Eastern Asia: Artificial Flowers Market 2020

Artificial Flowers Market Size in Eastern Asia

The revenue of the artificial flowers market in Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The artificial flowers consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Over the period under review, the artificial flowers market reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Artificial Flowers Production in Eastern Asia

The artificial flowers production totaled X units in 2017, remaining stable against the previous year. The artificial flowers production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Over the period under review, the artificial flowers production attained its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Artificial Flowers Exports in Eastern Asia

In 2017, artificial flowers exports in Eastern Asia totaled X units, increasing by X% against the previous year. The artificial flowers exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2017, when exports increased by X% y-o-y. In that year, the artificial flowers exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, artificial flowers exports stood at $X in 2017. The artificial flowers exports continue to indicate a remarkable increase. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Artificial Flowers Exports by Country in Eastern Asia

China prevails in artificial flowers exports structure, amounting to X units, which was approx. X% of total exports in 2017. China, Hong Kong SAR (X units) held the mild share of total exports.

China was also the fastest growing in terms of the artificial flowers, foliage and fruit exports, with a CAGR of +X% from 2007 to 2017. China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, China ($X) remains the largest artificial flowers supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%.

Artificial Flowers Export Prices by Country in Eastern Asia

The artificial flowers export price in Eastern Asia stood at $X per thousand units in 2017, declining by -X% against the previous year. The artificial flowers export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The level of export price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was China, Hong Kong SAR ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year).

Artificial Flowers Imports in Eastern Asia

The imports stood at X units in 2017, remaining stable against the previous year. The artificial flowers imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. Over the period under review, the artificial flowers imports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, artificial flowers imports stood at $X in 2017. The artificial flowers imports continue to indicate a drastic decrease. Over the period under review, the artificial flowers imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Artificial Flowers Imports by Country in Eastern Asia

China, Hong Kong SAR represented the key importer of artificial flowers, foliage and fruit in Eastern Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2017. Japan (X units) ranks second in terms of the global imports with a X% share, followed by South Korea (X%). Taiwan, Chinese (X units) held the slight share of total imports.

Imports into China, Hong Kong SAR decreased at an average annual rate of -X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR and Japan increased by X% and X% percentage points, while South Korea (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest artificial flowers markets worldwide were China, Hong Kong SAR ($X), Japan ($X) and South Korea ($X), together accounting for X% of total imports. These countries were followed by Taiwan, Chinese, which accounted for a further X%.

Taiwan, Chinese (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Artificial Flowers Import Prices by Country in Eastern Asia

In 2017, the artificial flowers import price in Eastern Asia amounted to $X per thousand units, shrinking by -X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the artificial flowers import price increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the import prices for artificial flowers, foliage and fruit attained its peak figure level of $X per thousand units in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while China, Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform