Hong Kong SAR, China: Sack Kraft Paper Market 2025

Sack Kraft Paper Market Size in Hong Kong SAR, China

The Hong Kong sack kraft paper market rose significantly to $X in 2022, with an increase of 8% against the previous year. Overall, consumption, however, recorded a perceptible shrinkage. Sack kraft paper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sack Kraft Paper Production in Hong Kong SAR, China

In value terms, sack kraft paper production reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a sharp curtailment. The growth pace was the most rapid in 2018 with an increase of 131% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sack Kraft Paper Exports

Exports from Hong Kong SAR, China

In 2022, the amount of sack kraft paper exported from Hong Kong SAR dropped dramatically to X tons, reducing by -29.8% on the previous year. In general, exports recorded a precipitous contraction. The growth pace was the most rapid in 2018 with an increase of 29% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sack kraft paper exports contracted remarkably to $X in 2022. Overall, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2018 when exports increased by 187% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for sack kraft paper exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to -20.9%.

In value terms, China ($X) also remains the key foreign market for sack kraft paper exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China stood at -24.6%.

Export Prices by Country

The average sack kraft paper export price stood at $X per ton in 2022, rising by 7.4% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 123%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 Vietnam amounted to +34.9% per year.

Sack Kraft Paper Imports

Imports into Hong Kong SAR, China

In 2022, the amount of sack kraft paper imported into Hong Kong SAR rose remarkably to X tons, growing by 11% on 2021 figures. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 192%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sack kraft paper imports totaled $X in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of sack kraft paper to Hong Kong SAR, with a 93% share of total imports. Moreover, sack kraft paper imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +32.9%.

In value terms, the United States ($X) constituted the largest supplier of sack kraft paper to Hong Kong SAR, comprising 86% of total imports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +28.0%.

Import Prices by Country

The average sack kraft paper import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.8%).

Source: IndexBox Platform