Hong Kong SAR, China - Chandeliers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Chandeliers - Market Analysis, Forecast, Size, Trends and Insights

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Chandelier Price in Hong Kong SAR - 2021

Contents:

  1. Chandelier Price in Hong Kong SAR (CIF) - 2022
  2. Chandelier Price in Hong Kong SAR (FOB) - 2022
  3. Chandelier Imports in Hong Kong SAR
  4. Chandelier Exports in Hong Kong SAR

Chandelier Price in Hong Kong SAR (CIF) - 2022

In 2022, the average chandelier import price amounted to $9,592 per ton, increasing by 3.2% against the previous year. Overall, the import price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 8.6% against the previous year. Over the period under review, average import prices hit record highs at $39,030 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($101,672 per ton), while the price for China amounted to $11,898 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%).

Chandelier Price in Hong Kong SAR (FOB) - 2022

In 2022, the average chandelier export price amounted to $287,902 per ton, reducing by -16.7% against the previous year. Overall, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 36%. As a result, the export price reached the peak level of $345,789 per ton, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($83,180 per ton), while the average price for exports to Taiwan (Chinese) ($10,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports in Hong Kong SAR

In 2022, the amount of chandeliers imported into Hong Kong SAR fell to 6.5K tons, dropping by -7.5% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 18%.

In value terms, chandelier imports fell to $63M in 2022. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.9%.

Import of Chandelier in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China42.338.435.038.5-3.1%
Italy7.36.04.75.5-9.0%
Others23.415.626.118.9-6.9%
Total73.059.965.862.8-4.9%

Top Suppliers of Chandelier to Hong Kong SAR in 2022:

  1. China (3.2K tons)
  2. Italy (0.1K tons)

Chandelier Exports in Hong Kong SAR

Chandelier exports from Hong Kong SAR skyrocketed to 183 tons in 2022, increasing by 37% on the year before. Over the period under review, exports, however, showed a abrupt downturn.

In value terms, chandelier exports amounted to $53M in 2022. In general, exports, however, continue to indicate a abrupt shrinkage.

Export of Chandelier in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.925.35.318.1-18.1%
China10.05.02.95.5-18.1%
Japan5.76.32.34.4-8.3%
Macao SAR5.34.12.03.5-12.9%
Italy1.61.71.82.719.1%
Canada1.72.50.51.4-6.3%
Taiwan (Chinese)0.90.90.91.313.0%
United Kingdom0.70.60.60.98.7%
Others19.313.029.815.0-8.1%
Total78.159.346.152.7-12.3%

Top Export Markets for Chandelier from Hong Kong SAR in 2022:

  1. United States (888.5 tons)
  2. Japan (366.2 tons)
  3. Canada (133.9 tons)
  4. Taiwan (Chinese) (130.2 tons)
  5. China (72.5 tons)
  6. United Kingdom (52.3 tons)
  7. Macao SAR (48.4 tons)
  8. Italy (32.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chandelier 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 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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