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Hong Kong SAR, China - Machine-Tools for Working Wood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Market for Machine-Tools For Working Wood 2024
Market Size for Machine-Tools For Working Wood in Hong Kong SAR, China
The Hong Kong machine-tool for working wood market contracted remarkably to $X in 2023, which is down by X% against the previous year. In general, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.
Production of Machine-Tools For Working Wood in Hong Kong SAR, China
In value terms, machine-tool for working wood production fell significantly to $X in 2023 estimated in export price. In general, production recorded a dramatic decline. Machine-tool for working wood production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.
Exports of Machine-Tools For Working Wood
Exports from Hong Kong SAR, China
Machine-tool for working wood exports from Hong Kong SAR surged to X units in 2023, growing by X% compared with the year before. Over the period under review, exports showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, machine-tool for working wood exports reduced markedly to $X in 2023. In general, exports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
China (X units) was the main destination for machine-tool for working wood exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, machine-tool for working wood exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold.
From 2012 to 2023, the average annual growth rate of volume to China totaled X%.
In value terms, China ($X) remains the key foreign market for machine-tools for working wood exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to China amounted to X%.
Export Prices by Country
In 2023, the average machine-tool for working wood export price amounted to $X per unit, declining by X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States amounted to $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (X%), while the prices for the other major destinations experienced a decline.
Imports of Machine-Tools For Working Wood
Imports into Hong Kong SAR, China
In 2023, machine-tool for working wood imports into Hong Kong SAR fell markedly to X units, declining by X% against 2022 figures. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, machine-tool for working wood imports shrank dramatically to $X in 2023. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports failed to regain momentum.
Imports by Country
In 2023, China (X units) constituted the largest machine-tool for working wood supplier to Hong Kong SAR, with a X% share of total imports. Moreover, machine-tool for working wood imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Germany (X% per year).
In value terms, Germany ($X) constituted the largest supplier of machine-tools for working wood to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).
Import Prices by Country
In 2023, the average machine-tool for working wood import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for machine-tool for working wood 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 28491210 - Multi-purpose machines where the workpiece is manually transferred between operations, for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
- Prodcom 28491220 - Multi-purpose machines where the workpiece is automatically transferred between operations for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
- Prodcom 28491233 - Band saws for working wood, cork, bone and hard rubber, h ard plastics or similar hard materials
- Prodcom 28491235 - Circular saws for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
- Prodcom 28491237 - Sawing machines for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials (excluding band saws, c ircular saws)
- Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
- Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
- Prodcom 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
- Prodcom 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
- Prodcom 28491275 - Splitting, slicing or paring machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
- Prodcom 28491279 - Machine tools for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials, n.e.c.
- Prodcom 28491287 - Presses for the manufacture of particle board or fibre building board of wood or other ligneous materials, and other machines with individual functions for treating wood or cork
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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