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 2024
Release Date: 18 Jan, 2024
REPORT SUMMARY
Local Air Traders anticipated Q1 2024 trade outlook to be just slightly better than that of the same period in 2023.
- Overall Air Trade Index retreated by 3.4 points from the traditional peak season last quarter.
- 10% of local air traders stated that the outcome of the latest traditional peak season, i.e. Q4 2023, was better than their initial expectations, while 45% reported that the performance was worse than expected. The remaining 45% of respondents indicated that their actual numbers were close to their expectations.
- 24% of local air traders expressed a positive outlook towards the pre-Chinese New Year (CNY) holiday when compared to the same period in 2023, while 36% had a negative outlook.
- In looking towards to post-CNY period until the end of Q1 2024, local air traders were more conservative, with 20% expecting more sales orders than last year and 46% expecting a similar number of sales orders.
- The other Asia Pacific market#, Gifts, Toys and Houseware, as well as B2C were the three key drivers of Q1 2024 sales. The rest were expected to be softer than last quarter, but most of them were at similar levels as the same period last year.
Mr Edmond Lai, Chief Digital Officer of HKPC, commented, “The overall air trade market remains soft in Q1 2024, with the Overall Trade Index further fell by 3.4 points to 36.0 points. All markets, except for the other Asia Pacific markets, suffered declines at different magnitudes, and the Americas is the market suffering the greatest drop of 9 points. With the business outcome in the Q4 traditional peak season of 2023 behind expectations, air traders have become conservative towards their trade outlook this quarter, especially business after the Chinese New Year. With the risk of economic downturn expected to continue for a certain period, air traders should get themselves prepared for this long-term challenge. They are also advised to explore opportunities in other markets, particularly in the other Asia Pacific region.”
#The “other Asia Pacific market” in this study refers to other markets in the Asia-Pacific region besides China and Japan, i.e. Southeast Asia (for examples, Singapore, Malaysia, Thailand, Vietnam), India, Taiwan, South Korea, and Australia, etc.
Download the latest report of DTI (PDF version) (Text-only version).
Download of DTI Quarterly Report
Quarter
|
Release Date
|
DTI – First Quarter of 2024 (PDF version)
DTI – First Quarter of 2024 (Text-only version) |
Jan 18, 2024 |
DTI – Fourth Quarter of 2023 (PDF version)
DTI – Fourth Quarter of 2023 (Text-only version) |
Oct 19, 2023 |
DTI – Third Quarter of 2023 (PDF version)
DTI – Third Quarter of 2023 (Text-only version) |
Jul 20, 2023 |
DTI – Second Quarter of 2023 (PDF version)
DTI – Second Quarter of 2023 (Text-only version) |
Apr 27, 2023 |
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
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
- 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 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 items and other items that 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.
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