Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR - 2023

Contents:

  1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (CIF) - 2022
  2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (FOB) - 2022
  3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR
  4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $39,155 per ton, falling by -4.4% against the previous year. Overall, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 119% against the previous year. Over the period under review, average import prices reached the maximum at $62,220 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($195,977 per ton), while the price for China ($6,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $58,079 per ton, increasing by 44% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 58% against the previous year. The export price peaked 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 China ($111,023 per ton), while the average price for exports to Canada ($5,969 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 Malaysia (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR

In 2022, the amount of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds imported into Hong Kong SAR rose sharply to 163 tons, with an increase of 7.3% on the previous year's figure. Over the period under review, imports, however, continue to indicate a perceptible decline.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $6.4M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 76%. As a result, imports reached the peak of $6.4M; afterwards, it flattened through to 2022.

Import of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4374,0493,5263,85839.0%
Japan11115218866681.7%
Germany4381,1741,01258810.3%
Netherlands62.065.5634516102.7%
China584401244298-20.1%
United Kingdom25411911155.6-39.7%
Turkey59.837.547.147.9-7.1%
Others710430470361-20.2%
Total3,6556,4296,2316,39120.5%

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Hong Kong SAR in 2022:

  1. China (48.6 tons)
  2. Germany (45.5 tons)
  3. Netherlands (26.9 tons)
  4. United States (19.7 tons)
  5. Japan (12.9 tons)
  6. Turkey (2.7 tons)
  7. United Kingdom (2.4 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR

In 2022, overseas shipments of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds were finally on the rise to reach 69 tons after two years of decline. Overall, exports, however, recorded a abrupt shrinkage.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds surged to $4M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0391,8531,3763,12344.3%
United States10213028315815.7%
South Korea85.11872231139.9%
India29.512.541.892.146.2%
Singapore15111.433.475.8-20.5%
Macao SAR16612611975.8-23.0%
Brazil23024.417.543.8-42.5%
Poland11.40.42.038.850.4%
ChileN/A0.20.716.5808.3%
Italy2271991.79.0-65.9%
Canada25.638.83.97.1-34.8%
Germany67.566.036.05.6-56.4%
Others2312763202644.6%
Total2,3652,9262,4574,02219.4%

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Hong Kong SAR in 2022:

  1. China (28.1 tons)
  2. United States (8.8 tons)
  3. Singapore (7.9 tons)
  4. South Korea (3.2 tons)
  5. Brazil (3.0 tons)
  6. India (2.5 tons)
  7. Macao SAR (2.5 tons)
  8. Chile (1.8 tons)
  9. Poland (1.3 tons)
  10. Canada (1.2 tons)
  11. Italy (0.8 tons)
  12. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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