Hong Kong SAR, China - Travel Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTravel Set Price in Hong Kong SAR - 2023
Contents:
- Travel Set Price in Hong Kong SAR (FOB) - 2022
- Travel Set Price in Hong Kong SAR (CIF) - 2023
- Travel Set Exports in Hong Kong SAR
- Travel Set Imports in Hong Kong SAR
Travel Set Price in Hong Kong SAR (FOB) - 2022
In 2022, the average travel set export price amounted to $0.5 per unit, shrinking by -40.1% against the previous year. Overall, the export price showed a slight contraction. The growth pace was the most rapid in 2021 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $0.9 per unit, and then dropped notably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Brunei Darussalam ($0.5 per unit) and Australia ($0.5 per unit), while the average price for exports to France ($0.5 per unit) and Canada ($0.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (-1.9%), while the prices for the other major destinations experienced a decline.
Travel Set Price in Hong Kong SAR (CIF) - 2023
The average travel set import price stood at $1.2 per unit in June 2023, waning by -23.3% against the previous month. In general, the import price showed a noticeable decline. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 118% m-o-m. As a result, import price attained the peak level of $3.2 per unit. From October 2022 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($1.2 per unit), while the price for Turkey totaled $1.1 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (-2.4%).
Travel Set Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of travel sets, which decreased by -19.7% to 5.3M units in 2022. Over the period under review, exports recorded a sharp curtailment. The exports peaked at 36M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, travel set exports contracted significantly to $2.8M in 2022. Overall, exports recorded a sharp decrease. The smallest decline of -8.4% was in 2021. Over the period under review, the exports attained the peak figure at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Travel Set in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,714 | 621 | 411 | 490 | -34.1% |
| Australia | 473 | 240 | 71.0 | 452 | -1.5% |
| Jordan | 224 | 108 | N/A | 400 | 21.3% |
| Canada | 470 | 120 | 34.9 | 268 | -17.1% |
| China | 4,781 | 1,160 | 706 | 176 | -66.7% |
| Colombia | N/A | 375 | 550 | 162 | -34.3% |
| United Kingdom | 1,149 | 302 | 251 | 135 | -51.0% |
| Brunei Darussalam | 51.7 | 55.2 | N/A | 99.0 | 24.2% |
| Chile | 342 | 2.8 | 56.7 | 77.0 | -39.2% |
| France | 38.6 | 92.1 | 57.2 | 71.5 | 22.8% |
| Germany | 120 | 50.8 | 36.7 | 70.8 | -16.1% |
| Sri Lanka | 115 | 72.2 | 29.3 | 56.4 | -21.1% |
| Brazil | 406 | N/A | N/A | 49.7 | -50.3% |
| Others | 13,349 | 3,238 | 3,693 | 328 | -70.9% |
| Total | 23,233 | 6,438 | 5,897 | 2,836 | -50.4% |
Top Export Markets for Travel Set from Hong Kong SAR in 2022:
- United States (919.5K units)
- Australia (847.8K units)
- Jordan (749.9K units)
- Canada (502.9K units)
- China (330.1K units)
- Colombia (304.0K units)
- United Kingdom (252.3K units)
- Brunei Darussalam (185.7K units)
- Chile (144.4K units)
- France (134.1K units)
- Germany (132.7K units)
- Sri Lanka (105.8K units)
- Brazil (93.1K units)
Travel Set Imports in Hong Kong SAR
In 2022, supplies from abroad of travel sets was finally on the rise to reach 14M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp contraction. Over the period under review, imports reached the peak figure at 60M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, travel set imports skyrocketed to $6.6M in 2022. Over the period under review, imports, however, showed a dramatic downturn. Imports peaked at $30M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Travel Set in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.5 | 5.8 | 4.3 | 6.1 | -29.6% |
| United States | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
| Japan | 0.2 | 2.0 | 0.2 | N/A | 0.0% |
| India | 0.8 | N/A | N/A | N/A | 0% |
| Netherlands | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Saudi Arabia | 8.4 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 0.4 | 0.1 | 0.2 | -48.9% |
| Total | 29.8 | 8.6 | 4.8 | 6.6 | -39.5% |
Top Suppliers of Travel Set to Hong Kong SAR in 2022:
- China (12.6M units)
- United States (0.4M units)
- Japan (0.1M units)
This report provides an in-depth analysis of the travel set 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 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)
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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