Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR - 2023
Contents:
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (FOB) - 2022
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (CIF) - 2022
- Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR
- Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (FOB) - 2022
The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $13 per unit in 2022, with an increase of 13% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 94%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($13 per unit), while the average price for exports to the UK ($3.2 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 (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (CIF) - 2022
The average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $17 per unit in 2022, falling by -29.7% against the previous year. In general, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 137%. Over the period under review, average import prices attained the peak figure at $33 per unit in 2020; however, from 2021 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 Japan ($174 per unit), while the price for China ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, which decreased by -29.5% to 958K units in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The exports peaked at 5.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s declined markedly to $12M in 2022. In general, exports saw a abrupt decline. The smallest decline of -10.9% was in 2021. The exports peaked at $20M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 13.4 | 13.1 | 9.3 | -20.9% |
| United States | 0.3 | 1.4 | 0.7 | 0.7 | 32.6% |
| France | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Japan | N/A | 0.6 | 0.2 | 0.2 | -42.3% |
| United Kingdom | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.5 | 1.4 | 1.0 | 1.6 | 47.4% |
| Total | 19.8 | 17.1 | 15.2 | 12.1 | -15.1% |
Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Hong Kong SAR in 2022:
- China (714.9K units)
- United States (100.2K units)
- France (24.1K units)
- United Kingdom (21.7K units)
- Japan (17.2K units)
Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR
In 2022, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s into Hong Kong SAR soared to 612K units, rising by 25% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s shrank to $11M in 2022. Over the period under review, imports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.8 | 7.3 | 5.3 | 3.8 | -17.6% |
| China | 1.3 | 1.4 | 2.3 | 3.3 | 36.4% |
| United States | 1.0 | 1.3 | 1.2 | 1.1 | 3.2% |
| Taiwan (Chinese) | 0.4 | 0.8 | 1.0 | 0.5 | 7.7% |
| Germany | 0.8 | 0.3 | 0.8 | 0.4 | -20.6% |
| South Korea | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 1.1 | 1.2 | 1.4 | 1.2 | 2.9% |
| Total | 11.7 | 12.4 | 12.2 | 10.7 | -2.9% |
Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Hong Kong SAR in 2022:
- China (519.7K units)
- United States (25.9K units)
- Japan (22.0K units)
- Taiwan (Chinese) (17.1K units)
- South Korea (8.5K units)
- Germany (4.8K units)
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