Hong Kong SAR, China: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in Hong Kong SAR, China

In 2022, after two years of decline, there was growth in the Hong Kong manicure or pedicure sets market, when its value increased by X% to $X. In general, consumption posted noticeable growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Manicure Or Pedicure Sets And Instruments in Hong Kong SAR, China

In value terms, manicure or pedicure sets production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Manicure or pedicure sets production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from Hong Kong SAR, China

In 2022, exports of manicure or pedicure sets and instruments from Hong Kong SAR soared to X units, picking up by X% on the previous year's figure. Overall, exports, however, recorded a abrupt curtailment. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure sets exports contracted to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Spain (X units) were the main destinations of manicure or pedicure sets exports from Hong Kong SAR, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Spain ($X) appeared to be the largest markets for manicure or pedicure sets exported from Hong Kong SAR worldwide, together comprising X% of total exports.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manicure or pedicure sets export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manicure or pedicure sets export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Japan ($X per unit), while the average price for exports to Singapore ($X per unit) and the UK ($X 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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into Hong Kong SAR, China

In 2022, purchases abroad of manicure or pedicure sets and instruments increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, manicure or pedicure sets imports expanded to $X in 2022. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of manicure or pedicure sets to Hong Kong SAR, accounting for a X% share of total imports. Moreover, manicure or pedicure sets imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of manicure or pedicure sets and instruments to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average manicure or pedicure sets import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Pakistan ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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