Report Update Nov 1, 2024

Hong Kong SAR, China - Carbon Brushes - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Carbon Brush Market 2024

Carbon Brush Market Size in Hong Kong SAR, China

In 2021, the Hong Kong carbon brush market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption recorded buoyant growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Carbon Brush Production in Hong Kong SAR, China

In value terms, carbon brush production soared to $X in 2021 estimated in export price. Over the period under review, production posted prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 49%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Carbon Brush Exports

Exports from Hong Kong SAR, China

In 2021, carbon brush exports from Hong Kong SAR surged to X tons, rising by 25% compared with the year before. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, carbon brush exports soared to $X in 2021. Overall, exports, however, saw a perceptible slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for carbon brush exports from Hong Kong SAR, accounting for a approx. 97% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -7.1%.

In value terms, China ($X) also remains the key foreign market for carbon brushes exports from Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -4.1%.

Export Prices by Country

In 2021, the average carbon brush export price amounted to $X per ton, rising by 6.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 an increase of 39%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, 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 China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +3.2% per year.

Carbon Brush Imports

Imports into Hong Kong SAR, China

In 2021, imports of carbon brushes into Hong Kong SAR surged to X tons, growing by 46% compared with 2020 figures. Over the period under review, imports, however, recorded a pronounced curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, carbon brush imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a slight setback. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tons), China (X tons) and Germany (X tons) were the main suppliers of carbon brush imports to Hong Kong SAR, with a combined 89% share of total imports. Serbia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 7.8%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +126.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X) constituted the largest supplier of carbon brushes to Hong Kong SAR, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 21% share of total imports. It was followed by China, with a 20% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.5% per year) and China (-6.3% per year).

Import Prices by Country

The average carbon brush import price stood at $X per ton in 2021, reducing by -7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2015 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbon brushes in the world?

China remains the largest carbon brush consuming country worldwide, comprising approx. 26% of total volume. Moreover, carbon brush consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.1% share.

What are the largest producers of carbon brushes in the world?

China constituted the country with the largest volume of carbon brush production, comprising approx. 30% of total volume. Moreover, carbon brush production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.7% share.

What are the leading suppliers of carbon brushes to Hong Kong SAR, China?

In value terms, Japan constituted the largest supplier of carbon brush to Hong Kong SAR, comprising 49% of total imports. The second position in the ranking was occupied by Germany, with a 19% share of total imports. It was followed by China, with a 14% share.

What are the leading importers of carbon brushes from Hong Kong SAR, China?

In value terms, China remains the key foreign market for carbon brush exports from Hong Kong SAR.

What is the average export price for carbon brushes in Hong Kong SAR, China?

The average carbon brush export price stood at $86,018 per ton in 2020, shrinking by -8.6% against the previous year.

What is the average import price for carbon brushes in Hong Kong SAR, China?

In 2020, the average carbon brush import price amounted to $79,355 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the carbon brush 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 27901370 - Carbon brushes

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023