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Hong Kong SAR, China - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEscalator Price in Hong Kong SAR - 2023
Contents:
- Escalator Price in Hong Kong SAR (CIF) - 2023
- Escalator Price in Hong Kong SAR (FOB) - 2022
- Escalator Imports in Hong Kong SAR
- Escalator Exports in Hong Kong SAR
Escalator Price in Hong Kong SAR (CIF) - 2023
The average escalator import price stood at $38,291 per unit in May 2023, shrinking by -30.9% against the previous month. Over the period under review, the import price showed a pronounced setback. The most prominent rate of growth was recorded in April 2023 an increase of 64% against the previous month. Over the period under review, average import prices reached the peak figure at $62,021 per unit in January 2023; however, from February 2023 to May 2023, 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 May 2022 to May 2023, the rate of growth in terms of prices for Thailand amounted to +2.4% per month.
Escalator Price in Hong Kong SAR (FOB) - 2022
In 2022, the average escalator export price amounted to $66,885 per unit, increasing by 189% against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 686%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +36.5% per year.
Escalator Imports in Hong Kong SAR
Escalator imports into Hong Kong SAR soared to 286 units in 2022, with an increase of 125% on 2021 figures. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, escalator imports soared to $12M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Escalator in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 10.4 | 4.7 | 8.3 | 5.3% |
Thailand | 0.3 | 0.3 | 1.9 | 3.9 | 135.1% |
South Korea | N/A | N/A | N/A | 0.2 | 0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
Others | 1.7 | 0.9 | 0.7 | N/A | -35.8% |
Total | 9.0 | 11.5 | 7.4 | 12.4 | 11.3% |
Top Suppliers of Escalator to Hong Kong SAR in 2022:
- China (218.0 units)
- Thailand (59.0 units)
- South Korea (9.0 units)
Escalator Exports in Hong Kong SAR
Escalator exports from Hong Kong SAR dropped remarkably to 2 units in 2022, waning by -90.9% compared with the year before. In general, exports showed a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports attained the maximum at 25 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, escalator exports fell significantly to $134K in 2022. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of $509K, and then fell markedly in the following year.
Export of Escalator in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 11.1 | 22.1 | 65.3 | 134 | 129.4% |
Cyprus | 1.3 | 1.5 | 1.9 | N/A | 20.9% |
Hungary | 13.6 | 18.8 | 29.8 | N/A | 48.0% |
Mozambique | 38.4 | 35.8 | 29.3 | N/A | -12.6% |
India | 0.6 | 0.7 | 0.9 | N/A | 22.5% |
Indonesia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Australia | 20.5 | 29.4 | 48.2 | N/A | 53.3% |
Israel | 50.7 | 83.7 | 158 | N/A | 76.5% |
Brazil | 22.0 | 44.3 | 70.1 | N/A | 78.5% |
Others | 36.7 | 46.1 | 105 | N/A | 69.1% |
Total | 195 | 282 | 509 | 134 | -11.8% |
Top Export Markets for Escalator from Hong Kong SAR in 2022:
- Macao SAR (2.0 units)
This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways
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
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