Hong Kong SAR, China - Combs And Hair-Slides - Market Analysis, Forecast, Size, Trends And Insights
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View Pricing2023 Sees Modest Increase in Hong Kongs Comb Export to $28M
Hong Kong Comb Exports
In 2023, exports of combs and hair-slides from Hong Kong declined remarkably to 574 tons, shrinking by -31% against the previous year. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked at 3.1K tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.
In value terms, comb exports expanded significantly to $28M (IndexBox estimates) in 2023. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports reached the maximum at $67M in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
| COUNTRY | Export Value of Comb in Hong Kong (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| South Korea | 0.3 | 0.1 | 0.2 | 0.3 | 0.5 | 0.2 | 0.8 | 0.1 | 3.0 | 5.7 | 11.0 |
| United States | 30.8 | 24.8 | 19.4 | 20.5 | 21.4 | 23.0 | 24.8 | 11.9 | 17.9 | 11.1 | 8.4 |
| United Kingdom | 14.3 | 14.4 | 13.3 | 11.1 | 10.0 | 9.7 | 12.9 | 6.5 | 7.0 | 4.7 | 4.2 |
| China | 0.6 | 0.6 | 0.6 | 0.8 | 0.8 | 0.7 | 1.4 | 2.9 | 2.4 | 1.1 | 1.2 |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.3 | 0.6 |
| United Arab Emirates | 2.3 | 2.5 | 3.1 | 1.5 | 1.9 | 1.3 | 1.0 | 1.1 | 1.0 | 0.5 | 0.5 |
| France | 3.3 | 1.5 | 1.4 | 0.5 | 0.5 | 0.7 | 0.6 | 0.1 | 0.2 | 0.2 | 0.1 |
| Japan | 4.2 | 3.4 | 2.0 | 2.1 | 1.3 | 1.1 | 1.2 | 0.7 | 1.2 | 0.4 | 0.1 |
| Others | 11.3 | 11.4 | 10.0 | 8.0 | 7.3 | 5.6 | 6.1 | 3.3 | 4.1 | 2.1 | 1.8 |
| Total | 67.3 | 58.9 | 50.2 | 44.9 | 44.0 | 42.5 | 48.7 | 26.7 | 37.2 | 26.1 | 27.9 |
Exports by Country
the United States (289 tons) was the main destination for comb exports from Hong Kong, with a 50% share of total exports. Moreover, comb exports to the United States exceeded the volume sent to the second major destination, the UK (124 tons), twofold. The third position in this ranking was held by South Korea (54 tons), with a 9.5% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to the United States stood at -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-11.5% per year) and South Korea (+32.4% per year).
In value terms, the largest markets for comb exported from Hong Kong were South Korea ($11M), the United States ($8.4M) and the UK ($4.2M), with a combined 85% share of total exports.
Among the main countries of destination, South Korea, with a CAGR of +43.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the comb price amounted to $48,542 per ton (FOB, Hong Kong), rising by 55% against the previous year. Over the period under review, the export price posted a remarkable increase. 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 South Korea ($201,585 per ton), while the average price for exports to Canada ($12,749 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the comb 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 25992929 - Combs, hair-slides and the like (excluding of hard rubber or plastics, electro-thermic hairdressing apparatus)
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
