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Hong Kong SAR, China - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Hong Kong SAR, China - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Jun 22, 2023

Hong Kong's Paper Label Price Averages $14.6 per kg After Two Consecutive Months of Decline

Hong Kong Paper Label Export Price in March 2023

In March 2023, the paper label price stood at $14,642 per ton (FOB, Hong Kong), approximately reflecting the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 35% m-o-m. The export price peaked at $19,507 per ton in January 2023; however, from February 2023 to March 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In March 2023, the country with the highest price was Pakistan ($24,977 per ton), while the average price for exports to Italy ($2,838 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Paper Label in Hong Kong (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Pakistan18,25222,09222,98222,38717,58312,33024,90115,48627,59317,90533,32920,81324,977
India22,79932,09322,13124,40824,70319,26026,88527,94726,79224,58626,63113,93524,271
Vietnam12,95019,43319,98216,26019,25119,2956,39922,39421,55622,63420,65920,51520,583
Thailand18,65822,59724,80922,86323,35617,47720,36820,90917,61518,43720,20820,98820,288
United States17,26820,75028,06418,98215,98116,03210,03514,50613,82218,96815,94114,65019,636
Philippines18,03334,69523,24226,82126,96317,73825,01230,64632,62520,11629,58727,46518,423
Bangladesh17,53518,76219,04813,56721,21115,33120,45221,69610,65720,45519,28813,76713,547
Cambodia17,30318,58817,35816,99716,44813,92819,13419,72914,30917,85517,77516,76013,171
Sri Lanka22,76220,93320,71112,37026,67314,60218,99719,13021,87023,34718,62711,64613,044
China13,09415,76513,65911,44111,96810,91914,5498,44113,2039,93014,08311,83412,597
Indonesia15,1719,5659,44511,91115,04411,66811,24617,61217,11016,97818,56116,8208,905
Italy22,08528,11429,07125,85523,25626,47232,29624,78927,56020,07425,1785,0232,838
Average15,55118,17417,14515,60317,82715,29512,54516,87717,64517,75619,50714,67714,642

Hong Kong Paper Label Exports

In March 2023, shipments abroad of labels of paper or paperboard increased by 35% to 2.2K tons, rising for the second month in a row after four months of decline. Over the period under review, exports, however, recorded a slight downturn.

In value terms, paper label exports skyrocketed to $32M (IndexBox estimates) in March 2023. Overall, exports, however, recorded a mild slump.

Hong Kong Paper Label Exports by Country

China (409 tons), Vietnam (363 tons) and Indonesia (264 tons) were the main destinations of paper label exports from Hong Kong, together comprising 47% of total exports. Italy, Cambodia, Bangladesh, Sri Lanka, the United States, India, the Philippines, Pakistan and Thailand lagged somewhat behind, together comprising a further 40%.

From March 2022 to March 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +18.5%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($7.5M), China ($5.1M) and Cambodia ($2.5M) constituted the largest markets for paper label exported from Hong Kong worldwide, together comprising 47% of total exports. These countries were followed by Indonesia, Bangladesh, India, the United States, Pakistan, Sri Lanka, the Philippines, Italy and Thailand, which together accounted for a further 35%.

the United States, with a CAGR of +1.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper label 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 17291120 - Self-adhesive printed labels of paper or paperboard
  • Prodcom 17291140 - Printed labels of paper or paperboard (excluding selfadhesive)
  • Prodcom 17291160 - Self-adhesive labels of paper or paperboard (excluding printed)
  • Prodcom 17291180 - Labels of paper or paperboard (excluding printed, selfadhesive)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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