
Hong Kong SAR, China - Uncoated Kraft Liner - Market Analysis, Forecast, Size, Trends and Insights
Hong Kong SAR, China: Uncoated Kraft Liner Market 2023
Uncoated Kraft Liner Market Size in Hong Kong SAR, China
In 2021, the Hong Kong uncoated kraft liner market decreased by -0.6% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +127.5% against 2012 indices. Uncoated kraft liner consumption peaked at $X in 2020, and then shrank slightly in the following year.
Uncoated Kraft Liner Production in Hong Kong SAR, China
In value terms, uncoated kraft liner production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +16.0% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of 43% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced modestly in the following year.
Uncoated Kraft Liner Exports
Exports from Hong Kong SAR, China
In 2021, approx. X tons of uncoated kraft liner were exported from Hong Kong SAR; waning by -24.3% against the year before. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2014 when exports increased by 211%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.
In value terms, uncoated kraft liner exports shrank dramatically to $X in 2021. In general, exports faced a abrupt decrease. The growth pace was the most rapid in 2014 when exports increased by 277% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
China (X tons), Thailand (X tons) and Cambodia (X tons) were the main destinations of uncoated kraft liner exports from Hong Kong SAR, together accounting for 55% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of +66.3%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for uncoated kraft liner exported from Hong Kong SAR were China ($X), Cambodia ($X) and Thailand ($X), with a combined 45% share of total exports.
Cambodia, with a CAGR of +67.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average uncoated kraft liner export price stood at $X per ton in 2021, reducing by -12.2% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2014 an increase of 21%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Uncoated Kraft Liner Imports
Imports into Hong Kong SAR, China
In 2021, after three years of decline, there was significant growth in purchases abroad of uncoated kraft liner, when their volume increased by 88% to X tons. Overall, imports enjoyed a modest increase. The growth pace was the most rapid in 2014 with an increase of 298% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, uncoated kraft liner imports surged to $X in 2021. In general, imports showed a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 330%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
Malaysia (X tons), New Zealand (X tons) and Sweden (X tons) were the main suppliers of uncoated kraft liner imports to Hong Kong SAR, together accounting for 59% of total imports. The United States, China, Russia and Germany lagged somewhat behind, together comprising a further 26%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +89.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Malaysia ($X), New Zealand ($X) and China ($X) appeared to be the largest uncoated kraft liner suppliers to Hong Kong SAR, together accounting for 55% of total imports. Sweden, the United States, Russia and Germany lagged somewhat behind, together comprising a further 29%.
In terms of the main suppliers, Russia, with a CAGR of +48.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average uncoated kraft liner import price amounted to $X per ton, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2015 an increase of 15%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the uncoated kraft liner market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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