Hong Kong SAR, China: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Hong Kong SAR, China

The Hong Kong manicure or pedicure preparations market shrank modestly to $X in 2023, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Manicure or pedicure preparations consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Hong Kong SAR, China

In value terms, manicure or pedicure preparations production fell to $X in 2023 estimated in export price. In general, production, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Hong Kong SAR, China

In 2023, shipments abroad of manicure or pedicure preparations increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2023. Overall, exports, however, saw a deep downturn. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

Macao SAR (X tons), Japan (X tons) and the United States (X tons) were the main destinations of manicure or pedicure preparations exports from Hong Kong SAR, together comprising X% of total exports. The UK, China, the Netherlands, Belgium, Mexico, Russia, Taiwan (Chinese), Germany, Luxembourg and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for manicure or pedicure preparations exported from Hong Kong SAR were Macao SAR ($X), the United States ($X) and Japan ($X), together comprising X% of total exports. The UK, the Netherlands, China, Belgium, Mexico, Taiwan (Chinese), Russia, Luxembourg, Germany and Sweden lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest growth rate of 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 2023, the average manicure or pedicure preparations export price amounted to $X per ton, falling by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and Luxembourg ($X per ton), while the average price for exports to Mexico ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Hong Kong SAR, China

In 2023, approx. X tons of manicure or pedicure preparations were imported into Hong Kong SAR; increasing by X% on the previous year. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, manicure or pedicure preparations imports soared to $X in 2023. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and the United States (X tons) were the main suppliers of manicure or pedicure preparations imports to Hong Kong SAR, with a combined X% share of total imports. France, Singapore, South Korea, Belgium and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Japan ($X) and the United States ($X) appeared to be the largest manicure or pedicure preparations suppliers to Hong Kong SAR, with a combined X% share of total imports. France, Singapore, South Korea, Belgium and Germany lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average manicure or pedicure preparations import price amounted to $X per ton, stabilizing at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and South Korea ($X per ton), while the price for France ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2023, 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