Hong Kong SAR, China - Christmas Decoration - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChristmas Decoration Price in Hong Kong SAR - 2023
Contents:
- Christmas Decoration Price in Hong Kong SAR (CIF) - 2023
- Christmas Decoration Price in Hong Kong SAR (FOB) - 2023
- Christmas Decoration Imports in Hong Kong SAR
- Christmas Decoration Exports in Hong Kong SAR
Christmas Decoration Price in Hong Kong SAR (CIF) - 2023
The average christmas decoration import price stood at $5.6 per unit in October 2023, rising by 38% against the previous month. Over the period under review, the import price, however, saw a slight decline. The growth pace was the most rapid in February 2023 when the average import price increased by 193% m-o-m. Over the period under review, average import prices attained the peak figure at $6.6 per unit in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($7.4 per unit), while the price for China ($4.5 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced a decline.
Christmas Decoration Price in Hong Kong SAR (FOB) - 2023
The average christmas decoration export price stood at $8.2 per unit in October 2023, growing by 84% against the previous month. Overall, the export price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 98% m-o-m. As a result, the export price reached the peak level of $16.8 per unit. From February 2023 to October 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Norway ($22.0 per unit), while the average price for exports to China ($913 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Christmas Decoration Imports in Hong Kong SAR
In 2022, the amount of christmas decoration imported into Hong Kong SAR contracted dramatically to 2M units, dropping by -81.3% compared with the year before. In general, imports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 11M units, and then reduced notably in the following year.
In value terms, christmas decoration imports shrank rapidly to $9.7M in 2022. Overall, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $33M, and then shrank remarkably in the following year.
| Import of Christmas Decoration in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.5 | 16.1 | 31.3 | 7.9 | -27.2% |
| Japan | 1.1 | 0.7 | 0.8 | 0.8 | -10.1% |
| United States | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Taiwan (Chinese) | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Others | 0.5 | 0.5 | 0.9 | 0.7 | 11.9% |
| Total | 22.6 | 17.5 | 33.2 | 9.7 | -24.6% |
Top Suppliers of Christmas Decoration to Hong Kong SAR in 2022:
- China (1607.6K units)
- Japan (242.9K units)
- United States (99.2K units)
- Taiwan (Chinese) (34.9K units)
Christmas Decoration Exports in Hong Kong SAR
In 2022, the amount of christmas decoration exported from Hong Kong SAR reduced markedly to 1.5M units, shrinking by -83.6% compared with the previous year's figure. In general, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 17%. The exports peaked at 11M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, christmas decoration exports fell rapidly to $8.7M in 2022. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $50M, and then dropped dramatically in the following year.
| Export of Christmas Decoration in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.0 | 17.9 | 24.0 | 5.2 | -41.5% |
| China | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Norway | N/A | N/A | N/A | 0.3 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Canada | 1.9 | 1.7 | 1.1 | 0.1 | -62.5% |
| Qatar | N/A | N/A | N/A | 0.1 | 0% |
| Australia | 1.9 | 1.1 | 0.9 | 0.1 | -62.5% |
| United Kingdom | 3.2 | 3.4 | 4.1 | 0.1 | -68.5% |
| Spain | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Netherlands | 5.6 | 5.9 | 7.5 | N/A | 15.7% |
| Indonesia | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Italy | 1.7 | 2.3 | 4.5 | N/A | 62.7% |
| Others | 7.3 | 5.5 | 6.9 | 2.1 | -34.0% |
| Total | 48.9 | 38.6 | 49.6 | 8.7 | -43.8% |
Top Export Markets for Christmas Decoration from Hong Kong SAR in 2022:
- United States (992.7K units)
- China (129.3K units)
- Norway (58.6K units)
- United Arab Emirates (47.7K units)
- Spain (38.8K units)
- United Kingdom (33.6K units)
- Qatar (23.2K units)
- Canada (14.4K units)
- Netherlands (9.3K units)
- Australia (7.7K units)
- Italy (7.5K units)
- Indonesia (1.6K units)
This report provides an in-depth analysis of the christmas decoration 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 32995130 - Articles for Christmas festivities (excluding electric garlands, n atural Christmas trees, Christmas tree stands, candles, s tatuettes, statues and the like used for decorating places of worship)
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
207
This report provides an in-depth analysis of the christmas decoration market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the festive articles market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global christmas decoration market.
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This report provides an in-depth analysis of the global festive articles market.
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This report provides an in-depth analysis of the christmas decoration market in Hong Kong SAR, China.
210
This report provides an in-depth analysis of the festive articles market in Hong Kong SAR, China.
539
This report provides an in-depth analysis of the global christmas decoration market.
471
This report provides an in-depth analysis of the global festive articles market.
92
During the review period, Christmas Decoration imports peaked at 752K units in July 2023. Subsequently, import volumes decreased from August 2023 to November 2023. In terms of value, Christmas Decoration imports dropped to $1.1M in November 2023.
149
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
135
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.
92
During the review period, Christmas Decoration imports peaked at 752K units in July 2023. Subsequently, import volumes decreased from August 2023 to November 2023. In terms of value, Christmas Decoration imports dropped to $1.1M in November 2023.
149
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
135
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.
