Stationery Product Price in Hong Kong SAR - 2023

Contents:

  1. Stationery Product Price in Hong Kong SAR (CIF) - 2023
  2. Stationery Product Price in Hong Kong SAR (FOB) - 2023
  3. Stationery Product Imports in Hong Kong SAR
  4. Stationery Product Exports in Hong Kong SAR

Stationery Product Price in Hong Kong SAR (CIF) - 2023

The average stationery product import price stood at $4,475 per ton in June 2023, surging by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in August 2022 when the average import price increased by 34% m-o-m. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Taiwan (Chinese) ($31,869 per ton), while the price for China ($3,268 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 Taiwan (Chinese) (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Stationery Product Price in Hong Kong SAR (FOB) - 2023

The average stationery product export price stood at $7,486 per ton in June 2023, declining by -5% against the previous month. Overall, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, stationery product export price decreased by -20.1% against February 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 64% month-to-month. As a result, the export price attained the peak level of $9,366 per ton. From March 2023 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Taiwan (Chinese) ($104K per ton), while the average price for exports to the Philippines ($2,750 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Stationery Product Imports in Hong Kong SAR

In 2022, imports of stationery products into Hong Kong SAR contracted slightly to 24K tons, declining by -3.1% on 2021. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.1%.

In value terms, stationery product imports reduced to $56M in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6%.

Import of Stationery Product in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China71.247.654.645.4-13.9%
Japan4.54.03.43.4-8.9%
Sweden0.1N/AN/A0.571.0%
CanadaN/AN/AN/A0.10%
Others12.18.37.76.7-17.9%
Total88.060.065.756.0-14.0%

Top Suppliers of Stationery Product to Hong Kong SAR in 2022:

  1. China (21.5K tons)
  2. Canada (0.6K tons)
  3. Japan (0.5K tons)
  4. Sweden (0.4K tons)

Stationery Product Exports in Hong Kong SAR

In 2022, exports of stationery products from Hong Kong SAR shrank sharply to 4.6K tons, falling by -40.9% against the year before. In general, exports saw a dramatic descent. The smallest decline of -13.7% was in 2021.

In value terms, stationery product exports declined markedly to $30M in 2022. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of -11.4% was in 2021.

Export of Stationery Product in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States50.214.713.66.4-49.7%
Macao SAR4.64.75.04.81.4%
Japan9.910.07.73.9-26.7%
Australia8.33.34.02.7-31.2%
United Kingdom9.85.64.62.4-37.4%
Italy0.40.10.21.865.1%
China4.62.83.01.6-29.7%
Germany3.11.32.10.9-33.8%
Netherlands4.11.30.60.6-47.3%
Singapore2.41.50.70.5-40.7%
Canada8.91.50.30.2-71.8%
Others10.84.64.03.7-30.0%
Total11751.645.729.6-36.8%

Top Export Markets for Stationery Product from Hong Kong SAR in 2022:

  1. United States (1381.2 tons)
  2. China (586.2 tons)
  3. Australia (426.4 tons)
  4. United Kingdom (407.4 tons)
  5. Macao SAR (403.1 tons)
  6. Japan (382.8 tons)
  7. Italy (238.9 tons)
  8. Germany (134.6 tons)
  9. Netherlands (92.7 tons)
  10. Singapore (50.8 tons)
  11. Canada (29.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Stationery Product - Hong Kong SAR