Hong Kong SAR, China - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Hong Kong SAR - 2023
Contents:
- Price for Ballast for Discharge Lamp in Hong Kong SAR (FOB) - 2022
- Price for Ballast for Discharge Lamp in Hong Kong SAR (CIF) - 2022
- Exports of Ballast for Discharge Lamp in Hong Kong SAR
- Imports of Ballast for Discharge Lamp in Hong Kong SAR
Price for Ballast for Discharge Lamp in Hong Kong SAR (FOB) - 2022
In 2022, the average ballast for discharge lamp export price amounted to $2.1 per unit, shrinking by -11.5% against the previous year. In general, the export price showed a perceptible reduction. The growth pace was the most rapid in 2021 when the average export price increased by 44% against the previous year. The export price peaked at $4.6 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($4.4 per unit), while the average price for exports to Mexico ($0.5 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 China (+1.3%), while the prices for the other major destinations experienced a decline.
Price for Ballast for Discharge Lamp in Hong Kong SAR (CIF) - 2022
In 2022, the average ballast for discharge lamp import price amounted to $3.5 per unit, declining by -16% against the previous year. In general, the import price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 60%. The import price peaked at $4.2 per unit in 2021, and then fell dramatically in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3.3 per unit), while the price for China amounted to $3.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Exports of Ballast for Discharge Lamp in Hong Kong SAR
Ballast for discharge lamp exports from Hong Kong SAR fell sharply to 5.6M units in 2022, reducing by -24.9% against 2021 figures. In general, exports recorded a deep slump. The smallest decline of -4.6% was in 2020. The exports peaked at 9.9M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ballast for discharge lamp exports shrank significantly to $12M in 2022. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $18M, and then fell rapidly in the following year.
| Export of Ballast for Discharge Lamp in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.7 | 7.1 | 8.2 | 7.4 | -5.3% |
| United States | 3.7 | 3.8 | 4.1 | 1.5 | -26.0% |
| India | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Mexico | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Germany | 0.7 | 0.6 | 0.5 | 0.2 | -34.1% |
| Singapore | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| Others | 4.2 | 4.0 | 4.9 | 2.1 | -20.6% |
| Total | 18.1 | 15.9 | 18.2 | 12.1 | -12.6% |
Top Export Markets for Ballast for Discharge Lamp from Hong Kong SAR in 2022:
- China (4074.6K units)
- United States (435.3K units)
- Mexico (430.1K units)
- India (135.4K units)
- Singapore (92.6K units)
- Germany (40.1K units)
Imports of Ballast for Discharge Lamp in Hong Kong SAR
Ballast for discharge lamp imports into Hong Kong SAR declined rapidly to 2.2M units in 2022, shrinking by -45% against 2021 figures. In general, imports continue to indicate a precipitous slump. The smallest decline of -7.4% was in 2021. Imports peaked at 5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, ballast for discharge lamp imports shrank remarkably to $7.6M in 2022. Overall, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $17M, and then declined notably in the following year.
| Import of Ballast for Discharge Lamp in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 12.2 | 14.1 | 6.7 | -18.8% |
| United States | 0.6 | 0.7 | 0.4 | 0.3 | -20.6% |
| Germany | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Italy | 1.4 | 0.1 | 0.7 | N/A | -29.3% |
| Others | 1.2 | 1.1 | 0.8 | 0.4 | -30.7% |
| Total | 16.2 | 14.4 | 16.5 | 7.6 | -22.3% |
Top Suppliers of Ballast for Discharge Lamp to Hong Kong SAR in 2022:
- China (2036.6K units)
- United States (77.1K units)
- Germany (25.8K units)
- Taiwan (Chinese) (4.9K units)
- Italy (0.5K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
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
-
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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In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
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