Hong Kong SAR, China - Machines for Electric or Electronic Lamps, Tubes, Valves or Flashbulbs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Electronic Lamp Machine Market 2024
Electronic Lamp Machine Market Size in Hong Kong SAR, China
In 2021, the Hong Kong electronic lamp machine market decreased by -15.7% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, posted a strong expansion. Over the period under review, the market attained the peak level at $X in 2020, and then fell sharply in the following year.
Electronic Lamp Machine Production in Hong Kong SAR, China
In value terms, electronic lamp machine production totaled $X in 2021 estimated in export price. Overall, the total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 38% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.
Electronic Lamp Machine Exports
Exports from Hong Kong SAR, China
In 2021, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -14.3% to X units, falling for the seventh year in a row after three years of growth. In general, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2013 with an increase of 137%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, electronic lamp machine exports shrank sharply to $X in 2021. Overall, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 75% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
China (X units) was the main destination for electronic lamp machine exports from Hong Kong SAR, accounting for a 92% share of total exports. Moreover, electronic lamp machine exports to China exceeded the volume sent to the second major destination, Malaysia (X units), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to China amounted to -38.3%.
In value terms, China ($X) remains the key foreign market for electronic lamp machine exports from Hong Kong SAR, comprising 100% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 0.3% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -37.3%.
Export Prices by Country
In 2021, the average electronic lamp machine export price amounted to $X per unit, falling by -6.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 114%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Malaysia amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.6%).
Electronic Lamp Machine Imports
Imports into Hong Kong SAR, China
In 2021, purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -22.1% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 458% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020, and then declined rapidly in the following year.
In value terms, electronic lamp machine imports declined notably to $X in 2021. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 453%. As a result, imports attained the peak of $X, and then fell markedly in the following year.
Imports by Country
In 2021, China (X units) was the main supplier of electronic lamp machine to Hong Kong SAR, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China totaled +38.0%.
In value terms, China ($X) constituted the largest supplier of electronic lamp machine to Hong Kong SAR.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +44.4%.
Import Prices by Country
In 2021, the average electronic lamp machine import price amounted to $X per unit, rising by 3.9% against the previous year. Overall, the import price posted tangible growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 1,386% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +5.8% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electronic lamp machine 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 28993920 - Machines for assembling electric or electronic lamps, tubes, v alves or flashbulbs, in glass envelopes
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
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