Hong Kong SAR, China - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunglasses Price in Hong Kong SAR - 2023
Contents:
- Sunglasses Price in Hong Kong SAR (CIF) - 2023
- Sunglasses Price in Hong Kong SAR (FOB) - 2023
- Sunglasses Imports in Hong Kong SAR
- Sunglasses Exports in Hong Kong SAR
Sunglasses Price in Hong Kong SAR (CIF) - 2023
The average sunglasses import price stood at $18.5 per unit in June 2023, flattening at the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 20% against the previous month. As a result, import price reached the peak level of $23.1 per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($56.1 per unit), while the price for China ($13.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Sunglasses Price in Hong Kong SAR (FOB) - 2023
The average sunglasses export price stood at $17.6 per unit in June 2023, picking up by 7.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 23% m-o-m. As a result, the export price attained the peak level of $19.7 per unit. From March 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($57.9 per unit), while the average price for exports to the UK ($7.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sunglasses Imports in Hong Kong SAR
In 2022, imports of sunglasses into Hong Kong SAR dropped slightly to 39M units, waning by -3.7% against 2021 figures. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports attained the maximum at 50M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sunglasses imports rose markedly to $719M in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked at $805M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Sunglasses in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 504 | 347 | 433 | 468 | -2.4% |
| Italy | 192 | 116 | 136 | 159 | -6.1% |
| United States | 55.1 | 37.5 | 50.9 | 52.5 | -1.6% |
| Others | 54.3 | 53.1 | 49.9 | 39.8 | -9.8% |
| Total | 805 | 554 | 670 | 719 | -3.7% |
Top Suppliers of Sunglasses to Hong Kong SAR in 2022:
- China (33.7M units)
- Italy (3.3M units)
- United States (1.2M units)
Sunglasses Exports in Hong Kong SAR
In 2022, the amount of sunglasses exported from Hong Kong SAR reached 39M units, remaining constant against 2021. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 26%. The exports peaked at 48M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sunglasses exports expanded modestly to $677M in 2022. In general, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports hit record highs at $777M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Sunglasses in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 171 | 119 | 165 | 155 | -3.2% |
| Italy | 122 | 78.3 | 99.2 | 111 | -3.1% |
| Australia | 65.2 | 56.4 | 69.8 | 94.6 | 13.2% |
| Japan | 74.1 | 46.5 | 50.6 | 57.5 | -8.1% |
| China | 134 | 109 | 96.1 | 54.9 | -25.7% |
| Spain | 5.8 | 6.0 | 32.2 | 26.8 | 66.6% |
| India | 10.8 | 7.4 | 17.6 | 26.4 | 34.7% |
| France | 13.5 | 12.9 | 12.0 | 20.1 | 14.2% |
| Netherlands | 16.4 | 11.4 | 12.9 | 12.5 | -8.7% |
| Russia | 0.3 | 0.2 | 0.6 | 9.5 | 216.4% |
| Germany | 13.6 | 7.4 | 8.2 | 7.9 | -16.6% |
| United Kingdom | 7.1 | 3.0 | 4.0 | 5.4 | -8.7% |
| Philippines | 4.6 | 1.7 | 1.9 | 4.1 | -3.8% |
| Others | 140 | 77.6 | 75.4 | 90.8 | -13.4% |
| Total | 777 | 537 | 645 | 677 | -4.5% |
Top Export Markets for Sunglasses from Hong Kong SAR in 2022:
- United States (12.4M units)
- Italy (8.5M units)
- Australia (2.4M units)
- France (2.3M units)
- Spain (1.6M units)
- Netherlands (1.4M units)
- China (1.4M units)
- Japan (1.3M units)
- Russia (1.1M units)
- India (0.9M units)
- Germany (0.8M units)
- Philippines (0.6M units)
- United Kingdom (0.6M units)
This report provides an in-depth analysis of the sunglasses 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 32504250 - Sunglasses
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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This report provides an in-depth analysis of the sunglasses market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global spectacles and goggles market.
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This report provides an in-depth analysis of the sunglasses market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the personal spectacle optics market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the spectacles and goggles market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global sunglasses market.
315
In March 2023, the sunglasses price amounted to $19.8 per unit (CIF, Hong Kong), remaining relatively unchanged against the previous month.
257
The price of Spectacles And Goggles in May 2023 was $10.4 per unit (FOB, Hong Kong), with a 5.4% growth compared to the previous month.
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Explore the top import markets for sunglasses worldwide, including key statistics and insights. Discover the leading countries and their import values for sunglasses in 2022.
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In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
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In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
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Explore the top import markets for personal spectacle optics and their import values. Discover the key countries driving the industry based on the latest data from IndexBox market intelligence.
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Explore the top-10 countries by import value of spectacles and goggles in 2023. Find out which countries are leading the global market for eyewear imports.
315
In March 2023, the sunglasses price amounted to $19.8 per unit (CIF, Hong Kong), remaining relatively unchanged against the previous month.
257
The price of Spectacles And Goggles in May 2023 was $10.4 per unit (FOB, Hong Kong), with a 5.4% growth compared to the previous month.
276
Explore the top import markets for sunglasses worldwide, including key statistics and insights. Discover the leading countries and their import values for sunglasses in 2022.
