Hong Kong SAR, China - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Label Price in Hong Kong SAR - 2023
Contents:
- Paper Label Price in Hong Kong SAR (FOB) - 2023
- Paper Label Price in Hong Kong SAR (CIF) - 2023
- Paper Label Exports in Hong Kong SAR
- Paper Label Imports in Hong Kong SAR
Paper Label Price in Hong Kong SAR (FOB) - 2023
The average paper label export price stood at $17,607 per ton in August 2023, surging by 31% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in October 2022 an increase of 35% against the previous month. Over the period under review, the average export prices hit record highs at $19,507 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($22,750 per ton), while the average price for exports to Myanmar ($4,073 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 Pakistan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Label Price in Hong Kong SAR (CIF) - 2023
In August 2023, the average paper label import price amounted to $8,381 per ton, growing by 14% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $10,601 per ton. From November 2022 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.
Paper Label Exports in Hong Kong SAR
Paper label exports from Hong Kong SAR declined markedly to 27K tons in 2022, shrinking by -25.8% against the previous year's figure. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 36K tons, and then declined significantly in the following year.
In value terms, paper label exports reduced to $415M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 18%.
Export of Paper Label in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 94.8 | 81.1 | 101 | 84.6 | -3.7% |
China | 104 | 80.4 | 86.0 | 58.6 | -17.4% |
Bangladesh | 46.0 | 33.1 | 38.4 | 34.5 | -9.1% |
Indonesia | 33.7 | 23.2 | 33.4 | 32.9 | -0.8% |
Cambodia | 33.3 | 30.1 | 35.4 | 28.0 | -5.6% |
India | 31.5 | 24.5 | 26.1 | 24.0 | -8.7% |
United States | 20.9 | 16.1 | 17.6 | 16.1 | -8.3% |
Philippines | 13.8 | 10.7 | 13.1 | 12.9 | -2.2% |
Pakistan | 14.9 | 11.5 | 13.5 | 12.0 | -7.0% |
Sri Lanka | 11.4 | 9.5 | 12.8 | 11.5 | 0.3% |
Thailand | 11.2 | 8.7 | 10.7 | 8.2 | -9.9% |
Turkey | 6.0 | 4.9 | 5.4 | 5.8 | -1.1% |
Taiwan (Chinese) | 11.5 | 6.7 | 5.1 | 3.6 | -32.1% |
Others | 85.0 | 63.8 | 79.4 | 81.8 | -1.3% |
Total | 518 | 404 | 478 | 415 | -7.1% |
Top Export Markets for Paper Label from Hong Kong SAR in 2022:
- Vietnam (5.3K tons)
- China (4.8K tons)
- Indonesia (2.5K tons)
- Bangladesh (2.0K tons)
- United States (1.9K tons)
- Cambodia (1.7K tons)
- India (1.4K tons)
- Pakistan (0.6K tons)
- Philippines (0.6K tons)
- Sri Lanka (0.6K tons)
- Turkey (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Thailand (0.4K tons)
Paper Label Imports in Hong Kong SAR
In 2022, the amount of labels of paper or paperboard imported into Hong Kong SAR declined remarkably to 28K tons, with a decrease of -32.1% compared with the previous year. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 41K tons, and then declined sharply in the following year.
In value terms, paper label imports contracted to $254M in 2022. Over the period under review, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32%.
Import of Paper Label in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 261 | 179 | 245 | 233 | -3.7% |
Others | 32.3 | 24.8 | 24.4 | 20.8 | -13.6% |
Total | 293 | 204 | 269 | 254 | -4.6% |
Top Suppliers of Paper Label to Hong Kong SAR in 2022:
- China (26.9K tons)
This report provides an in-depth analysis of the paper label 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 17291120 - Self-adhesive printed labels of paper or paperboard
- Prodcom 17291140 - Printed labels of paper or paperboard (excluding selfadhesive)
- Prodcom 17291160 - Self-adhesive labels of paper or paperboard (excluding printed)
- Prodcom 17291180 - Labels of paper or paperboard (excluding printed, selfadhesive)
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
-
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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The exports of Paper Label experienced a decline in growth from April 2023 to October 2023, with a decrease in value to $27M in October 2023.
In March 2023, the paper label price stood at $14,642 per ton (FOB, Hong Kong), approximately reflecting the previous month.
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The exports of Paper Label experienced a decline in growth from April 2023 to October 2023, with a decrease in value to $27M in October 2023.
In March 2023, the paper label price stood at $14,642 per ton (FOB, Hong Kong), approximately reflecting the previous month.
Global paper label imports stood at X tons in 2016, shrinking by -X% against the previous year figure. Overall, paper label imports continue to indicate a relatively flat trend pattern. The growt...