Report Update Jan 1, 2025

Hong Kong SAR, China - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in Hong Kong SAR, China

The Hong Kong transportation vehicle body market fell to $X in 2022, waning by -9.1% against the previous year. Overall, consumption, however, showed a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Transportation Vehicle Body Production in Hong Kong SAR, China

In value terms, transportation vehicle body production contracted to $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by 144%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Transportation Vehicle Body Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of bodies for motor vehicles for the transporting people increased by 214% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 513%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,473% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X units) was the main destination for transportation vehicle body exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar was relatively modest.

In value terms, Myanmar ($X) emerged as the key foreign market for bodies for motor vehicles for the transporting people exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar was relatively modest.

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, increasing by 47% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 623%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +47.5% per year.

Transportation Vehicle Body Imports

Imports into Hong Kong SAR, China

In 2022, imports of bodies for motor vehicles for the transporting people into Hong Kong SAR reduced dramatically to X units, which is down by -60.4% against 2021 figures. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 79%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, transportation vehicle body imports dropped dramatically to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by 236% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units) and China (X units) were the main suppliers of transportation vehicle body imports to Hong Kong SAR.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +22.3%).

In value terms, China ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to Hong Kong SAR, comprising 92% of total imports. The second position in the ranking was taken by the UK ($X), with an 8.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +40.2%.

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, reducing by -52.7% against the previous year. In general, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 210%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted rapidly in the following year.

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 China ($X per unit), while the price for the UK totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bodies for motor vehicles for the transporting people in the world?

The country with the largest volume of transportation vehicle body consumption was China, comprising approx. 28% of total volume. Moreover, transportation vehicle body consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, fourfold. The United States ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of bodies for motor vehicles for the transporting people in the world?

China constituted the country with the largest volume of transportation vehicle body production, accounting for 34% of total volume. Moreover, transportation vehicle body production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by India, with a 5.4% share.

What are the leading suppliers of bodies for motor vehicles for the transporting people to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of transportation vehicle body to Hong Kong SAR.

What are the leading importers of bodies for motor vehicles for the transporting people from Hong Kong SAR, China?

In value terms, China remains the key foreign market for transportation vehicle body exports from Hong Kong SAR.

What is the average export price for bodies for motor vehicles for the transporting people in Hong Kong SAR, China?

In 2021, the average transportation vehicle body export price amounted to $1,338 per unit, with an increase of 4.4% against the previous year.

What is the average import price for bodies for motor vehicles for the transporting people in Hong Kong SAR, China?

The average transportation vehicle body import price stood at $694 per unit in 2021, reducing by -18.6% against the previous year.

This report provides an in-depth analysis of the transportation vehicle body 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 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024