Dredgers Price in Hong Kong SAR - 2023

Contents:

1. Dredgers Price in Hong Kong SAR (FOB) - 2022
2. Dredgers Price in Hong Kong SAR (CIF) - 2023
3. Dredgers Exports in Hong Kong SAR
4. Dredgers Imports in Hong Kong SAR

Dredgers Price in Hong Kong SAR (FOB) - 2022

The average dredgers export price stood at $321,749 per unit in 2022, picking up by 478% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 80,470% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 the Philippines ($639,910 per unit), while the average price for exports to Mozambique ($421 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 the Philippines (+8,517.3%), while the prices for the other major destinations experienced a decline.

Dredgers Price in Hong Kong SAR (CIF) - 2023

In April 2023, the average dredgers import price amounted to $255K per unit, approximately equating the previous month. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level of $255K per unit, leveling off in the following month.

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

From March 2023 to April 2023, the rate of growth in terms of prices for China amounted to -0.0% per month.

Dredgers Exports in Hong Kong SAR

In 2022, shipments abroad of dredgerses decreased by -89.2% to 4 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 400%. The exports peaked at 37 units in 2021, and then dropped dramatically in the following year.

In value terms, dredgers exports shrank dramatically to $1.3M in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 402,749%. Over the period under review, the exports attained the peak figure at $2.1M in 2021, and then reduced notably in the following year.

Top Export Markets for Dredgers from Hong Kong SAR in 2022:

1. China (1.0 units)
2. Philippines (1.0 units)
3. Mozambique (1.0 units)

Dredgers Imports in Hong Kong SAR

After three years of growth, supplies from abroad of dredgerses decreased by -25% to 6 units in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. Over the period under review, imports reached the peak figure at 8 units in 2021, and then dropped remarkably in the following year.

In value terms, dredgers imports surged to $2.7M in 2022. Over the period under review, imports faced a abrupt shrinkage. Imports peaked at $4.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Dredgers to Hong Kong SAR in 2022:

1. China (6.0 units)

Source: IndexBox Market Intelligence Platform