Price for Baby Carriages and Parts Thereof in Hong Kong SAR - 2023
Contents:
- Price for Baby Carriages and Parts Thereof in Hong Kong SAR (CIF) - 2023
- Price for Baby Carriages and Parts Thereof in Hong Kong SAR (FOB) - 2023
- Imports of Baby Carriages and Parts Thereof in Hong Kong SAR
- Exports of Baby Carriages and Parts Thereof in Hong Kong SAR
Price for Baby Carriages and Parts Thereof in Hong Kong SAR (CIF) - 2023
In June 2023, the average import price for baby carriages and parts thereoves amounted to $62.7 per unit, with a decrease of -48.6% against the previous month. Over the period under review, the import price, however, enjoyed mild growth. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 66% month-to-month. The import price peaked at $122 per unit in May 2023, and then contracted remarkably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +2.1% per month.
Price for Baby Carriages and Parts Thereof in Hong Kong SAR (FOB) - 2023
The average export price for baby carriages and parts thereoves stood at $64.8 per unit in June 2023, reducing by -18.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 106% month-to-month. As a result, the export price attained the peak level of $154 per unit. From November 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Macao SAR ($206 per unit), while the average price for exports to Germany ($17.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Baby Carriages and Parts Thereof in Hong Kong SAR
In 2022, approx. 169K units of baby carriages and parts thereoves were imported into Hong Kong SAR; falling by -63.3% on 2021 figures. Over the period under review, imports faced a significant decline. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum at 832K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, baby carriages and parts thereof imports contracted significantly to $11M in 2022. Overall, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked at $46M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Baby Carriages and Parts Thereof in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.9 | 18.8 | 22.1 | 9.9 | -39.6% |
| Others | 1.6 | 0.6 | 0.8 | 0.7 | -24.1% |
| Total | 46.5 | 19.4 | 22.9 | 10.6 | -38.9% |
Top Suppliers of Baby Carriages and Parts Thereof to Hong Kong SAR in 2022:
- China (165.6K units)
Exports of Baby Carriages and Parts Thereof in Hong Kong SAR
In 2022, baby carriages and parts thereof exports from Hong Kong SAR shrank remarkably to 153K units, falling by -70% against 2021 figures. Overall, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports hit record highs at 860K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, baby carriages and parts thereof exports contracted markedly to $10M in 2022. Over the period under review, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports reached the maximum at $33M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Baby Carriages and Parts Thereof in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 3.4 | 4.3 | 3.6 | -23.4% |
| Taiwan (Chinese) | 1.9 | 1.7 | 2.4 | 3.4 | 21.4% |
| United States | 3.6 | 1.8 | 8.0 | 1.0 | -34.8% |
| United Kingdom | 4.6 | 1.2 | 0.4 | 0.8 | -44.2% |
| Germany | 1.2 | 0.9 | 1.0 | 0.8 | -12.6% |
| France | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Netherlands | 4.8 | 0.1 | N/A | N/A | -97.9% |
| Sweden | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
| Poland | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
| Australia | 3.2 | 1.5 | 0.1 | N/A | -82.3% |
| Canada | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 4.3 | 2.2 | 2.4 | 0.5 | -51.2% |
| Total | 33.3 | 13.6 | 19.4 | 10.3 | -32.4% |
Top Export Markets for Baby Carriages and Parts Thereof from Hong Kong SAR in 2022:
- Taiwan (Chinese) (54.8K units)
- China (31.3K units)
- United States (23.7K units)
- United Kingdom (15.9K units)
- Germany (14.1K units)
- France (3.5K units)
- Poland (1.9K units)
- Australia (1.5K units)
- Netherlands (0.9K units)
- Canada (0.1K units)
- Sweden (0.1K units)
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This report provides an in-depth analysis of the baby carriage market in Hong Kong SAR, China.
448
This report provides an in-depth analysis of the global baby carriage market.
274
This report provides an in-depth analysis of the baby carriage market in Hong Kong SAR, China.
448
This report provides an in-depth analysis of the global baby carriage market.
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