Hong Kong SAR, China - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Set for Christmas Trees in Hong Kong SAR - 2021
Contents:
- Price for Lighting Set for Christmas Trees in Hong Kong SAR (CIF) - 2022
- Price for Lighting Set for Christmas Trees in Hong Kong SAR (FOB) - 2021
- Imports of Lighting Set for Christmas Trees in Hong Kong SAR
- Exports of Lighting Set for Christmas Trees in Hong Kong SAR
Price for Lighting Set for Christmas Trees in Hong Kong SAR (CIF) - 2022
The average import price for lighting sets for christmas trees stood at $0.4 per unit in 2022, rising by 14% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $0.9 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1.7 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.9%), while the prices for the other major suppliers experienced a decline.
Price for Lighting Set for Christmas Trees in Hong Kong SAR (FOB) - 2021
The average export price for lighting sets for christmas trees stood at $1.7 per unit in December 2021, dropping by -19.3% against the previous month. Overall, the export price showed a slight setback. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 44% against the previous month. As a result, the export price reached the peak level of $3.2 per unit. From July 2021 to December 2021, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Japan ($14.5 per unit), while the average price for exports to the UK ($729 per thousand units) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Set for Christmas Trees in Hong Kong SAR
Lighting set for christmas trees imports into Hong Kong SAR surged to 7.2M units in 2022, jumping by 116% on the year before. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 167% against the previous year. As a result, imports attained the peak of 11M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lighting set for christmas trees imports skyrocketed to $2.9M in 2022. Over the period under review, imports enjoyed resilient growth. Imports peaked at $4.7M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Lighting Set for Christmas Trees in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 791 | 1,228 | 556 | 1,252 | 16.5% |
| China | 865 | 867 | 388 | 1,112 | 8.7% |
| Vietnam | 263 | 197 | 191 | 447 | 19.3% |
| Philippines | N/A | 2,219 | N/A | N/A | 0% |
| Others | 54.5 | 146 | 45.4 | 108 | 25.6% |
| Total | 1,973 | 4,656 | 1,181 | 2,918 | 13.9% |
Top Suppliers of Lighting Set for Christmas Trees to Hong Kong SAR in 2022:
- China (6.0M units)
- Indonesia (0.8M units)
- Vietnam (0.3M units)
Exports of Lighting Set for Christmas Trees in Hong Kong SAR
In 2022, lighting set for christmas trees exports from Hong Kong SAR skyrocketed to 606K units, rising by 48% compared with the year before. In general, exports, however, showed a deep slump. The exports peaked at 960K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, lighting set for christmas trees exports skyrocketed to $1.6M in 2022. Overall, exports, however, saw a abrupt curtailment. The exports peaked at $2.3M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Lighting Set for Christmas Trees in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 625 | 798 | 386 | 561 | -3.5% |
| United States | 410 | 399 | 118 | 236 | -16.8% |
| El Salvador | 2.1 | 7.8 | 11.0 | 149 | 314.0% |
| Taiwan (Chinese) | 40.8 | 58.5 | 31.7 | 51.8 | 8.3% |
| Mexico | 79.5 | 84.0 | 33.5 | 40.4 | -20.2% |
| Thailand | 12.5 | 85.9 | 27.6 | 37.7 | 44.5% |
| Paraguay | 31.6 | 40.2 | 19.3 | 27.9 | -4.1% |
| United Kingdom | 20.4 | 60.7 | 19.2 | 26.1 | 8.6% |
| Costa Rica | 11.0 | 18.2 | 15.7 | 21.5 | 25.0% |
| Georgia | 31.6 | 87.5 | 8.2 | 20.4 | -13.6% |
| Sweden | 62.4 | 38.7 | 1.3 | 15.9 | -36.6% |
| Venezuela | 29.2 | 31.4 | 12.8 | 15.6 | -18.9% |
| Brazil | 69.1 | 13.6 | 6.0 | 7.9 | -51.5% |
| Others | 552 | 560 | 268 | 409 | -9.5% |
| Total | 1,977 | 2,283 | 958 | 1,621 | -6.4% |
Top Export Markets for Lighting Set for Christmas Trees from Hong Kong SAR in 2022:
- Canada (226.8K units)
- United States (91.0K units)
- Costa Rica (29.7K units)
- Taiwan (Chinese) (21.5K units)
- Thailand (21.2K units)
- Mexico (16.4K units)
- United Kingdom (16.0K units)
- Paraguay (15.0K units)
- El Salvador (13.4K units)
- Georgia (12.1K units)
- Venezuela (8.2K units)
- Sweden (7.2K units)
- Brazil (1.7K units)
This report provides an in-depth analysis of the market for lighting set for christmas trees 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 27403200 - Lighting sets for Christmas trees
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
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