Price for Printed Matter in Single Sheets in Hong Kong SAR - 2023
Contents:
- Price for Printed Matter in Single Sheets in Hong Kong SAR (FOB) - 2022
- Price for Printed Matter in Single Sheets in Hong Kong SAR (CIF) - 2023
- Exports of Printed Matter in Single Sheets in Hong Kong SAR
- Imports of Printed Matter in Single Sheets in Hong Kong SAR
Price for Printed Matter in Single Sheets in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for printed matter in single sheets, whether or not folded amounted to $2,671 per ton, declining by -8.7% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. The export price peaked at $2,927 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($29,530 per ton), while the average price for exports to China ($1,199 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 the United States (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Printed Matter in Single Sheets in Hong Kong SAR (CIF) - 2023
The average import price for printed matter in single sheets, whether or not folded stood at $4,010 per ton in June 2023, growing by 49% against the previous month. In general, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, printed matter in single sheets import price increased by +49.4% against May 2023 indices. The import price peaked at $5,118 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($25,735 per ton), while the price for Taiwan (Chinese) ($1,506 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 the UK (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Printed Matter in Single Sheets in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of printed matter in single sheets, whether or not folded, which decreased by -49.6% to 2.2K tons in 2022. In general, exports faced a sharp downturn. The smallest decline of -3.2% was in 2021.
In value terms, printed matter in single sheets exports reduced remarkably to $5.8M in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of $13M, and then shrank rapidly in the following year.
| Export of Printed Matter in Single Sheets in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 5.8 | 5.4 | 2.2 | -29.9% |
| United States | 1.2 | 1.4 | 1.4 | 1.1 | -2.9% |
| Vietnam | 0.7 | 0.4 | 0.6 | 0.4 | -17.0% |
| France | N/A | 0.1 | 0.6 | 0.3 | 73.2% |
| Singapore | 0.6 | 0.9 | 0.8 | 0.2 | -30.7% |
| Malaysia | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Taiwan (Chinese) | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 1.7 | 1.9 | 3.7 | 1.3 | -8.6% |
| Total | 11.0 | 10.8 | 12.7 | 5.8 | -19.2% |
Top Export Markets for Printed Matter in Single Sheets from Hong Kong SAR in 2022:
- China (1821.3 tons)
- Singapore (67.2 tons)
- Vietnam (61.2 tons)
- Malaysia (41.6 tons)
- Taiwan (Chinese) (38.1 tons)
- United States (36.3 tons)
- France (32.7 tons)
Imports of Printed Matter in Single Sheets in Hong Kong SAR
In 2022, the amount of printed matter in single sheets, whether or not folded imported into Hong Kong SAR fell rapidly to 1.8K tons, declining by -39.1% against the previous year's figure. In general, imports faced a dramatic shrinkage. The smallest decline of -9.2% was in 2021.
In value terms, printed matter in single sheets imports contracted markedly to $6.1M in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 4.5% against the previous year. As a result, imports attained the peak of $9.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Printed Matter in Single Sheets in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 4.2 | 3.9 | 2.8 | -22.4% |
| United Kingdom | 1.0 | 1.3 | 0.6 | 0.9 | -3.5% |
| Japan | 0.7 | 3.1 | 2.7 | 0.8 | 4.6% |
| Taiwan (Chinese) | 0.7 | 0.8 | 0.9 | 0.5 | -10.6% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.7 | 1.0 | 0.0% |
| Total | 9.5 | 9.9 | 8.8 | 6.1 | -13.7% |
Top Suppliers of Printed Matter in Single Sheets to Hong Kong SAR in 2022:
- China (1216.1 tons)
- Taiwan (Chinese) (338.7 tons)
- Japan (109.6 tons)
- United Kingdom (65.8 tons)
- Thailand (45.5 tons)
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