Report Update Nov 1, 2024

Hong Kong SAR, China - Dolls and Toys - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Toy Market 2024

Toy Market Size in Hong Kong SAR, China

In 2021, the Hong Kong toy market decreased by -30.9% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Toy Production in Hong Kong SAR, China

In value terms, toy production dropped dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the production volume increased by 144%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Toy Exports

Exports from Hong Kong SAR, China

In 2021, after six years of decline, there was significant growth in shipments abroad of dolls and toys, when their volume increased by 29% to X tons. Over the period under review, exports, however, showed a abrupt decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, toy exports surged to $X in 2021. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for toy exports from Hong Kong SAR, accounting for a 28% share of total exports. Moreover, toy exports to the United States exceeded the volume sent to the second major destination, China (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+75.2% per year) and Japan (+61.1% per year).

In value terms, the United States ($X), Japan ($X) and China ($X) constituted the largest markets for toy exported from Hong Kong SAR worldwide, with a combined 63% share of total exports.

China, with a CAGR of +101.2%, 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

The average toy export price stood at $X per ton in 2021, approximately equating the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2013 an increase of 25%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Toy Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of dolls and toys was finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. In general, imports, however, recorded a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, toy imports soared to $X in 2021. Overall, imports, however, recorded a noticeable reduction. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main toy supplier to Hong Kong SAR, accounting for a 93% share of total imports. It was followed by Japan (X tons), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -1.1%.

In value terms, China ($X) constituted the largest supplier of dolls and toys to Hong Kong SAR, comprising 83% of total imports. The second position in the ranking was held by Japan ($X), with a 7.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +4.7%.

Import Prices by Country

The average toy import price stood at $X per ton in 2021, increasing by 7.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2014 an increase of 9.3%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dolls and toys in the world?

The United States constituted the country with the largest volume of toy consumption, accounting for 23% of total volume. Moreover, toy consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was occupied by India, with a 5.3% share.

What are the largest producers of dolls and toys in the world?

China constituted the country with the largest volume of toy production, accounting for 47% of total volume. Moreover, toy production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Brazil, with a 2.7% share.

What are the leading suppliers of dolls and toys to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of toy to Hong Kong SAR, comprising 83% of total imports. The second position in the ranking was occupied by Japan, with a 7.7% share of total imports.

What are the leading importers of dolls and toys from Hong Kong SAR, China?

In value terms, the Netherlands, the United States and the UK appeared to be the largest markets for toy exported from Hong Kong SAR worldwide, together accounting for 73% of total exports.

What is the average export price for dolls and toys in Hong Kong SAR, China?

In 2021, the average toy export price amounted to $15,423 per ton, with an increase of 20% against the previous year.

What is the average import price for dolls and toys in Hong Kong SAR, China?

In 2021, the average toy import price amounted to $9,862 per ton, increasing by 7.9% against the previous year.

This report provides an in-depth analysis of the toy 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 32401100 - Dolls representing only human beings
Prodcom 32401200 - Toys representing animals or non-human creatures
Prodcom 32401300 - Parts and accessories for dolls representing only human beings
Prodcom 32402000 - Toy trains and their accessories, other reduced-size models or construction sets and constructional toys
Prodcom 32403100 - Wheeled toys designed to be ridden by children (excluding bicycles), dolls
Prodcom 32403200 - Puzzles
Prodcom 32403900 -
Prodcom 32403920 - Toy musical instruments and apparatus, toys put up in sets or outfits (excluding electric trains, scale model assembly kits, c onstruction sets and constructional toys, and puzzles), toys and models incorporating a motor, toy weapons
Prodcom 32403940 - Other toys of plastics
Prodcom 32403960 - Toy die-cast miniature models of metal
Prodcom 32403990 - Other toys n.e.c.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023