Hong Kong SAR, China - Blow Lamps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBlow Lamp Price in Hong Kong SAR - 2023
Contents:
- Blow Lamp Price in Hong Kong SAR (CIF) - 2022
- Blow Lamp Price in Hong Kong SAR (FOB) - 2022
- Blow Lamp Imports in Hong Kong SAR
- Blow Lamp Exports in Hong Kong SAR
Blow Lamp Price in Hong Kong SAR (CIF) - 2022
The average blow lamp import price stood at $16,915 per ton in 2022, shrinking by -10% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $22,382 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($17,000 per ton), while the price for China ($16,908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Blow Lamp Price in Hong Kong SAR (FOB) - 2022
The average blow lamp export price stood at $27,393 per ton in 2022, dropping by -18.3% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blow lamp export price decreased by -29.4% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 16%. Over the period under review, the average export prices hit record highs at $38,780 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.8% per year.
Blow Lamp Imports in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in supplies from abroad of blow lamps, which increased by 39% to 1.6 tons in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 399%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, blow lamp imports surged to $27K in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 343%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Blow Lamp in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 11.3 | 21.6 | 19.4 | 31.0% |
| United States | 0.1 | N/A | N/A | 6.9 | 310.2% |
| United Kingdom | 1.1 | N/A | N/A | 0.8 | -10.1% |
| Taiwan (Chinese) | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 2.5 | 11.3 | 21.7 | 27.1 | 121.3% |
Top Suppliers of Blow Lamp to Hong Kong SAR in 2022:
- China (1147.0 kg)
- United States (408.0 kg)
- United Kingdom (50.0 kg)
Blow Lamp Exports in Hong Kong SAR
In 2022, exports of blow lamps from Hong Kong SAR shrank to 107 kg, with a decrease of -14.4% on 2021 figures. Over the period under review, exports saw a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year.
In value terms, blow lamp exports shrank remarkably to $2.9K in 2022. Overall, exports saw a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year.
| Export of Blow Lamp in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 1.2 | 0.8 | 2.9 | -6.1% |
| South Korea | 0.3 | N/A | 1.3 | N/A | 108.2% |
| New Zealand | 0.8 | N/A | 0.1 | N/A | -64.6% |
| China | 1.2 | 1.8 | 0.1 | N/A | -71.1% |
| Uzbekistan | 9.9 | N/A | N/A | N/A | 0% |
| France | 1.2 | N/A | 0.2 | N/A | -59.2% |
| South Africa | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.9 | 0.3 | 0.8 | N/A | -5.7% |
| Total | 17.8 | 3.3 | 4.2 | 2.9 | -45.4% |
Top Export Markets for Blow Lamp from Hong Kong SAR in 2022:
- United States (107.0 kg)
This report provides an in-depth analysis of the blow lamp market in Hong Kong SAR, 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 25733083 - Blow lamps (excluding gas-operated welding appliances)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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
-
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
309
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