Price for Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR - 2023
Contents:
- Price for Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (CIF) - 2023
- Price for Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (FOB) - 2022
- Imports of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR
- Exports of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR
Price for Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (CIF) - 2023
In November 2023, the average non-tanker trailer and semi-trailers import price amounted to $14,392 per unit, surging by 1.8% against the previous month. Overall, the import price saw measured growth. The most prominent rate of growth was recorded in January 2023 an increase of 196% m-o-m. As a result, import price attained the peak level of $42,939 per unit; afterwards, it flattened through to November 2023.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($14,418 per unit), while the price for Germany amounted to $14,105 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (FOB) - 2022
The average non-tanker trailer and semi-trailers export price stood at $13,136 per unit in 2022, growing by 54% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 319%. As a result, the export price attained the peak level of $16,813 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($108,183 per unit), while the average price for exports to the Philippines stood at $2,982 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+30.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR
In 2022, imports of non-tanker trailers and semi-trailers into Hong Kong SAR soared to 249 units, increasing by 24% compared with the previous year. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked at 319 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-tanker trailer and semi-trailers imports contracted to $5.4M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of $5.7M, and then contracted in the following year.
| Import of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.2 | 2.3 | 4.4 | 7.9% |
| Luxembourg | N/A | N/A | N/A | 0.4 | 0% |
| Vietnam | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 1.4 | 0.2 | 2.7 | N/A | 38.9% |
| Others | 0.6 | 0.8 | 0.8 | 0.5 | -5.9% |
| Total | 5.5 | 3.2 | 5.7 | 5.4 | -0.6% |
Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Hong Kong SAR in 2022:
- China (229.0 units)
- Vietnam (8.0 units)
- Luxembourg (6.0 units)
Exports of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR
Non-tanker trailer and semi-trailers exports from Hong Kong SAR reduced sharply to 98 units in 2022, falling by -49.7% on the previous year. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 103%. As a result, the exports attained the peak of 195 units, and then declined rapidly in the following year.
In value terms, non-tanker trailer and semi-trailers exports contracted dramatically to $1.3M in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 223%. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Tanker Trailer and Semi-Trailers in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,037 | 189 | 1,006 | 649 | -14.5% |
| Philippines | 561 | 319 | 512 | 638 | 4.4% |
| Others | 487 | 6.4 | 143 | N/A | -45.8% |
| Total | 2,085 | 515 | 1,661 | 1,287 | -14.9% |
Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Hong Kong SAR in 2022:
- Philippines (214.0 units)
- China (6.0 units)
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