Hong Kong SAR, China - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Lamp Price in Hong Kong SAR - 2023
Contents:
- Electric Lamp Price in Hong Kong SAR (FOB) - 2022
- Electric Lamp Price in Hong Kong SAR (CIF) - 2022
- Electric Lamp Exports in Hong Kong SAR
- Electric Lamp Imports in Hong Kong SAR
Electric Lamp Price in Hong Kong SAR (FOB) - 2022
In 2022, the average electric lamp export price amounted to $1.4 per unit, with an increase of 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5.3 per unit), while the average price for exports to the UK ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Lamp Price in Hong Kong SAR (CIF) - 2022
In 2022, the average electric lamp import price amounted to $2 per unit, jumping by 23% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. The import price peaked at $2.8 per unit in 2017; however, from 2018 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 the United States ($2.8 per unit), while the price for Poland ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Lamp Exports in Hong Kong SAR
In 2022, exports of electric lamps from Hong Kong SAR dropped dramatically to 79M units, falling by -32.7% against the previous year. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports attained the peak figure at 156M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric lamp exports fell to $110M in 2022. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. The exports peaked at $185M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electric Lamp in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 45.3 | 27.2 | 33.4 | 26.2 | -16.7% |
United States | 31.3 | 22.1 | 30.3 | 24.1 | -8.3% |
Japan | 24.2 | 16.6 | 14.1 | 15.2 | -14.4% |
Germany | 7.6 | 3.1 | 3.5 | 4.0 | -19.3% |
France | 4.6 | 1.9 | 2.0 | 2.4 | -19.5% |
United Kingdom | 3.8 | 2.0 | 2.5 | 2.1 | -17.9% |
Malaysia | 5.4 | 3.2 | 1.4 | 1.8 | -30.7% |
Italy | 3.2 | 2.2 | 1.8 | 1.7 | -19.0% |
Singapore | 5.0 | 1.8 | 1.8 | 1.4 | -34.6% |
India | 3.7 | 1.4 | 1.7 | 0.9 | -37.6% |
Indonesia | 1.9 | 0.7 | 1.0 | 0.5 | -35.9% |
Vietnam | 7.2 | 1.1 | 0.3 | 0.4 | -61.8% |
Others | 41.5 | 25.9 | 32.3 | 28.9 | -11.4% |
Total | 185 | 109 | 126 | 110 | -15.9% |
Top Export Markets for Electric Lamp from Hong Kong SAR in 2022:
- China (30.1M units)
- United States (13.4M units)
- Germany (8.2M units)
- United Kingdom (4.5M units)
- Japan (2.9M units)
- Malaysia (2.3M units)
- Singapore (1.7M units)
- France (1.4M units)
- Italy (1.2M units)
- Indonesia (1.0M units)
- India (0.7M units)
- Vietnam (0.3M units)
Electric Lamp Imports in Hong Kong SAR
In 2022, the amount of electric lamps imported into Hong Kong SAR fell significantly to 54M units, with a decrease of -29.6% compared with 2021. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Imports peaked at 92M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric lamp imports reduced to $107M in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports attained the maximum at $164M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Electric Lamp in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 123 | 79.3 | 93.4 | 82.0 | -12.6% |
Japan | 14.8 | 13.2 | 10.4 | 7.4 | -20.6% |
United States | 7.1 | 4.2 | 4.1 | 4.7 | -12.8% |
Poland | 1.1 | 1.0 | 1.1 | 0.8 | -10.1% |
Others | 17.4 | 14.0 | 15.3 | 12.4 | -10.7% |
Total | 164 | 112 | 124 | 107 | -13.3% |
Top Suppliers of Electric Lamp to Hong Kong SAR in 2022:
- China (41.7M units)
- Japan (4.1M units)
- United States (1.7M units)
- Poland (0.9M units)
This report provides an in-depth analysis of the electric lamp 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 27401100 - Sealed beam lamp units
- Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
- Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
- Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
- Prodcom 27401490 - Filament lamps n.e.c.
- Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
- Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
- Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
- Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps
- Prodcom 27403090 -
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
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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
This report provides an in-depth analysis of the electric lamp market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for ultraviolet, infrared, or arc lamp in Hong Kong SAR, China.
This report provides an in-depth analysis of the tungsten halogen lamp market in Hong Kong SAR, China.
This report provides an in-depth analysis of the sealed beam market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for electric filament lamp parts in Hong Kong SAR, China.
This report provides an in-depth analysis of the fluorescent discharge lamps market in Hong Kong SAR, China.
This report provides an in-depth analysis of the electric filament lamp market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global electric lamp market.
This report provides an in-depth analysis of the global market for ultraviolet, infrared, or arc lamp.
This report provides an in-depth analysis of the global tungsten halogen lamp market.
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y