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The company said the increase, which takes effect on January 1, 2021, is being made to "continuously ensure the resilience of its network and constantly maintain high service standards".

Senior vice president and managing director, DHL Express Hong Kong and Macau, Chee Choong Ng, said: "The annual price adjustment enables us to further develop our infrastructure, renew our aircraft fleet with lower carbon emission and apply state-of-the-art technologies and equipment in our delivery processes to ensure best-in-class customer solutions. These and future advances will help us, our customers and partners, make a significant contribution to improving our ecological footprint and meeting the challenges arising from unprecedented growth from e-commerce."

DHL Express explained that prices are adjusted on an annual basis, taking into consideration inflation and currency dynamics such as administrative costs related to regulatory and security measures.

"These measures are updated by national and international authorities on a regular basis in each of the more than 220 countries and territories that DHL Express serves. Depending on local conditions, price adjustments will vary from country to country, and will apply to all customers where contracts allow," the company said in a statement.