Hong Kong SAR, China - Perfumes And Toilet Waters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPerfume Price in Hong Kong SAR - 2023
Contents:
- Perfume Price in Hong Kong SAR (CIF) - 2022
- Perfume Price in Hong Kong SAR (FOB) - 2022
- Perfume Imports in Hong Kong SAR
- Perfume Exports in Hong Kong SAR
Perfume Price in Hong Kong SAR (CIF) - 2022
The average perfume import price stood at $55,914 per ton in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, perfume import price increased by +70.7% against 2012 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($55,855 per ton) and the United States ($55,855 per ton), while the price for Singapore ($55,855 per ton) and South Korea ($55,855 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Perfume Price in Hong Kong SAR (FOB) - 2022
The average perfume export price stood at $50,506 per ton in 2022, remaining constant against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, perfume export price increased by +16.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20%. The export price peaked at $51,111 per ton in 2021, and then shrank slightly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($50,507 per ton) and the Philippines ($50,506 per ton), while the average price for exports to Macao SAR ($50,506 per ton) and South Korea ($50,506 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Perfume Imports in Hong Kong SAR
After three years of growth, supplies from abroad of perfumes and toilet waters decreased by -34.9% to 8.3K tons in 2022. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year.
In value terms, perfume imports reduced rapidly to $465M in 2022. In general, imports saw a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 19%. As a result, imports reached the peak of $709M, and then fell sharply in the following year.
| Import of Perfume in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 102 | 98.3 | 132 | 101 | -0.3% |
| France | 83.0 | 52.4 | 82.4 | 78.9 | -1.7% |
| Singapore | 135 | 114 | 116 | 62.4 | -22.7% |
| China | 26.4 | 18.9 | 26.1 | 41.1 | 15.9% |
| United States | 58.6 | 50.6 | 46.6 | 37.9 | -13.5% |
| South Korea | 13.6 | 137 | 139 | 31.8 | 32.7% |
| Spain | 19.3 | 19.3 | 26.3 | 18.3 | -1.8% |
| Netherlands | 33.6 | 29.6 | 27.7 | 18.0 | -18.8% |
| Switzerland | 13.3 | 11.5 | 21.3 | 17.5 | 9.6% |
| Germany | 10.8 | 8.8 | 9.3 | 9.4 | -4.5% |
| United Arab Emirates | 9.6 | 13.8 | 20.0 | 8.6 | -3.6% |
| Others | 31.9 | 42.6 | 62.0 | 40.2 | 8.0% |
| Total | 537 | 597 | 709 | 465 | -4.7% |
Top Suppliers of Perfume to Hong Kong SAR in 2022:
- Italy (1808.7 tons)
- France (1412.8 tons)
- Singapore (1117.3 tons)
- China (735.4 tons)
- United States (678.8 tons)
- South Korea (569.9 tons)
- Spain (327.7 tons)
- Netherlands (322.8 tons)
- Switzerland (312.7 tons)
- Germany (169.1 tons)
- United Arab Emirates (154.0 tons)
Perfume Exports in Hong Kong SAR
In 2022, approx. 8.6K tons of perfumes and toilet waters were exported from Hong Kong SAR; stabilizing at the previous year's figure. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, perfume exports dropped to $434M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $438M, leveling off in the following year.
| Export of Perfume in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.5 | 116 | 209 | 225 | 33.1% |
| Macao SAR | 61.9 | 83.5 | 129 | 89.0 | 12.9% |
| Singapore | 37.7 | 31.1 | 38.9 | 32.4 | -4.9% |
| United States | 30.9 | 23.9 | 19.8 | 19.1 | -14.8% |
| United Arab Emirates | N/A | N/A | 0.4 | 15.5 | 3775.0% |
| South Korea | 0.4 | 1.6 | 6.1 | 8.6 | 178.1% |
| Philippines | 10.1 | 4.7 | 5.4 | 8.4 | -6.0% |
| Vietnam | 4.9 | 5.8 | 7.0 | 7.8 | 16.8% |
| Taiwan (Chinese) | 1.9 | 3.8 | 4.3 | 6.6 | 51.4% |
| Japan | 7.7 | 4.8 | 3.9 | 5.1 | -12.8% |
| Others | 30.5 | 12.2 | 14.6 | 16.5 | -18.5% |
| Total | 281 | 288 | 438 | 434 | 15.6% |
Top Export Markets for Perfume from Hong Kong SAR in 2022:
- China (4455.4 tons)
- Macao SAR (1762.8 tons)
- Singapore (642.1 tons)
- United States (377.7 tons)
- United Arab Emirates (306.7 tons)
- South Korea (170.4 tons)
- Philippines (165.8 tons)
- Vietnam (153.7 tons)
- Taiwan (Chinese) (130.9 tons)
- Japan (100.5 tons)
This report provides an in-depth analysis of the perfume 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 20421150 - Perfumes
- Prodcom 20421170 - Toilet waters
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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This report provides an in-depth analysis of the perfume market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global perfume market.
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This report provides an in-depth analysis of the perfume market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global perfume market.
211
Explore the top import markets for perfume around the world and get insights into the industry with key statistics and numbers.
987
In value terms, perfumery, cosmetic and toilet preparations imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
1089
In value terms, perfumery, cosmetic and toilet preparations exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
2343
In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...
1870
In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...
211
Explore the top import markets for perfume around the world and get insights into the industry with key statistics and numbers.
987
In value terms, perfumery, cosmetic and toilet preparations imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
1089
In value terms, perfumery, cosmetic and toilet preparations exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
2343
In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...
1870
In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...
