Price for Engravings, Prints and Lithographs; Original in Hong Kong SAR - 2023
Contents:
- Price for Engravings, Prints and Lithographs; Original in Hong Kong SAR (CIF) - 2022
- Price for Engravings, Prints and Lithographs; Original in Hong Kong SAR (FOB) - 2022
- Imports of Engravings, Prints and Lithographs; Original in Hong Kong SAR
- Exports of Engravings, Prints and Lithographs; Original in Hong Kong SAR
Price for Engravings, Prints and Lithographs; Original in Hong Kong SAR (CIF) - 2022
The average import price for engravings, prints and lithographs; originals stood at $240 per unit in 2022, approximately mirroring the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engravings, prints and lithographs; original import price increased by +18.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $241 per unit, leveling off in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($277 per unit) and the UK ($275 per unit), while the price for Italy ($217 per unit) and South Korea ($217 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Engravings, Prints and Lithographs; Original in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for engravings, prints and lithographs; originals amounted to $289 per unit, surging by 11% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engravings, prints and lithographs; original export price increased by +3.2% against 2016 indices. The growth pace was the most rapid in 2016 an increase of 56%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($307 per unit), while the average price for exports to Belgium ($141 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Engravings, Prints and Lithographs; Original in Hong Kong SAR
In 2022, imports of engravings, prints and lithographs; originals into Hong Kong SAR contracted dramatically to 25K units, declining by -64.3% compared with the previous year. Over the period under review, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports attained the peak figure at 358K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, engravings, prints and lithographs; original imports fell dramatically to $5.9M in 2022. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Over the period under review, imports attained the peak figure at $76M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Engravings, Prints and Lithographs; Original in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.0 | 1.6 | 6.6 | 2.0 | -20.6% |
| United States | 69.8 | 8.4 | 7.3 | 1.2 | -74.2% |
| Japan | 0.5 | 0.1 | 0.3 | 1.1 | 30.1% |
| China | 0.3 | 0.1 | 0.2 | 0.7 | 32.6% |
| France | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Switzerland | 0.5 | 0.7 | 0.2 | 0.2 | -26.3% |
| South Korea | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.1 | 0.5 | 1.9 | 0.2 | -43.3% |
| Total | 76.4 | 11.4 | 16.6 | 5.9 | -57.4% |
Top Suppliers of Engravings, Prints and Lithographs; Original to Hong Kong SAR in 2022:
- United Kingdom (7.4K units)
- United States (5.5K units)
- Japan (4.7K units)
- China (3.0K units)
- Switzerland (1.0K units)
- France (0.9K units)
- South Korea (0.8K units)
- Italy (0.4K units)
Exports of Engravings, Prints and Lithographs; Original in Hong Kong SAR
After two years of decline, overseas shipments of engravings, prints and lithographs; originals increased by 206% to 30K units in 2022. Over the period under review, exports, however, saw a significant contraction. The exports peaked at 279K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, engravings, prints and lithographs; original exports surged to $8.6M in 2022. In general, exports, however, faced a dramatic contraction. Over the period under review, the exports reached the peak figure at $71M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Engravings, Prints and Lithographs; Original in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.4 | 0.6 | 0.1 | 2.5 | 84.2% |
| United States | 69.1 | 0.9 | 0.7 | 2.4 | -67.4% |
| Japan | 0.1 | N/A | 0.3 | 1.8 | 162.1% |
| Australia | N/A | N/A | N/A | 0.7 | 0% |
| United Kingdom | 0.3 | 0.5 | 0.4 | 0.4 | 10.1% |
| China | 0.6 | 0.3 | 0.4 | 0.2 | -30.7% |
| South Korea | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.5 | 0.7 | 0.5 | 0.5 | 0.0% |
| Total | 71.0 | 3.1 | 2.5 | 8.6 | -50.5% |
Top Export Markets for Engravings, Prints and Lithographs; Original from Hong Kong SAR in 2022:
- Singapore (8.7K units)
- United States (8.3K units)
- Japan (6.1K units)
- Australia (2.1K units)
- United Kingdom (1.5K units)
- China (0.7K units)
- South Korea (0.6K units)
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