Hong Kong SAR, China: Market for Non-PVC Floor, Wall and Ceiling Coverings 2025

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Hong Kong SAR, China

After two years of growth, the Hong Kong market for non-PVC floor, wall and ceiling coverings decreased by -37% to $X in 2022. Over the period under review, consumption, however, continues to indicate a buoyant increase. Consumption of peaked at $X in 2021, and then dropped rapidly in the following year.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports from Hong Kong SAR, China

In 2022, the amount of non-PVC floor, wall and ceiling coverings exported from Hong Kong SAR skyrocketed to X square meters, increasing by 49% compared with 2021 figures. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 107% against the previous year. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of non-PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. In general, exports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2014 with an increase of 69%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

China (X square meters) was the main destination for exports of non-PVC floor, wall and ceiling coverings from Hong Kong SAR, with a 69% share of total exports. Moreover, exports of non-PVC floor, wall and ceiling coverings to China exceeded the volume sent to the second major destination, the United States (X square meters), fourfold. The third position in this ranking was held by Macao SAR (X square meters), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to -1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.2% per year) and Macao SAR (-3.9% per year).

In value terms, China ($X) remains the key foreign market for non-PVC floor, wall and ceiling coverings exports from Hong Kong SAR, comprising 69% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by Belgium, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.8% per year) and Belgium (+104.7% per year).

Export Prices by Country

The average export price for non-PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, increasing by 4.1% against the previous year. Overall, the export price posted a perceptible increase. The growth pace was the most rapid in 2017 an increase of 93%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports into Hong Kong SAR, China

In 2022, overseas purchases of non-PVC floor, wall and ceiling coverings decreased by -40.7% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 73% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2021, and then dropped rapidly in the following year.

In value terms, imports of non-PVC floor, wall and ceiling coverings declined remarkably to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 49% against the previous year. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, China (X square meters) was the main non-PVC floor, wall and ceiling coverings supplier to Hong Kong SAR, with a 91% share of total imports. It was followed by Vietnam (X square meters), with a 2.5% share of total imports. Germany (X square meters) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+98.7% per year) and Germany (+5.3% per year).

In value terms, China ($X) constituted the largest supplier of non-PVC floor, wall and ceiling coverings to Hong Kong SAR, comprising 53% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.4% share of total imports. It was followed by Germany, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.6% per year) and Germany (+0.2% per year).

Import Prices by Country

In 2022, the average import price for non-PVC floor, wall and ceiling coverings amounted to $X per square meter, rising by 26% against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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