Hong Kong SAR, China - Mowers for Lawns, Parks, Golf Courses or Sports Grounds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHong Kong Sees a Major Surge in Lawn Mower Imports, Reaching $2.3M in 2023
Hong Kong Lawn Mower Imports
In 2023, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds was finally on the rise to reach 3.9K units after three years of decline. Over the period under review, imports, however, continue to indicate a pronounced setback. Over the period under review, imports attained the maximum at 6.6K units in 2017; however, from 2018 to 2023, imports failed to regain momentum.
In value terms, lawn mower imports surged to $2.3M (IndexBox estimates) in 2023. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $2.7M in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Lawn Mower in Hong Kong (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 963 | 636 | 603 | 993 | 1,516 | 150 | 1,024 | 328 | 272 | 181 | 966 |
| United States | 812 | 721 | 943 | 403 | 806 | 795 | 790 | 1,127 | 481 | 321 | 920 |
| Japan | 202 | 236 | 329 | 236 | 276 | 350 | 422 | 187 | 286 | 143 | 198 |
| Belgium | N/A | N/A | 3.7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 109 |
| Vietnam | N/A | N/A | N/A | N/A | N/A | 4.4 | 29.8 | N/A | 28.8 | 2.2 | 70.0 |
| Singapore | 5.1 | N/A | N/A | N/A | N/A | 8.7 | N/A | 9.5 | 15.5 | 13.0 | 41.5 |
| United Kingdom | 169 | 111 | 3.6 | 85.7 | 12.8 | 18.0 | 23.0 | 30.9 | 9.2 | 13.3 | 21.1 |
| Others | 104 | 187 | 100 | 132 | 101 | 69.2 | 66.6 | 100 | 77.2 | 34.6 | 22.3 |
| Total | 2,255 | 1,891 | 1,982 | 1,851 | 2,712 | 1,395 | 2,355 | 1,783 | 1,170 | 708 | 2,348 |
Imports by Country
China (1.6K units), the United States (1.6K units) and Japan (263 units) were the main suppliers of lawn mower imports to Hong Kong, together accounting for 88% of total imports. Belgium, Vietnam, Singapore and the UK lagged somewhat behind, together accounting for a further 11%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +71.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($966K), the United States ($920K) and Japan ($198K) appeared to be the largest lawn mower suppliers to Hong Kong, together comprising 89% of total imports. Belgium, Vietnam, Singapore and the UK lagged somewhat behind, together comprising a further 10%.
In terms of the main suppliers, Vietnam, with a CAGR of +74.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the lawn mower price amounted to $603 per unit (CIF, Hong Kong), picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Japan ($751 per unit) and China ($603 per unit), while the price for Belgium ($582 per unit) and the United States ($583 per unit) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the lawn mower 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 28304010 - Electric mowers for lawns, parks, golf courses or sports grounds
- Prodcom 28304030 - Mowers for lawns, parks or sports grounds, powered nonelectrically, w ith the cutting device rotating in a horizontal plane
- Prodcom 28304050 - Motor mowers for lawns, parks or sports grounds, powered non-electrically, with the cutting device rotating in a vertical plane or with cutter bars
- Prodcom 28304070 - Non-motorised mowers for lawns, parks, golf courses or sports grounds (such as push cylinder mowers) (excluding with the cutting device rotating in a horizontal plane)
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
