Hong Kong SAR, China - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWrapping Papers Price in Hong Kong SAR - 2023
Contents:
- Wrapping Papers Price in Hong Kong SAR (CIF) - 2022
- Wrapping Papers Price in Hong Kong SAR (FOB) - 2023
- Wrapping Papers Imports in Hong Kong SAR
- Wrapping Papers Exports in Hong Kong SAR
Wrapping Papers Price in Hong Kong SAR (CIF) - 2022
In 2022, the average wrapping papers import price amounted to $1,031 per ton, which is down by -15.9% against the previous year. Overall, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 11%. The import price peaked at $1,468 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 ($7,999 per ton), while the price for Indonesia ($491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wrapping Papers Price in Hong Kong SAR (FOB) - 2023
The average wrapping papers export price stood at $8,011 per ton in June 2023, picking up by 107% against the previous month. In general, the export price posted a prominent increase. The pace of growth was the most pronounced in August 2022 when the average export price increased by 279% against the previous month. Over the period under review, the average export prices attained the maximum in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($8,120 per ton), while the average price for exports to Macao SAR amounted to $2,890 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.7%).
Wrapping Papers Imports in Hong Kong SAR
After two years of decline, overseas purchases of wrapping paper, packaging paper and paperboard increased by 22% to 34K tons in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wrapping papers imports amounted to $35M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wrapping Papers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 14.6 | 13.8 | 15.9 | 9.2% |
| China | 7.6 | 7.8 | 9.9 | 9.5 | 7.7% |
| Indonesia | N/A | N/A | 0.2 | 3.5 | 1650.0% |
| South Korea | 3.6 | 2.5 | 4.1 | 2.2 | -15.1% |
| Germany | 0.7 | 1.9 | 1.3 | 0.9 | 8.7% |
| United Kingdom | 1.6 | 0.5 | 1.5 | 0.4 | -37.0% |
| Vietnam | 3.1 | 0.1 | 0.2 | N/A | -74.6% |
| Others | 5.3 | 4.2 | 3.3 | 2.9 | -18.2% |
| Total | 34.0 | 31.5 | 34.2 | 35.2 | 1.2% |
Top Suppliers of Wrapping Papers to Hong Kong SAR in 2022:
- United States (16.7K tons)
- Indonesia (7.1K tons)
- China (7.1K tons)
- South Korea (0.9K tons)
- Germany (0.6K tons)
- United Kingdom (0.2K tons)
Wrapping Papers Exports in Hong Kong SAR
In 2022, exports of wrapping paper, packaging paper and paperboard from Hong Kong SAR reduced to 5.9K tons, which is down by -7% against 2021 figures. Overall, exports continue to indicate a precipitous shrinkage.
In value terms, wrapping papers exports dropped rapidly to $19M in 2022. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.
| Export of Wrapping Papers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.9 | 21.4 | 23.9 | 18.4 | -22.1% |
| Others | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Total | 39.3 | 21.7 | 24.3 | 18.9 | -21.7% |
Top Export Markets for Wrapping Papers from Hong Kong SAR in 2022:
- China (5.8K tons)
This report provides an in-depth analysis of the wrapping papers 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.
Product coverage:
- FCL 1621 - Wrapping papers
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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