4.7 tons)
- United States (2.1 tons)
- Macao SAR (2.1 tons)
- France (1.6 tons)
- United Arab Emirates (1.1 tons)
- Belgium (0.9 tons)
- Netherlands (0.8 tons)
- Switzerland (0.5 tons)
- Japan (0.5 tons)
- Singapore (0.1 tons)
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