Hong Kong SAR, China - Milling Industry Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilling Industry Machinery Price in Hong Kong SAR - 2023
Contents:
- Milling Industry Machinery Price in Hong Kong SAR (FOB) - 2022
- Milling Industry Machinery Price in Hong Kong SAR (CIF) - 2022
- Milling Industry Machinery Exports in Hong Kong SAR
- Milling Industry Machinery Imports in Hong Kong SAR
Milling Industry Machinery Price in Hong Kong SAR (FOB) - 2022
The average milling industry machinery export price stood at $1,475 per unit in 2022, reducing by -6.4% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 501%. As a result, the export price attained the peak level of $14,956 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($1,607 per unit), while the average price for exports to China stood at $1,342 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+0.2%), while the prices for the other major destinations experienced a decline.
Milling Industry Machinery Price in Hong Kong SAR (CIF) - 2022
The average milling industry machinery import price stood at $662 per unit in 2022, jumping by 63% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 792%. As a result, import price reached the peak level of $2,242 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,373 per unit), while the price for Taiwan (Chinese) totaled $289 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.2%).
Milling Industry Machinery Exports in Hong Kong SAR
In 2022, approx. 124 units of milling industry machinery were exported from Hong Kong SAR; with an increase of 13% on 2021. In general, exports, however, showed a abrupt decrease. Over the period under review, the exports reached the maximum at 147 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, milling industry machinery exports totaled $183K in 2022. Overall, exports, however, continue to indicate a deep setback. Over the period under review, the exports hit record highs at $250K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Milling Industry Machinery in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 152 | 120 | 167 | 99.7 | -13.1% |
China | 29.3 | 71.0 | 2.6 | 83.2 | 41.6% |
Others | 68.5 | N/A | 3.5 | N/A | -77.4% |
Total | 250 | 191 | 173 | 183 | -9.9% |
Top Export Markets for Milling Industry Machinery from Hong Kong SAR in 2022:
- Pakistan (62.0 units)
- China (62.0 units)
Milling Industry Machinery Imports in Hong Kong SAR
In 2022, the amount of milling industry machinery imported into Hong Kong SAR surged to 123 units, picking up by 22% compared with 2021 figures. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 46%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, milling industry machinery imports soared to $81K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Milling Industry Machinery in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | 8.1 | N/A | 49.8 | 148.0% |
Taiwan (Chinese) | 32.8 | 20.3 | 32.4 | 29.1 | -3.9% |
Others | 13.6 | N/A | 8.6 | 2.4 | -43.9% |
Total | 46.5 | 28.4 | 41.0 | 81.4 | 20.5% |
Top Suppliers of Milling Industry Machinery to Hong Kong SAR in 2022:
- Taiwan (Chinese) (101.0 units)
- Japan (21.0 units)
This report provides an in-depth analysis of the milling industry machinery 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 28931300 - Machinery used in the milling industry or for the working of cereals or dried leguminous vegetables (excluding farm-type machinery)
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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