Report Update Apr 1, 2024

Hong Kong SAR, China - Hand-Made Lace in the Piece, in Strips or in Motifs - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Hong Kong SAR, China

In 2022, the Hong Kong hand-made lace market decreased by X% to $X, falling for the fifth consecutive year after six years of growth. Over the period under review, consumption saw a dramatic curtailment. Hand-made lace consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Hand-Made Lace Production in Hong Kong SAR, China

In value terms, hand-made lace production stood at less than $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Hand-Made Lace Exports

Exports from Hong Kong SAR, China

In 2022, the amount of hand-made lace in the piece, in strips or in motifs exported from Hong Kong SAR fell to X tons, waning by X% compared with the previous year. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand-made lace exports contracted remarkably to $X in 2022. In general, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for hand-made lace exports from Hong Kong SAR, with a X% share of total exports. It was followed by India (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh totaled X%.

In value terms, Bangladesh ($X) remains the key foreign market for hand-made lace in the piece, in strips or in motifs exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bangladesh totaled X%.

Export Prices by Country

In 2022, the average hand-made lace export price amounted to $X per ton, falling by X% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Bangladesh totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Hand-Made Lace Imports

Imports into Hong Kong SAR, China

In 2022, purchases abroad of hand-made lace in the piece, in strips or in motifs decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, hand-made lace imports shrank sharply to $X in 2022. In general, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main hand-made lace supplier to Hong Kong SAR, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of hand-made lace in the piece, in strips or in motifs to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average hand-made lace import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic remains the largest hand-made lace consuming country worldwide, comprising approx. 51% of total volume. Moreover, hand-made lace consumption in Syrian Arab Republic exceeded the figures recorded by the second-largest consumer, China, eightfold. The Philippines ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic constituted the country with the largest volume of hand-made lace production, accounting for 55% of total volume. Moreover, hand-made lace production in Syrian Arab Republic exceeded the figures recorded by the second-largest producer, China, sixfold. Turkey ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of hand-made lace in the piece, in strips or in motifs to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of hand-made lace in the piece, in strips or in motifs to Hong Kong SAR.

What are the leading importers of hand-made lace in the piece, in strips or in motifs from Hong Kong SAR, China?

In value terms, Bangladesh remains the key foreign market for hand-made lace in the piece, in strips or in motifs exports from Hong Kong SAR, comprising 99% of total exports. The second position in the ranking was taken by India $176), with a 0.5% share of total exports.

What is the average export price for hand-made lace in the piece, in strips or in motifs in Hong Kong SAR, China?

The average hand-made lace export price stood at $12,790 per ton in 2022, which is down by -15.1% against the previous year.

What is the average import price for hand-made lace in the piece, in strips or in motifs in Hong Kong SAR, China?

In 2022, the average hand-made lace import price amounted to $3,507 per ton, waning by -4.6% against the previous year.

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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:

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023