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DHL Hong Kong Air Trade Leading Index (DTI)

DHL Hong Kong Air Trade Leading Index ("DTI") is a quarterly survey implemented by the Hong Kong Productivity Council ("HKPC"), and commissioned by DHL Express (Hong Kong) Limited ("DHL").

DTI is the first-of-its-kind in Hong Kong, offering publicly available market intelligence for local enterprises, especially SMEs which typically have limited resources or access to information, enabling all to take reference from a comprehensive business review of the sector in which they operate.

The Overall Index represents the air trade market outlook for the surveying quarter, in respect of import and (re-)export. The research also studies the underlying trends in business attributes, markets and air-freighted commodities, thus assisting local enterprises in arriving at a primed view of the business outlook of their markets.

 

DTI – First Quarter of 2023

Release Date: 17 Jan, 2023

DHL Hong Kong Air Trade Leading Index (DTI) 

REPORT SUMMARY

The Overall Air Trade Index has stabilised in Q1 2023 as a result of the improvement in import performance and a more positive outlook on B2C business. Despite the global economic uncertainties, nearly 60% of local air traders identified new potential markets in 2023.

  • Contributed by the growth in imports (+2.6 points), the Overall Air Trade Index slightly stabilised (+0.6 points) after the retreat in the previous quarter. Also, all sub-indices rebounded, especially Product Variety Index and Shipment Urgency Index, both of which rose by 4 points.
  • A strong recovery in Online B2C business outlook was observed, as the proportion of local air traders with online business expecting an increase in its sales in Q1 2023 rebounded by 10 percentage points.
  • Local traders had a better outlook on European (+4 points) and Asia Pacific (+2 points) markets at the start of 2023, while their outlook on the Americas markets has been on a downward trend since Q1 2022. Nevertheless, the United States was identified as the market with the highest potential in 2023 among the local air traders, followed by China and Germany.
  • Although global inflation is strongly affecting all aspects of the economy, over half (54%) of the local air traders had no plan to adjust their shipping prices in Q1 2023. Also, 23% indicated they would maintain their previous price adjustment range. The proportions of air traders who expected to increase or lower their shipping prices more than usual or lower were 10% and 13% respectively.
  • When asked to identify the market(s) with the highest potential in 2023, 57% of local air traders identified 1 to 2 market(s) outside of their main import / (re-)export markets, which implies the possibility of expansions to new markets.

Mr Edmond Lai, Chief Digital Officer of HKPC, commented, “Mixed results from this quarter’s Air Trade Index have been observed. On the positive side, the Overall Air Trade Index has slightly stabilised. Air traders had an improved outlook towards the European and Asia Pacific markets, and expectations towards online B2C business also became more positive. All these suggest that the worst time may be over. However, the declining trend in the Americas Index as well as the economic recession in the European markets have also brought along a gloomy outlook to the air trade business. Nevertheless, the United States was chosen to be the top market with the highest potentials in 2023, reflecting that air traders are still confident towards this traditional air trade market. On the other hand, with China re-opening to the world and Hong Kong lifting almost all its quarantine and social distancing measures, air traders are advised to get prepared for the increasing demand. They should also expand to other markets to minimise the impacts on business by the economic recession in Europe and continuous inflation in the United States.”

Download the latest report of DTI (PDF version) (Text-only version).

Download of DTI Quarterly Report

Quarter

Release Date

DTI – First Quarter of 2023 (PDF version)
DTI – First Quarter of 2023 (Text-only version)
Jan 17, 2023
DTI – Fourth Quarter of 2022 (PDF version)
DTI – Fourth Quarter of 2022 (Text-only version)
Oct 20, 2022
DTI – Third Quarter of 2022 (PDF version)
DTI – Third Quarter of 2022 (Text-only version)
Jul 21, 2022
DTI – Second Quarter of 2022 (PDF version)
DTI – Second Quarter of 2022 (Text-only version)
Apr 21, 2022
DTI – First Quarter of 2022 (PDF version)
DTI – First Quarter of 2022 (Text-only version)
Jan 20, 2022
DTI - Fourth Quarter of 2021 (PDF version)
DTI - Fourth Quarter of 2021 (Text-only version)
Oct 20, 2021
DTI - Third Quarter of 2021 (PDF version)
DTI - Third Quarter of 2021 (Text-only version)
Jul 20, 2021
DTI - Second Quarter of 2021 (PDF version)
DTI - Second Quarter of 2021 (Text-only version)
Apr 20, 2021
DTI - First Quarter of 2021 (PDF version)
DTI - First Quarter of 2021 (Text-only version)
Jan 28, 2021
DTI - Fourth Quarter of 2020 (PDF version)
DTI - Fourth Quarter of 2020 (Text-only version)
Oct 22, 2020
DTI - Third Quarter of 2020 (PDF version)
DTI - Third Quarter of 2020 (Text-only version)
Jul 23, 2020
DTI - Second Quarter of 2020 (PDF version)
DTI - Second Quarter of 2020 (Text-only version)
Apr 27, 2020
DTI - First Quarter of 2020 (PDF version)
DTI - First Quarter of 2020 (Text-only version)
Feb 5, 2020
DTI - Fourth Quarter of 2019 (PDF version)
DTI - Fourth Quarter of 2019 (Text-only version)
Nov 4, 2019
DTI - Third Quarter of 2019 (PDF version)
DTI - Third Quarter of 2019 (Text-only version)
Jul 31, 2019
DTI - Second Quarter of 2019 (PDF version)
DTI - Second Quarter of 2019 (Text-only version)
Apr 29, 2019
DTI - First Quarter of 2019 (PDF version)
DTI - First Quarter of 2019 (Text-only version)
Jan 25, 2019
DTI - Fourth Quarter of 2018 (PDF version)
DTI - Fourth Quarter of 2018 (Text-only version)
Nov 6, 2018
DTI - Third Quarter of 2018 (PDF version)
DTI - Third Quarter of 2018 (Text-only version)
Jul 31, 2018
DTI - Second Quarter of 2018 (PDF version)
DTI - Second Quarter of 2018 (Text-only version)
May 2, 2018
DTI - First Quarter of 2018 (PDF version)
DTI - First Quarter of 2018 (Text-only version)
Jan 31, 2018
DTI - Fourth Quarter of 2017 (PDF version)
DTI - Fourth Quarter of 2017 (Text-only version)
Nov 1, 2017
DTI - Third Quarter of 2017 (PDF version)
DTI - Third Quarter of 2017 (Text-only version)
Jul 27, 2017
DTI - Second Quarter of 2017 (PDF version)
DTI - Second Quarter of 2017 (Text-only version)
Apr 28, 2017
DTI - First Quarter of 2017 (PDF version)
DTI - First Quarter of 2017 (Text-only version)
Jan 25, 2017
DTI - Fourth Quarter of 2016 (PDF version)
DTI - Fourth Quarter of 2016 (Text-only version)
Nov 11, 2016
DTI - Third Quarter of 2016 (PDF version)
DTI - Third Quarter of 2016 (Text-only version)
Aug 8, 2016
DTI - Second Quarter of 2016 (PDF version)
DTI - Second Quarter of 2016 (Text-only version)
May 13, 2016
DTI - First Quarter of 2016 (PDF version)
DTI - First Quarter of 2016 (Text-only version)
Feb 19, 2016
DTI - Fourth Quarter of 2015 (PDF version)
DTI - Fourth Quarter of 2015 (Text-only version)
Nov 16, 2015
DTI - Third Quarter of 2015 (PDF version)
DTI - Third Quarter of 2015 (Text-only version)
Aug 11, 2015
DTI - Second Quarter of 2015 (PDF version)
DTI - Second Quarter of 2015 (Text-only version)
May 7, 2015
DTI - First Quarter of 2015 (PDF version)
DTI - First Quarter of 2015 (Text-only version)
Feb 6, 2015
DTI - Final Quarter of 2014 (PDF version)
DTI - Final Quarter of 2014 (Text-only version)
Nov 12, 2014

 

Methodology

Methodology

Index Calculation: Index = [100 x (Percentage of samples responding "Positive") ] + [50 x (Percentage of samples responding "Neutral") ] + [0 x (Percentage of samples responding "Negative") ]

 

Readings

Readings

  • Ratios of collected responses are used to form the indices.
  • An index value above 50 indicates an overall positive outlook while a reading below 50 represents an overall negative outlook for the surveyed quarter.
  • The further the reading is from 50, the more positive or negative the outlook is.

 

Demographics

  • Respondents are Hong Kong-based companies associated with either inbound or outbound air trade. It includes Watches, Clocks & Jewellery, Apparel & Clothing Accessories, Electronic Products & parts, Gifts, Toys & Houseware, Food & Beverage and Others (including courier service and other items which do not belong to the categories listed above).
  • Over 600 samples are collected in each quarter.
  • Sample companies are randomly selected from publicly available directories.

 

Disclaimer

This report contains survey result based on research findings.  HKPC will not be liable for any loss, mistake, delay, action or non-action by viewers of this report.

 

Enquiry

For more details about the Index, please contact HKPC at tel. (852) 2788 5306.