China - Festive Or Carnival Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExport of Festive Articles in China Decreases by 9% to $3.8B in 2023
China Festive Articles Exports
For the third consecutive year, China recorded growth in shipments abroad of festive or carnival articles, which increased by 1.2% to 329K tons in 2023. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 56% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in the near future.
In value terms, festive articles exports declined to $3.8B (IndexBox estimates) in 2023. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 70% against the previous year. Over the period under review, the exports attained the peak figure at $4.1B in 2022, and then contracted in the following year.
| COUNTRY | Export Value of Festive Articles in China (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 172 | 231 | 278 | 379 | 787 | 916 | 891 | 1,082 | 2,023 | 2,471 | 2,168 |
| United Kingdom | 16.7 | 24.0 | 32.4 | 40.8 | 65.3 | 85.7 | 107 | 95.2 | 145 | 155 | 140 |
| Netherlands | 14.8 | 28.2 | 33.2 | 37.7 | 48.6 | 61.7 | 66.0 | 53.2 | 70.3 | 92.5 | 102 |
| Canada | 9.7 | 11.7 | 14.4 | 20.3 | 59.8 | 98.6 | 102 | 136 | 93.4 | 102 | 98.4 |
| Australia | 7.6 | 9.1 | 11.0 | 11.3 | 14.0 | 20.9 | 20.9 | 24.4 | 54.1 | 89.9 | 94.8 |
| South Korea | 0.6 | 1.0 | 1.5 | 2.5 | 4.8 | 10.6 | 19.3 | 25.4 | 55.8 | 101 | 82.2 |
| Malaysia | 2.3 | 3.8 | 59.3 | 50.3 | 22.1 | 27.8 | 64.6 | 36.2 | 61.0 | 74.4 | 82.0 |
| Germany | 15.3 | 20.1 | 23.6 | 23.6 | 32.3 | 46.5 | 56.2 | 42.1 | 61.3 | 76.3 | 65.5 |
| Singapore | 1.7 | 10.5 | 101 | 86.8 | 24.3 | 28.8 | 71.5 | 66.4 | 27.2 | 70.6 | 54.2 |
| Others | 113 | 145 | 268 | 245 | 340 | 399 | 510 | 507 | 803 | 898 | 885 |
| Total | 354 | 485 | 822 | 897 | 1,398 | 1,696 | 1,909 | 2,068 | 3,395 | 4,129 | 3,772 |
Exports by Country
the United States (155K tons) was the main destination for festive articles exports from China, accounting for a 47% share of total exports. Moreover, festive articles exports to the United States exceeded the volume sent to the second major destination, the Netherlands (12K tons), more than tenfold. The third position in this ranking was taken by the UK (11K tons), with a 3.5% share.
From 2013 to 2023, the average annual growth rate of volume to the United States amounted to +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+19.1% per year) and the UK (+13.0% per year).
In value terms, the United States ($2.2B) remains the key foreign market for festive or carnival articles exports from China, comprising 57% of total exports. The second position in the ranking was taken by the UK ($140M), with a 3.7% share of total exports. It was followed by the Netherlands, with a 2.7% share.
From 2013 to 2023, the average annual rate of growth in terms of value to the United States amounted to +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+23.7% per year) and the Netherlands (+21.3% per year).
Export Prices by Country
In 2023, the festive articles price stood at $11,453 per ton (FOB, China), with a decrease of -9.7% against the previous year. Overall, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,683 per ton in 2022, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($19,109 per ton), while the average price for exports to India ($4,433 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the festive articles market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32995150 - Festive, carnival or other entertainment articles, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
