Hong Kong SAR, China: Stationery Market 2024

Stationery Market Size in Hong Kong SAR, China

The Hong Kong stationery market contracted to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, continues to indicate a pronounced contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Stationery Production in Hong Kong SAR, China

In value terms, stationery production soared to $X in 2022 estimated in export price. Overall, production enjoyed a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of X%. Stationery production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Stationery Exports

Exports from Hong Kong SAR, China

For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of articles of stationery, which decreased by X% to X tons in 2022. Over the period under review, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stationery exports dropped markedly to $X in 2022. Overall, exports recorded a abrupt shrinkage. The smallest decline of X% was in 2019. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for stationery exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, stationery exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the UK (X% per year).

In value terms, the United States ($X), Australia ($X) and the UK ($X) appeared to be the largest markets for stationery exported from Hong Kong SAR worldwide, with a combined X% share of total exports. Italy, Japan, China, Macao SAR, Germany, the Netherlands, France and Canada lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average stationery export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China ($X 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 Macao SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stationery Imports

Imports into Hong Kong SAR, China

Stationery imports into Hong Kong SAR fell markedly to X tons in 2022, reducing by X% against 2021. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, stationery imports shrank rapidly to $X in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of stationery to Hong Kong SAR, accounting for a X% share of total imports. Moreover, stationery imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of articles of stationery to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

In 2022, the average stationery import price amounted to $X per ton, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%).

Source: IndexBox Platform