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Report Hong Kong SAR, China - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Hong Kong SAR, China

In 2021, the Hong Kong lamp plastic parts market decreased by -10.5% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a modest increase. Lamp plastic parts consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports from Hong Kong SAR, China

In 2021, after three years of decline, there was significant growth in shipments abroad of plastic parts for lamps and lighting fittings, when their volume increased by 7.2% to X tons. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 65%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, lamp plastic parts exports expanded sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Italy (X tons) and Finland (X tons) were the main destinations of lamp plastic parts exports from Hong Kong SAR, together comprising 47% of total exports. China, Malaysia, the UK, Canada, Germany, Spain, Japan, India and France lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +45.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lamp plastic parts exported from Hong Kong SAR were China ($X), the United States ($X) and Italy ($X), with a combined 42% share of total exports. Finland, the UK, Canada, Germany, Malaysia, Spain, France, Japan and India lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, Malaysia, with a CAGR of +29.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($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 Canada (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into Hong Kong SAR, China

In 2021, overseas purchases of plastic parts for lamps and lighting fittings decreased by -15.4% to X tons, falling for the fifth year in a row after two years of growth. Overall, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2013 with an increase of 32% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, lamp plastic parts imports rose remarkably to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 42%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main lamp plastic parts supplier to Hong Kong SAR, accounting for a 95% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -2.8%.

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Hong Kong SAR, comprising 85% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 5.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

In 2021, the average lamp plastic parts import price amounted to $X per ton, jumping by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, with a combined 58% share of global consumption.
China remains the largest lamp plastic parts producing country worldwide, accounting for 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Japan, with a 5.6% share.
In value terms, China constituted the largest supplier of lamp plastic parts to Hong Kong SAR, comprising 82% of total imports. The second position in the ranking was occupied by Malaysia, with a 2% share of total imports.
In value terms, China, the United States and Finland appeared to be the largest markets for lamp plastic parts exported from Hong Kong SAR worldwide, together comprising 49% of total exports.
In 2020, the average lamp plastic parts export price amounted to $18,957 per ton, standing approx. at the previous year.
In 2020, the average lamp plastic parts import price amounted to $8,008 per ton, waning by -20.9% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts 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 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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