Report Update Nov 1, 2024

Hong Kong SAR, China - Plastic Disposable Tableware and Kitchenware - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Hong Kong SAR, China: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in Hong Kong SAR, China

The Hong Kong plastic tableware and kitchenware market soared to $X in 2022, surging by 50% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted prominent growth. Plastic tableware and kitchenware consumption peaked in 2022 and is likely to see steady growth in years to come.

Exports of Plastic Tableware And Kitchenware

Exports from Hong Kong SAR, China

In 2022, overseas shipments of plastic tableware and kitchenware decreased by -69.1% to X tons, falling for the ninth year in a row after two years of growth. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 29% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic tableware and kitchenware exports fell sharply to $X in 2022. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2013 with an increase of 2.8% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), China (X tons) and the United Arab Emirates (X tons) were the main destinations of plastic tableware and kitchenware exports from Hong Kong SAR, with a combined 56% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +3.1%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Macao SAR ($X) were the largest markets for plastic tableware and kitchenware exported from Hong Kong SAR worldwide, together accounting for 59% of total exports. Taiwan (Chinese), Australia, France, Japan, Germany, Canada, the UK, the United Arab Emirates, Vietnam and Italy lagged somewhat behind, together accounting for a further 23%.

Taiwan (Chinese), with a CAGR of +0.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plastic tableware and kitchenware export price stood at $X per ton in 2022, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2014 an increase of 41% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Italy (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Tableware And Kitchenware

Imports into Hong Kong SAR, China

In 2022, purchases abroad of plastic tableware and kitchenware increased by 5.4% to X tons, rising for the third consecutive year after seven years of decline. Overall, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic tableware and kitchenware imports soared to $X in 2022. Over the period under review, imports, however, saw a mild decline. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main plastic tableware and kitchenware supplier to Hong Kong SAR, accounting for a 96% share of total imports. It was followed by Japan (X tons), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -2.7%.

In value terms, China ($X) constituted the largest supplier of plastic tableware and kitchenware to Hong Kong SAR, comprising 93% of total imports. The second position in the ranking was held by Japan ($X), with a 3.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average plastic tableware and kitchenware import price stood at $X per ton in 2022, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic tableware and kitchenware in the world?

The country with the largest volume of plastic tableware and kitchenware consumption was China, accounting for 25% of total volume. Moreover, plastic tableware and kitchenware consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.3% share.

What are the largest producers of plastic tableware and kitchenware in the world?

China constituted the country with the largest volume of plastic tableware and kitchenware production, comprising approx. 45% of total volume. Moreover, plastic tableware and kitchenware production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Turkey, with a 6.8% share.

What are the leading suppliers of plastic tableware and kitchenware to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of plastic tableware and kitchenware to Hong Kong SAR, comprising 89% of total imports. The second position in the ranking was occupied by Japan, with a 4.9% share of total imports.

What are the leading importers of plastic tableware and kitchenware from Hong Kong SAR, China?

In value terms, the United States remains the key foreign market for plastic tableware and kitchenware exports from Hong Kong SAR, comprising 34% of total exports. The second position in the ranking was occupied by China, with a 12% share of total exports. It was followed by Japan, with a 5.8% share.

What is the average export price for plastic tableware and kitchenware in Hong Kong SAR, China?

In 2021, the average plastic tableware and kitchenware export price amounted to $6,722 per ton, increasing by 19% against the previous year.

What is the average import price for plastic tableware and kitchenware in Hong Kong SAR, China?

The average plastic tableware and kitchenware import price stood at $3,509 per ton in 2021, declining by -14.2% against the previous year.

This report provides an in-depth analysis of the market for plastic tableware and kitchenware 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 22292320 - Tableware and kitchenware of plastic

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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