Hong Kong SAR, China - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInk Price in Hong Kong SAR - 2023
Contents:
- Ink Price in Hong Kong SAR (FOB) - 2023
- Ink Price in Hong Kong SAR (CIF) - 2022
- Ink Exports in Hong Kong SAR
- Ink Imports in Hong Kong SAR
Ink Price in Hong Kong SAR (FOB) - 2023
The average ink export price stood at $18,110 per ton in June 2023, dropping by -23.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 30% against the previous month. As a result, the export price attained the peak level of $23,703 per ton, and then dropped significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($18,093 per ton), while the average price for exports to Kenya ($2,399 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.2%), while the prices for the other major destinations experienced a decline.
Ink Price in Hong Kong SAR (CIF) - 2022
The average ink import price stood at $17,851 per ton in 2022, with an increase of 7.5% against the previous year. Over the period under review, import price indicated a noticeable expansion 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. Based on 2022 figures, ink import price increased by +91.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 40%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 ($28,177 per ton), while the price for Vietnam ($5,910 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ink Exports in Hong Kong SAR
After three years of growth, shipments abroad of inks (excluding printing ink) decreased by -18.6% to 3.2K tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, the exports attained the peak of 4K tons, and then contracted markedly in the following year.
In value terms, ink exports fell to $58M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 58% against the previous year.
| Export of Ink in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.2 | 34.0 | 55.4 | 53.7 | 40.9% |
| Thailand | 3.5 | 3.6 | 5.0 | 0.8 | -38.9% |
| Japan | 2.1 | 2.0 | 2.0 | 0.5 | -38.0% |
| Others | 1.7 | 2.2 | 3.1 | 2.7 | 16.7% |
| Total | 26.5 | 41.8 | 65.4 | 57.7 | 29.6% |
Top Export Markets for Ink from Hong Kong SAR in 2022:
- China (2978.8 tons)
- Thailand (80.4 tons)
- Japan (44.0 tons)
Ink Imports in Hong Kong SAR
In 2022, purchases abroad of inks (excluding printing ink) decreased by -56.5% to 663 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 6.7% against the previous year. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ink imports dropped remarkably to $12M in 2022. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of $38M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ink in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.6 | 14.1 | 10.9 | 5.1 | -24.0% |
| China | 11.6 | 11.7 | 7.1 | 1.1 | -54.4% |
| United States | 1.1 | 3.1 | 0.9 | 0.9 | -6.5% |
| Germany | 0.8 | 0.6 | 0.9 | 0.9 | 4.0% |
| Taiwan (Chinese) | 1.4 | 1.8 | 0.9 | 0.6 | -24.6% |
| United Kingdom | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
| Italy | 1.9 | 1.6 | 0.5 | 0.2 | -52.8% |
| Vietnam | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Others | 3.9 | 4.7 | 3.6 | 2.6 | -12.6% |
| Total | 32.9 | 38.2 | 25.3 | 11.8 | -29.0% |
Top Suppliers of Ink to Hong Kong SAR in 2022:
- Japan (179.4 tons)
- United States (119.7 tons)
- Germany (105.2 tons)
- China (104.3 tons)
- Vietnam (33.3 tons)
- Taiwan (Chinese) (31.2 tons)
- Italy (28.0 tons)
- United Kingdom (24.9 tons)
This report provides an in-depth analysis of the ink market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20593000 - Inks (excluding printing ink)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the ink market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the printing ink market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the black printing ink market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the color printing ink market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global ink market.
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This report provides an in-depth analysis of the global printing ink market.
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This report provides an in-depth analysis of the global black printing ink market.
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This report provides an in-depth analysis of the global color printing ink market.
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This report provides an in-depth analysis of the ink market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the printing ink market in Hong Kong SAR, China.
211
In June 2023, the value of Ink exports experienced a rapid decline, shrinking to $2M.
254
The price of printing ink reached CIF $19,420 per ton in January 2023, a 25% increase from the previous month, in Hong Kong, China
140
Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.
991
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
4163
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
1332
Despite a slight dip in exports, Germany continued its dominance in the global printing ink trade. In 2014, Germany exported X thousand tons of printing ink totaling X million USD, X% under the previous year. Its primary trading partner was Fra
211
In June 2023, the value of Ink exports experienced a rapid decline, shrinking to $2M.
254
The price of printing ink reached CIF $19,420 per ton in January 2023, a 25% increase from the previous month, in Hong Kong, China
140
Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.
991
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
