Price for Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR
- Exports of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR
Price for Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $1,830,579 per ton in 2022, waning by -28.4% against the previous year. In general, the import price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 74% against the previous year. The import price peaked at $4,859,023 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,981,000 per ton), while the price for Japan ($1,198,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $539,864 per ton, rising by 13% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 227% against the previous year. Over the period under review, the average export prices attained the maximum at $3,206,505 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.6% per year.
Imports of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR
In 2022, the amount of lustres; liquid lustres and similar preparationses imported into Hong Kong SAR contracted rapidly to 321 kg, dropping by -50.8% on the year before. Over the period under review, imports showed a sharp setback. The smallest decline of -21% was in 2021.
In value terms, imports of lustres; liquid lustres and similar preparationses contracted sharply to $588K in 2022. In general, imports saw a sharp contraction. The smallest decline of -7.3% was in 2021.
| Import of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 248 | 794 | 423 | 391 | 16.4% |
| Turkey | N/A | 886 | 1,107 | 125 | -62.4% |
| Germany | 8,545 | 89.6 | 127 | 66.1 | -80.2% |
| Japan | 1.8 | 30.1 | 11.6 | 6.0 | 49.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8,795 | 1,800 | 1,669 | 588 | -59.4% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Hong Kong SAR in 2022:
- United States (236.0 kg)
- Germany (55.0 kg)
- Turkey (25.0 kg)
- Japan (5.0 kg)
Exports of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR
After two years of decline, shipments abroad of lustres; liquid lustres and similar preparationses increased by 103% to 236 kg in 2022. In general, exports, however, showed a significant curtailment.
In value terms, exports of lustres; liquid lustres and similar preparationses soared to $127K in 2022. Overall, exports, however, saw a dramatic shrinkage.
| Export of Lustres; Liquid Lustres and Similar Preparations in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 193 | 43.3 | 54.3 | 127 | -13.0% |
| Japan | 266 | N/A | N/A | N/A | 0% |
| Vietnam | 802 | 351 | N/A | N/A | -56.2% |
| Taiwan (Chinese) | 655 | N/A | N/A | N/A | 0% |
| Others | 22.5 | N/A | 1.4 | N/A | -75.1% |
| Total | 1,938 | 395 | 55.7 | 127 | -59.7% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Hong Kong SAR in 2022:
- China (236.0 kg)
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