Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR - 2023

Contents:

  1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (FOB) - 2022
  2. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (CIF) - 2023
  3. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR
  4. Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $2.7 per unit, reducing by -35.5% against the previous year. Overall, the export price saw a slight contraction. The pace of growth was the most pronounced in 2013 an increase of 41% against the previous year. As a result, the export price attained the peak level of $4.4 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7.4 per unit), while the average price for exports to Russia ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $1.8 per unit, reducing by -37.3% against the previous month. Overall, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. The import price peaked at $2.8 per unit in October 2023, and then declined remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($3.0 per unit), while the price for China amounted to $1.4 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (-2.0%).

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR

In 2022, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses from Hong Kong SAR declined remarkably to 10M units, dropping by -45.2% on 2021. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 6.9%. Over the period under review, the exports of attained the peak figure at 28M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses dropped dramatically to $28M in 2022. Over the period under review, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked at $96M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.337.035.315.8-33.7%
China3.21.911.92.5-7.9%
United Kingdom6.45.65.31.1-44.4%
Russia0.10.20.20.9108.0%
Germany2.41.51.10.5-40.7%
Canada2.41.81.20.3-50.0%
Netherlands5.96.17.60.3-63.0%
Australia2.91.41.10.2-59.0%
Italy2.12.54.60.1-63.8%
Others15.910.911.36.3-26.6%
Total95.568.879.728.2-33.4%

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Hong Kong SAR in 2022:

  1. United States (7.5M units)
  2. China (0.7M units)
  3. Russia (0.5M units)
  4. United Kingdom (0.4M units)
  5. Canada (0.1M units)
  6. Netherlands (0.1M units)
  7. Germany (0.1M units)

Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR

Imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses into Hong Kong SAR contracted markedly to 7.5M units in 2022, dropping by -68.5% compared with the previous year's figure. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked at 27M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses dropped dramatically to $23M in 2022. In general, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 59%. As a result, imports attained the peak of $60M, and then fell sharply in the following year.

Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.233.954.718.2-26.2%
United Kingdom0.10.10.21.9166.8%
Japan1.10.70.90.9-6.5%
United States0.70.50.70.6-5.0%
Italy1.20.91.80.5-25.3%
Others1.21.71.91.20.0%
Total49.637.960.223.3-22.3%

Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Hong Kong SAR in 2022:

  1. China (6.2M units)
  2. United Kingdom (0.4M units)
  3. Japan (0.3M units)
  4. United States (0.2M units)
  5. Italy (0.1M units)

Source: IndexBox Market Intelligence Platform

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