Hong Kong SAR, China - Paper Hand Towels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPaper Hand Towels Price in Hong Kong SAR - 2023
Contents:
- Paper Hand Towels Price in Hong Kong SAR (CIF) - 2023
- Paper Hand Towels Price in Hong Kong SAR (FOB) - 2023
- Paper Hand Towels Imports in Hong Kong SAR
- Paper Hand Towels Exports in Hong Kong SAR
Paper Hand Towels Price in Hong Kong SAR (CIF) - 2023
The average paper hand towels import price stood at $1,688 per ton in June 2023, remaining stable against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 47% against the previous month. As a result, import price reached the peak level of $2,366 per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Korea ($3,068 per ton), while the price for China ($1,452 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.1%), while the prices for the other major suppliers experienced a decline.
Paper Hand Towels Price in Hong Kong SAR (FOB) - 2023
The average paper hand towels export price stood at $1,796 per ton in June 2023, picking up by 57% against the previous month. In general, the export price, however, saw a abrupt slump. Over the period under review, the average export prices hit record highs at $4,430 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Taiwan (Chinese) ($5,272 per ton), while the average price for exports to Macao SAR amounted to $1,519 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.1%).
Paper Hand Towels Imports in Hong Kong SAR
In 2022, the amount of paper hand towels imported into Hong Kong SAR expanded significantly to 86K tons, increasing by 11% on the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, paper hand towels imports surged to $158M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paper Hand Towels in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 85.5 | 90.4 | 81.1 | 101 | 5.7% |
| South Korea | 15.0 | 17.9 | 19.8 | 23.6 | 16.3% |
| Taiwan (Chinese) | 10.1 | 10.8 | 11.5 | 13.7 | 10.7% |
| Singapore | 3.4 | 3.9 | 3.9 | 4.7 | 11.4% |
| Others | 9.7 | 15.3 | 11.3 | 15.1 | 15.9% |
| Total | 124 | 138 | 128 | 158 | 8.4% |
Top Suppliers of Paper Hand Towels to Hong Kong SAR in 2022:
- China (65.9K tons)
- South Korea (7.6K tons)
- Taiwan (Chinese) (6.3K tons)
- Singapore (2.8K tons)
Paper Hand Towels Exports in Hong Kong SAR
In 2022, overseas shipments of paper hand towels decreased by -35.1% to 1.6K tons, falling for the second year in a row after two years of growth. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year. As a result, the exports attained the peak of 5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, paper hand towels exports fell notably to $6.5M in 2022. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Paper Hand Towels in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 5.6 | 5.2 | 5.1 | 3.2 | -17.0% |
| Japan | N/A | 3.5 | 0.5 | 0.8 | -52.2% |
| China | 1.1 | 1.4 | 0.9 | 0.7 | -14.0% |
| Malaysia | N/A | 0.1 | 0.7 | 0.4 | 100.0% |
| Philippines | 0.8 | 0.1 | 0.1 | 0.2 | -37.0% |
| Others | 0.9 | 3.7 | 1.0 | 1.2 | 10.1% |
| Total | 8.5 | 14.1 | 8.3 | 6.5 | -8.6% |
Top Export Markets for Paper Hand Towels from Hong Kong SAR in 2022:
- Macao SAR (678.8 tons)
- Japan (327.6 tons)
- Malaysia (219.0 tons)
- Philippines (137.1 tons)
- China (127.9 tons)
This report provides an in-depth analysis of the paper hand towels 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 17221160 - Hand towels of paper pulp, paper, cellulose wadding or webs of cellulose fibres
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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