Hong Kong SAR, China - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Price in Hong Kong SAR - 2023
Contents:
- Plastic Box Price in Hong Kong SAR (FOB) - 2022
- Plastic Box Price in Hong Kong SAR (CIF) - 2022
- Plastic Box Exports in Hong Kong SAR
- Plastic Box Imports in Hong Kong SAR
Plastic Box Price in Hong Kong SAR (FOB) - 2022
The average plastic box export price stood at $4,233 per ton in 2022, growing by 2.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 13%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($4,233 per ton) and Vietnam ($4,233 per ton), while the average price for exports to Singapore ($4,233 per ton) and Macao SAR ($4,233 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Box Price in Hong Kong SAR (CIF) - 2022
The average plastic box import price stood at $4,598 per ton in 2022, with an increase of 7.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.2% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($4,598 per ton) and Taiwan (Chinese) ($4,598 per ton), while the price for Singapore ($4,598 per ton) and China ($4,598 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Box Exports in Hong Kong SAR
In 2022, plastic box exports from Hong Kong SAR contracted dramatically to 21K tons, with a decrease of -35.9% against 2021 figures. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year.
In value terms, plastic box exports fell dramatically to $89M in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
Export of Plastic Box in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 25.5 | 27.7 | 25.0 | 20.0 | -7.8% |
South Korea | 1.0 | 1.0 | 3.8 | 17.3 | 158.6% |
United States | 25.4 | 19.7 | 23.9 | 9.8 | -27.2% |
Japan | 11.9 | 12.3 | 16.7 | 6.5 | -18.3% |
Philippines | 0.9 | 0.6 | 3.8 | 6.4 | 92.3% |
Macao SAR | 4.1 | 4.0 | 4.0 | 3.4 | -6.0% |
Vietnam | 7.9 | 3.5 | 3.7 | 3.0 | -27.6% |
Italy | 5.4 | 3.7 | 7.6 | 2.6 | -21.6% |
Switzerland | 8.8 | 6.6 | 9.1 | 2.5 | -34.3% |
France | 3.5 | 2.0 | 2.0 | 1.9 | -18.4% |
Germany | 5.3 | 2.8 | 2.9 | 1.6 | -32.9% |
United Kingdom | 6.8 | 6.5 | 6.1 | 1.5 | -39.6% |
Canada | 5.3 | 3.1 | 1.8 | 0.7 | -49.1% |
Others | 29.8 | 19.3 | 24.2 | 11.4 | -27.4% |
Total | 142 | 113 | 135 | 88.6 | -14.5% |
Top Export Markets for Plastic Box from Hong Kong SAR in 2022:
- China (4.7K tons)
- South Korea (4.1K tons)
- United States (2.3K tons)
- Philippines (1.5K tons)
- Japan (1.5K tons)
- Macao SAR (0.8K tons)
- Vietnam (0.7K tons)
- Italy (0.6K tons)
- Switzerland (0.6K tons)
- France (0.4K tons)
- United Kingdom (0.4K tons)
- Germany (0.4K tons)
- Canada (0.2K tons)
Plastic Box Imports in Hong Kong SAR
In 2022, plastic box imports into Hong Kong SAR totaled 26K tons, standing approx. at the previous year. Over the period under review, imports, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 5% against the previous year.
In value terms, plastic box imports rose rapidly to $121M in 2022. The total import value increased at an average annual rate of +3.2% over the period 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 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Box in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 78.9 | 72.6 | 90.2 | 94.4 | 6.2% |
Singapore | 0.3 | 0.9 | 0.6 | 6.1 | 172.9% |
Macao SAR | 6.8 | 5.7 | 5.8 | 5.0 | -9.7% |
South Korea | 0.3 | 0.3 | 0.2 | 4.0 | 137.1% |
Japan | 4.7 | 4.5 | 5.3 | 3.8 | -6.8% |
United States | 3.3 | 2.3 | 2.0 | 2.1 | -14.0% |
Philippines | 3.2 | 5.0 | 1.8 | N/A | -25.0% |
Others | 12.2 | 7.5 | 6.3 | 5.2 | -24.7% |
Total | 110 | 98.8 | 112 | 121 | 3.2% |
Top Suppliers of Plastic Box to Hong Kong SAR in 2022:
- Philippines (undefinedK tons)
- China (20.5K tons)
- Singapore (1.3K tons)
- Macao SAR (1.1K tons)
- South Korea (0.9K tons)
- Japan (0.8K tons)
- United States (0.5K tons)
This report provides an in-depth analysis of the plastic box 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:
- Prodcom 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
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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