Hong Kong SAR, China - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Toaster Price in Hong Kong SAR - 2023
Contents:
- Domestic Toaster Price in Hong Kong SAR (FOB) - 2022
- Domestic Toaster Price in Hong Kong SAR (CIF) - 2023
- Domestic Toaster Exports in Hong Kong SAR
- Domestic Toaster Imports in Hong Kong SAR
Domestic Toaster Price in Hong Kong SAR (FOB) - 2022
The average domestic toaster export price stood at $14 per unit in 2022, increasing by 54% against the previous year. Overall, the export price, however, continues to indicate a mild contraction. The export price peaked at $17 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($56 per unit), while the average price for exports to the United States ($10 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 (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Toaster Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average domestic toaster import price amounted to $15.0 per unit, reducing by -46.8% against the previous month. Overall, the import price recorded a slight slump. The growth pace was the most rapid in March 2023 when the average import price increased by 72% month-to-month. The import price peaked at $28.1 per unit in August 2023, and then declined sharply in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.
Domestic Toaster Exports in Hong Kong SAR
After three years of growth, overseas shipments of domestic electric toasters decreased by -90.2% to 207K units in 2022. Over the period under review, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, the exports reached the peak of 2.1M units, and then declined notably in the following year.
In value terms, domestic toaster exports contracted significantly to $2.8M in 2022. Overall, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when exports increased by 52% against the previous year. Over the period under review, the exports hit record highs at $19M in 2021, and then contracted remarkably in the following year.
Export of Domestic Toaster in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.3 | 7.6 | 10.3 | 1.1 | -44.1% |
Canada | 0.3 | 2.1 | 5.3 | 0.7 | 32.6% |
China | 1.1 | 1.4 | 1.9 | 0.3 | -35.2% |
Russia | 0.5 | 0.7 | 0.6 | 0.3 | -15.7% |
Mexico | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
Singapore | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Others | 0.6 | 1.9 | 0.5 | 0.1 | -45.0% |
Total | 9.2 | 14.1 | 19.0 | 2.8 | -32.7% |
Top Export Markets for Domestic Toaster from Hong Kong SAR in 2022:
- United States (106.5K units)
- Canada (64.2K units)
- Mexico (15.9K units)
- China (5.9K units)
- Singapore (5.2K units)
- Russia (4.9K units)
Domestic Toaster Imports in Hong Kong SAR
In 2022, purchases abroad of domestic electric toasters decreased by -85.2% to 316K units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 186%. Imports peaked at 2.1M units in 2021, and then shrank notably in the following year.
In value terms, domestic toaster imports shrank significantly to $4.4M in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 162% against the previous year. Over the period under review, imports hit record highs at $18M in 2021, and then shrank notably in the following year.
Import of Domestic Toaster in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.8 | 15.5 | 18.1 | 4.4 | -8.8% |
Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Total | 6.0 | 15.7 | 18.3 | 4.4 | -9.8% |
Top Suppliers of Domestic Toaster to Hong Kong SAR in 2022:
- China (312.7K units)
This report provides an in-depth analysis of the domestic toaster 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 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
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
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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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