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Hong Kong SAR, China - Lamp Holders, Plugs And Sockets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong's Lamp Holder Price Hits New Record of $765 per Thousand Units
Hong Kong Lamp Holder Export Price in January 2023
In January 2023, the lamp holder price stood at $765 per thousand units (FOB, Hong Kong), surging by 7.8% against the previous month. Overall, export price indicated prominent growth from January 2022 to January 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, lamp holder export price increased by +22.6% against November 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 24% m-o-m. Over the period under review, the average export prices hit record highs in January 2023.
Prices varied noticeably by the country of destination: the country with the highest price was India ($1.8 per unit), while the average price for exports to Canada ($77.0 per thousand units) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Lamp Holder in Hong Kong (USD per thousand units) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
India | 862 | 336 | 1,117 | 853 | 640 | 544 | 954 | 985 | 881 | 1,070 | 1,068 | 1,403 | 1,834 |
China | 664 | 689 | 579 | 630 | 704 | 708 | 586 | 721 | 860 | 721 | 681 | 833 | 992 |
Japan | 530 | 423 | 421 | 452 | 716 | 668 | 669 | 790 | 581 | 699 | 705 | 518 | 747 |
Taiwan (Chinese) | 776 | 914 | 2,427 | 1,003 | 757 | 726 | 785 | 877 | 1,019 | 649 | 720 | 798 | 741 |
Singapore | 526 | 588 | 434 | 949 | 462 | 805 | 426 | 465 | 302 | 836 | 406 | 472 | 604 |
Philippines | 235 | 463 | 228 | 209 | 322 | 394 | 242 | 338 | 400 | 1,062 | 548 | 707 | 468 |
United States | 99.0 | 174 | 405 | 259 | 266 | 245 | 237 | 231 | 328 | 286 | 398 | 440 | 433 |
Germany | 510 | 442 | 956 | 344 | 500 | 387 | 1,222 | 697 | 326 | 371 | 426 | 498 | 417 |
Mexico | 223 | 279 | 250 | 178 | 192 | 232 | 185 | 228 | 317 | 226 | 206 | 249 | 271 |
United Kingdom | 159 | 136 | 150 | 179 | 247 | 309 | 230 | 229 | 317 | 320 | 257 | 227 | 258 |
Netherlands | 219 | 157 | 96.0 | 525 | 432 | 339 | 401 | 434 | 386 | 331 | 483 | 350 | 234 |
Canada | 215 | 331 | 406 | 660 | 102 | 104 | 64.0 | 136 | 354 | 185 | 271 | 408 | 77.0 |
Average | 418 | 518 | 522 | 558 | 568 | 588 | 526 | 597 | 716 | 644 | 625 | 710 | 765 |
Hong Kong Lamp Holder Export Prices by Type
As there is only one major exported type of lamp holder, the average price level is determined by prices for electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts.
From January 2022 to January 2023, the rate of growth in terms of prices for electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts amounted to +5.1% per month.
Hong Kong Lamp Holder Exports
In January 2023, lamp holder exports from Hong Kong declined rapidly to 55M units, which is down by -21.2% on the month before. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in March 2022 when exports increased by 38% against the previous month. Over the period under review, the exports hit record highs at 151M units in January 2022; however, from February 2022 to January 2023, the exports failed to regain momentum.
In value terms, lamp holder exports reduced to $42M (IndexBox estimates) in January 2023. In general, exports saw a perceptible shrinkage. The growth pace was the most rapid in March 2022 when exports increased by 39% against the previous month. Over the period under review, the exports reached the peak figure at 63M units in January 2022; however, from February 2022 to January 2023, the exports remained at a lower figure.
Hong Kong Lamp Holder Exports by Type
Electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts (55M units) was the largest type of lamp holder exported from Hong Kong, accounting for a approximately 100% share of total exports.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of export of electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts amounted to -8.1%.
In value terms, electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts ($42M) remains the largest type of lamp holder exported from Hong Kong, comprising 99% of total exports. The second position in the ranking was taken by electrical apparatus ($285K), with a 0.7% share of total exports.
From January 2022 to January 2023, the average monthly growth rate of the export volume of electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts totaled -3.4%.
Hong Kong Lamp Holder Exports by Country
China (21M units) was the main destination for lamp holder exports from Hong Kong, with a 39% share of total exports. Moreover, lamp holder exports to China exceeded the volume sent to the second major destination, the United States (6.3M units), threefold. Germany (3.2M units) ranked third in terms of total exports with a 5.8% share.
From January 2022 to January 2023, the average monthly growth rate of volume to China amounted to -8.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-15.6% per month) and Germany (+5.2% per month).
In value terms, China ($21M) remains the key foreign market for lamp holder exports from Hong Kong, comprising 51% of total exports. The second position in the ranking was taken by India ($5.5M), with a 13% share of total exports. It was followed by the United States, with a 6.5% share.
From January 2022 to January 2023, the average monthly growth rate of value to China stood at -5.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+13.1% per month) and the United States (-4.5% per month).
This report provides an in-depth analysis of the lamp holder 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 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
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