Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR - 2023
Contents:
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (CIF) - 2022
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (FOB) - 2022
- Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR
- Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $6,778 per ton, growing by 5.3% against the previous year. Over the period under review, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 28%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Germany ($18,773 per ton), while the price for China ($3,523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $13,911 per ton, jumping by 67% against the previous year. In general, the export price enjoyed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($33,650 per ton), while the average price for exports to the United Arab Emirates ($4,242 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 the Philippines (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR
Imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china into Hong Kong SAR dropped to 4K tons in 2022, which is down by -11% compared with 2021. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%.
In value terms, imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china declined to $27M in 2022. Overall, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year.
| Import of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.1 | 9.8 | 11.0 | 11.0 | -7.9% |
| Indonesia | 2.1 | 1.2 | 2.0 | 3.5 | 18.6% |
| Japan | 3.8 | 3.1 | 3.9 | 2.9 | -8.6% |
| Germany | 1.1 | 1.0 | 2.1 | 1.8 | 17.8% |
| Thailand | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Egypt | 0.6 | N/A | N/A | N/A | 0% |
| Others | 7.8 | 6.2 | 9.9 | 7.7 | -0.4% |
| Total | 29.8 | 21.6 | 29.3 | 27.4 | -2.8% |
Top Suppliers of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China to Hong Kong SAR in 2022:
- China (3125.7 tons)
- Japan (294.2 tons)
- Indonesia (208.9 tons)
- Germany (93.5 tons)
- Thailand (73.1 tons)
Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR
In 2022, the amount of tableware, kitchenware, other household articles and toilet articles; of porcelain or china exported from Hong Kong SAR dropped markedly to 512 tons, with a decrease of -53.2% on 2021 figures. In general, exports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year.
In value terms, exports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china plummeted to $7.1M in 2022. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year.
| Export of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 2,329 | 504 | 3,929 | 1,477 | -14.1% |
| China | 1,620 | 1,363 | 621 | 1,125 | -11.4% |
| South Korea | 2,084 | 578 | 885 | 1,061 | -20.2% |
| Macao SAR | 1,286 | 806 | 1,414 | 987 | -8.4% |
| Taiwan (Chinese) | 227 | 453 | 197 | 446 | 25.2% |
| Singapore | 126 | 40.4 | 113 | 339 | 39.1% |
| Thailand | 39.5 | 82.3 | 101 | 338 | 104.5% |
| United States | 623 | 234 | 439 | 334 | -18.8% |
| France | 149 | 60.1 | 74.7 | 143 | -1.4% |
| Australia | 80.4 | 231 | 196 | 97.1 | 6.5% |
| Canada | 119 | 23.6 | 51.2 | 88.1 | -9.5% |
| United Kingdom | 199 | 41.6 | 66.4 | 86.3 | -24.3% |
| United Arab Emirates | 287 | 259 | 92.1 | 60.1 | -40.6% |
| Others | 1,505 | 940 | 939 | 540 | -28.9% |
| Total | 10,672 | 5,617 | 9,119 | 7,122 | -12.6% |
Top Export Markets for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China from Hong Kong SAR in 2022:
- Philippines (95.5 tons)
- United States (75.0 tons)
- South Korea (53.0 tons)
- China (52.3 tons)
- Thailand (34.6 tons)
- Macao SAR (29.3 tons)
- Taiwan (Chinese) (18.7 tons)
- Canada (16.9 tons)
- Singapore (16.1 tons)
- Australia (15.4 tons)
- United Arab Emirates (14.2 tons)
- United Kingdom (14.1 tons)
- France (13.5 tons)
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