Hong Kong SAR, China - Scent Sprays - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Scent Spray in Hong Kong Drops to $11.2 per kg
Hong Kong Scent Spray Export Price in May 2023
In May 2023, the scent spray price amounted to $11,154 per ton (FOB, Hong Kong), with a decrease of -24.9% against the previous month. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in September 2022 an increase of 101% against the previous month. As a result, the export price attained the peak level of $26,649 per ton. From October 2022 to May 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($23,347 per ton), while the average price for exports to the United States stood at $8,633 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+0.1%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Export Price of Scent Spray in Hong Kong (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Japan | 23,518 | 22,509 | 19,199 | 12,422 | 19,901 | 3,279 | 18,414 | 17,173 | 20,850 | 18,462 | 20,664 | 20,165 | 23,347 |
| United States | 18,240 | 23,152 | 15,131 | 27,789 | 23,361 | 7,442 | 8,716 | 4,155 | 15,668 | 15,217 | 13,683 | 9,574 | 8,633 |
| Denmark | N/A | N/A | 2,980 | N/A | N/A | N/A | 3,114 | N/A | N/A | N/A | 3,008 | N/A | N/A |
| India | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 16,092 | N/A | 16,006 | 11,682 | N/A |
| Malaysia | 24,890 | N/A | 7,687 | N/A | 1,992 | N/A | 1,861 | N/A | N/A | N/A | 6,279 | N/A | N/A |
| Average | 19,928 | 21,132 | 9,536 | 13,230 | 26,649 | 12,770 | 22,400 | 15,836 | 19,842 | 20,492 | 16,163 | 14,845 | 11,154 |
Hong Kong Scent Spray Exports
In May 2023, approximately 14 tons of scent sprays were exported from Hong Kong; increasing by 99% compared with April 2023 figures. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in March 2023 with an increase of 216% m-o-m. Over the period under review, the exports attained the maximum in May 2023.
In value terms, scent spray exports skyrocketed to $159K (IndexBox estimates) in May 2023. In general, exports enjoyed a mild expansion. The most prominent rate of growth was recorded in March 2023 when exports increased by 150% against the previous month. Over the period under review, the exports reached the peak figure in May 2023.
Hong Kong Scent Spray Exports by Country
the United States (12 tons) was the main destination for scent spray exports from Hong Kong, with a 86% share of total exports. It was followed by China (295 kg), with a 2.1% share of total exports. The United Arab Emirates (257 kg) ranked third in terms of total exports with a 1.8% share.
From May 2022 to May 2023, the average monthly growth rate of volume to the United States totaled +30.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (-16.8% per month) and the United Arab Emirates (+18.7% per month).
In value terms, the United States ($106K) remains the key foreign market for scent spray exports from Hong Kong, comprising 67% of total exports. The second position in the ranking was held by China ($6.3K), with a 4% share of total exports. It was followed by Japan, with a 1.7% share.
From May 2022 to May 2023, the average monthly rate of growth in terms of value to the United States totaled +22.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (-16.0% per month) and Japan (-9.8% per month).
This report provides an in-depth analysis of the scent spray 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 32995280 - Scent sprays and similar toilet sprays, and mounts and heads therefor (excluding reservoirs for scent sprays presented separately, rubber bulbs)
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
