Hong Kong SAR, China - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Continuous-Action Elevators and Conveyors in Hong Kong SAR - 2023
Contents:
- Price for Continuous-Action Elevators and Conveyors in Hong Kong SAR (CIF) - 2022
- Price for Continuous-Action Elevators and Conveyors in Hong Kong SAR (FOB) - 2022
- Imports of Continuous-Action Elevators and Conveyors in Hong Kong SAR
- Exports of Continuous-Action Elevators and Conveyors in Hong Kong SAR
Price for Continuous-Action Elevators and Conveyors in Hong Kong SAR (CIF) - 2022
The average continuous-action elevators and conveyors import price stood at $8,850 per unit in 2022, growing by 20% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, continuous-action elevators and conveyors import price increased by +50.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 72% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Malaysia ($31,945 per unit), while the price for Austria ($2,004 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Continuous-Action Elevators and Conveyors in Hong Kong SAR (FOB) - 2022
In 2022, the average continuous-action elevators and conveyors export price amounted to $4,809 per unit, dropping by -17.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 66%. As a result, the export price attained the peak level of $8,602 per unit. From 2021 to 2022, 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 Vietnam ($7,549 per unit), while the average price for exports to India ($3,355 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 India (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Continuous-Action Elevators and Conveyors in Hong Kong SAR
In 2022, approx. 5.3K units of continuous-action elevators and conveyors were imported into Hong Kong SAR; shrinking by -3.6% on the previous year. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked at 7.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, continuous-action elevators and conveyors imports soared to $47M in 2022. Overall, imports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Continuous-Action Elevators and Conveyors in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.3 | 18.7 | 30.0 | 24.1 | -1.6% |
| Japan | 5.8 | 1.9 | 3.7 | 10.4 | 21.5% |
| Malaysia | 0.3 | N/A | 1.1 | 4.3 | 142.9% |
| Austria | N/A | N/A | N/A | 0.9 | 0% |
| United States | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| South Korea | 1.4 | 3.6 | 0.7 | 0.2 | -47.7% |
| Others | 12.8 | 2.9 | 5.0 | 6.6 | -19.8% |
| Total | 45.8 | 27.2 | 40.6 | 47.1 | 0.9% |
Top Suppliers of Continuous-Action Elevators and Conveyors to Hong Kong SAR in 2022:
- China (3692.0 units)
- Japan (698.0 units)
- Austria (446.0 units)
- United States (149.0 units)
- Malaysia (135.0 units)
- South Korea (17.0 units)
Exports of Continuous-Action Elevators and Conveyors in Hong Kong SAR
Continuous-action elevators and conveyors exports from Hong Kong SAR declined remarkably to 2.9K units in 2022, which is down by -27.9% compared with 2021. Overall, exports showed a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 52%. The exports peaked at 7.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, continuous-action elevators and conveyors exports shrank markedly to $14M in 2022. Over the period under review, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 2.6% against the previous year. Over the period under review, the exports hit record highs at $41M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Continuous-Action Elevators and Conveyors in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.4 | 20.6 | 21.4 | 12.0 | -31.5% |
| Malaysia | 0.9 | 0.6 | 0.2 | 0.4 | -23.7% |
| Vietnam | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| India | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| Taiwan (Chinese) | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| United States | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Others | 0.9 | 0.7 | 0.9 | 0.7 | -8.0% |
| Total | 40.8 | 22.9 | 23.5 | 14.0 | -30.0% |
Top Export Markets for Continuous-Action Elevators and Conveyors from Hong Kong SAR in 2022:
- China (2586.0 units)
- India (92.0 units)
- Vietnam (50.0 units)
- Malaysia (49.0 units)
- Taiwan (Chinese) (44.0 units)
- United States (8.0 units)
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
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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