Calculating Machines; Non-Electronic Price in Hong Kong SAR - 2022

Contents:

  1. Calculating Machines; Non-Electronic Price in Hong Kong SAR (CIF) - 2022
  2. Calculating Machines; Non-Electronic Price in Hong Kong SAR (FOB) - 2022
  3. Calculating Machines; Non-Electronic Imports in Hong Kong SAR
  4. Calculating Machines; Non-Electronic Exports in Hong Kong SAR

Calculating Machines; Non-Electronic Price in Hong Kong SAR (CIF) - 2022

The average calculating machines; non-electronic import price stood at $3.7 per unit in 2022, waning by -92.2% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 633% against the previous year. The import price peaked at $118 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +24.1% per year.

Calculating Machines; Non-Electronic Price in Hong Kong SAR (FOB) - 2022

The average calculating machines; non-electronic export price stood at $13 per unit in 2022, reducing by -42.9% against the previous year. In general, the export price, however, saw significant growth. The most prominent rate of growth was recorded in 2017 an increase of 126% against the previous year. The export price peaked at $23 per unit in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($114 per unit), while the average price for exports to the Netherlands ($1 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 Brazil (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Calculating Machines; Non-Electronic Imports in Hong Kong SAR

In 2022, approx. 128K units of calculating machines; non-electronics were imported into Hong Kong SAR; with an increase of 454% on 2021. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, calculating machines; non-electronic imports reduced sharply to $474K in 2022. In general, imports, however, showed a dramatic decrease. The smallest decline of -31% was in 2020. Imports peaked at $3.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Calculating Machines; Non-Electronic in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.80.1N/A32962.4%
Thailand0.1N/A308N/A5449.8%
BelgiumN/AN/A795N/A0%
United States3,6262,537N/AN/A-30.0%
Others14.227.7N/A146117.4%
Total3,7172,5651,103474-49.7%

Top Suppliers of Calculating Machines; Non-Electronic to Hong Kong SAR in 2022:

  1. China (127.5K units)

Calculating Machines; Non-Electronic Exports in Hong Kong SAR

In 2022, approx. 15K units of calculating machines; non-electronics were exported from Hong Kong SAR; declining by -63% compared with the year before. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year. As a result, the exports attained the peak of 41K units, and then shrank remarkably in the following year.

In value terms, calculating machines; non-electronic exports contracted significantly to $199K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 634% against the previous year. As a result, the exports reached the peak of $939K, and then shrank remarkably in the following year.

Export of Calculating Machines; Non-Electronic in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa15.429.526095.383.6%
United KingdomN/AN/A55262.2-88.7%
FranceN/AN/A0.917.91888.9%
Malaysia10.217.234.77.7-8.9%
ZimbabweN/AN/AN/A5.30%
Nigeria4.64.255.8N/A248.3%
UgandaN/A30.50.4N/A-98.7%
Gabon2.3N/AN/AN/A0%
Philippines10.12.9N/AN/A-71.3%
Israel20.031.0N/AN/A55.0%
United States18.7N/A4.8N/A-49.3%
Others29.612.630.910.4-29.4%
Total11112893919921.5%

Top Export Markets for Calculating Machines; Non-Electronic from Hong Kong SAR in 2022:

  1. South Africa (10.0K units)
  2. France (1.8K units)
  3. Malaysia (1.1K units)
  4. Zimbabwe (0.6K units)
  5. United Kingdom (0.5K units)

Source: IndexBox Market Intelligence Platform

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