TNAG-2028-FCO40-2890-Hong-Kong-freezing-of-Kuwaiti-and-Iraqi-assets-1990 — Page 24

Table 4

Impact of oil price hike on production cost in Hong Kong's manufacturing industries

Selected industries

Proportion of fuel cost in overall production cost

{*}

increase in overall production cost from a 10% increase in the prices of oil products

/1

Textiles

1.60

0.16

Textile finishing

8.09

0.81

Bleaching & dyeing

5.86

0.59

Basic metals

1.73

0.17

Food processing

1.04

0.10

Beverages

1.03

0.10

Transport equipment

0.72

0.07

Plastic products

0.37

0.04

Fabricated metal products

0.36

0.04

Wearing apparel

0.14

0.01

Manufacturing sector

as a whole

0.45

0.05

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