Hong Kong SAR, China - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLaser Price in Hong Kong SAR - 2023
Contents:
- Laser Price in Hong Kong SAR (FOB) - 2023
- Laser Price in Hong Kong SAR (CIF) - 2022
- Laser Exports in Hong Kong SAR
- Laser Imports in Hong Kong SAR
Laser Price in Hong Kong SAR (FOB) - 2023
The average laser export price stood at $37.8 per unit in June 2023, with an increase of 28% against the previous month. In general, the export price, however, recorded a mild curtailment. The pace of growth was the most pronounced in August 2022 when the average export price increased by 176% against the previous month. As a result, the export price attained the peak level of $111 per unit. From September 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.
Laser Price in Hong Kong SAR (CIF) - 2022
The average laser import price stood at $109 per unit in 2022, which is down by -14.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2020 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure at $129 per unit in 2021, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($109 per unit) and the United States ($109 per unit), while the price for South Korea ($109 per unit) and Thailand ($109 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Laser Exports in Hong Kong SAR
In 2022, shipments abroad of lasers, other than laser diodes decreased by -26.1% to 2M units, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 4.5M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, laser exports reduced sharply to $245M in 2022. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. As a result, the exports reached the peak of $535M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Laser in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 384 | 528 | 365 | 237 | -14.9% |
| Others | 14.1 | 7.1 | 7.5 | 8.2 | -16.5% |
| Total | 398 | 535 | 372 | 245 | -14.9% |
Top Export Markets for Laser from Hong Kong SAR in 2022:
- China (1910.0K units)
Laser Imports in Hong Kong SAR
In 2022, overseas purchases of lasers, other than laser diodes decreased by -50.4% to 810K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 2.6M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, laser imports dropped sharply to $89M in 2022. In general, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 55%. As a result, imports reached the peak of $320M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Laser in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 87.4 | 111 | 60.7 | 36.7 | -25.1% |
| China | 79.0 | 126 | 106 | 16.3 | -40.9% |
| Malaysia | 1.5 | 1.4 | 1.5 | 8.0 | 74.7% |
| United States | 7.1 | 5.9 | 5.1 | 5.1 | -10.4% |
| Germany | 5.3 | 4.6 | 6.9 | 4.6 | -4.6% |
| Denmark | 2.0 | 2.7 | 3.2 | 3.7 | 22.8% |
| South Korea | 5.5 | 45.7 | 12.3 | 2.2 | -26.3% |
| Lithuania | 1.1 | 0.7 | 0.4 | 2.0 | 22.1% |
| France | 1.5 | 2.1 | 2.6 | 1.9 | 8.2% |
| Japan | 3.7 | 4.1 | 2.6 | 1.8 | -21.4% |
| Sweden | 1.2 | 1.8 | 1.4 | 1.7 | 12.3% |
| Others | 11.9 | 13.6 | 7.2 | 4.7 | -26.6% |
| Total | 207 | 320 | 210 | 88.7 | -24.6% |
Top Suppliers of Laser to Hong Kong SAR in 2022:
- Thailand (335.4K units)
- China (149.2K units)
- Malaysia (73.0K units)
- United States (46.2K units)
- Germany (42.4K units)
- Denmark (33.8K units)
- South Korea (20.2K units)
- Lithuania (18.4K units)
- France (17.0K units)
- Japan (16.2K units)
- Sweden (15.8K units)
This report provides an in-depth analysis of the laser 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 26702330 - Lasers (excluding laser diodes, machines and appliances incorporating lasers)
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
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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
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