Hong Kong SAR, China - Plastic Parts For Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Plastic Parts For Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights

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Lamp Plastic Parts Price in Hong Kong SAR - 2023

Contents:

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

Lamp Plastic Parts Price in Hong Kong SAR (CIF) - 2022

The average lamp plastic parts import price stood at $11,664 per ton in 2022, surging by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2021 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($37,852 per ton), while the price for China stood at $10,275 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.1%).

Lamp Plastic Parts Price in Hong Kong SAR (FOB) - 2022

The average lamp plastic parts export price stood at $18,042 per ton in 2022, shrinking by -1.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 47%. Over the period under review, the average export prices hit record highs at $25,533 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($33,830 per ton), while the average price for exports to Turkey ($7,165 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 Canada (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports in Hong Kong SAR

In 2022, approx. 883 tons of plastic parts for lamps and lighting fittings were imported into Hong Kong SAR; shrinking by -39.9% against the previous year. Overall, imports showed a sharp curtailment. The smallest decline of -6.4% was in 2020.

In value terms, lamp plastic parts imports declined dramatically to $10M in 2022. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

Import of Lamp Plastic Parts in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.811.413.58.5-18.7%
Taiwan (Chinese)0.40.50.90.57.7%
Others2.62.11.51.3-20.6%
Total18.813.915.810.3-18.2%

Top Suppliers of Lamp Plastic Parts to Hong Kong SAR in 2022:

  1. China (825.6 tons)
  2. Taiwan (Chinese) (14.4 tons)

Lamp Plastic Parts Exports in Hong Kong SAR

Lamp plastic parts exports from Hong Kong SAR shrank notably to 486 tons in 2022, reducing by -18% against 2021 figures. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%.

In value terms, lamp plastic parts exports dropped significantly to $8.8M in 2022. Overall, exports faced a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 5.9% against the previous year.

Export of Lamp Plastic Parts in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4,4461,6631,5511,559-29.5%
China3,3582,2102,0781,558-22.6%
Finland4,1931,1708911,273-32.8%
Italy1,173697977606-19.8%
United Kingdom633488825512-6.8%
Germany666387410298-23.5%
Malaysia447484394270-15.5%
Canada360268428265-9.7%
Spain1632152721691.2%
Japan419145153146-29.6%
India37787.190.1113-33.1%
Turkey2418.938.458.7-37.5%
Others2,4882,4402,7671,935-8.0%
Total18,96510,26410,8748,762-22.7%

Top Export Markets for Lamp Plastic Parts from Hong Kong SAR in 2022:

  1. United States (100.9 tons)
  2. Finland (79.7 tons)
  3. Italy (59.8 tons)
  4. China (57.9 tons)
  5. Malaysia (31.3 tons)
  6. United Kingdom (27.8 tons)
  7. Germany (11.2 tons)
  8. Canada (10.8 tons)
  9. Spain (9.5 tons)
  10. Japan (9.1 tons)
  11. India (8.3 tons)
  12. Turkey (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lamp plastic parts 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 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

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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