Lamps; Arc-Lamps Price in Hong Kong SAR - 2023

Contents:

1. Lamps; Arc-Lamps Price in Hong Kong SAR (CIF) - 2022
2. Lamps; Arc-Lamps Price in Hong Kong SAR (FOB) - 2022
3. Lamps; Arc-Lamps Imports in Hong Kong SAR
4. Lamps; Arc-Lamps Exports in Hong Kong SAR

Lamps; Arc-Lamps Price in Hong Kong SAR (CIF) - 2022

In 2022, the average lamps; arc-lamps import price amounted to $18 per unit, waning by -23.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 133%. The import price peaked at $75 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($80 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Lamps; Arc-Lamps Price in Hong Kong SAR (FOB) - 2022

The average lamps; arc-lamps export price stood at $25 per unit in 2022, standing approx. at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 150%. Over the period under review, the average export prices hit record highs at $109 per unit 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 India ($447 per unit), while the average price for exports to the United States ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.7%), while the prices for the other major destinations experienced mixed trend patterns.

Lamps; Arc-Lamps Imports in Hong Kong SAR

In 2022, the amount of lamps; arc-lampses imported into Hong Kong SAR totaled 142K units, with an increase of 3.3% against the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 143% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lamps; arc-lamps imports plummeted to $2.6M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 106%. As a result, imports reached the peak of $3.3M, and then shrank dramatically in the following year.

Top Suppliers of Lamps; Arc-Lamps to Hong Kong SAR in 2022:

1. United Kingdom (78.5K units)
2. China (54.6K units)
3. United States (4.3K units)
4. Germany (3.7K units)
5. Indonesia (0.2K units)

Lamps; Arc-Lamps Exports in Hong Kong SAR

In 2022, shipments abroad of lamps; arc-lampses decreased by -47.5% to 53K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 143%. As a result, the exports attained the peak of 101K units, and then declined significantly in the following year.

In value terms, lamps; arc-lamps exports fell dramatically to $1.3M in 2022. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. As a result, the exports reached the peak of $2.5M, and then declined remarkably in the following year.

Top Export Markets for Lamps; Arc-Lamps from Hong Kong SAR in 2022:

1. Australia (undefinedK units)
2. United States (33.0K units)
3. China (19.3K units)
4. India (0.6K units)

Source: IndexBox Market Intelligence Platform