Report Update Nov 1, 2024

Hong Kong SAR, China - Dryers for Wood, Paper Pulp, Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Wood Dryer Market 2024

Wood Dryer Market Size in Hong Kong SAR, China

In 2021, the Hong Kong wood dryer market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a noticeable downturn. Wood dryer consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Wood Dryer Exports

Exports from Hong Kong SAR, China

In 2021, exports of dryers for wood, paper pulp, paper or paperboard from Hong Kong SAR was estimated at X units, approximately reflecting 2020. Over the period under review, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2015 with an increase of 350%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wood dryer exports soared to $X in 2021. Overall, exports saw a dramatic decrease. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X units), the United States (X units) and Kenya (X units) were the main destinations of wood dryer exports from Hong Kong SAR.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for dryers for wood, paper pulp, paper or paperboard exports from Hong Kong SAR, comprising 70% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 16% share of total exports. It was followed by the United States, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value to China stood at -23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-7.2% per year) and the United States (+7.9% per year).

Export Prices by Country

In 2021, the average wood dryer export price amounted to $X per unit, approximately mirroring the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 165%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Kenya ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+25.1%), while the prices for the other major destinations experienced a decline.

Wood Dryer Imports

Imports into Hong Kong SAR, China

After two years of decline, purchases abroad of dryers for wood, paper pulp, paper or paperboard increased by 71% to X units in 2021. In general, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 314%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood dryer imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 209%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and China (X units) were the main suppliers of wood dryer imports to Hong Kong SAR, together accounting for 57% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +14.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) constituted the largest wood dryer suppliers to Hong Kong SAR, together accounting for 52% of total imports.

In terms of the main suppliers, Germany, with a CAGR of -3.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average wood dryer import price amounted to $X per unit, surging by 40% against the previous year. In general, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of 73%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+420.4%), 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 dryers for wood, paper pulp, paper or paperboard in the world?

The countries with the highest volumes of wood dryer consumption in 2021 were China, the United States and Germany, together comprising 30% of global consumption. These countries were followed by India, Japan, the Czech Republic, Italy, Brazil, Thailand, Ukraine and Finland, which together accounted for a further 28%.

What are the largest producers of dryers for wood, paper pulp, paper or paperboard in the world?

The countries with the highest volumes of wood dryer production in 2021 were China, the United States and Germany, together comprising 36% of global production. These countries were followed by India, Japan, Italy, Finland, Brazil, Poland, Austria, Democratic Republic of the Congo, Tanzania and Slovakia, which together accounted for a further 31%.

What are the leading suppliers of dryers for wood, paper pulp, paper or paperboard to Hong Kong SAR, China?

In value terms, the largest wood dryer suppliers to Hong Kong SAR were Italy, Germany and the Netherlands, with a combined 89% share of total imports.

What are the leading importers of dryers for wood, paper pulp, paper or paperboard from Hong Kong SAR, China?

In value terms, China remains the key foreign market for wood dryer exports from Hong Kong SAR, comprising 85% of total exports. The second position in the ranking was occupied by the United States, with a 10% share of total exports. It was followed by Vietnam, with a 4.2% share.

What is the average export price for dryers for wood, paper pulp, paper or paperboard in Hong Kong SAR, China?

In 2021, the average wood dryer export price amounted to $18,257 per unit, declining by -3.7% against the previous year.

What is the average import price for dryers for wood, paper pulp, paper or paperboard in Hong Kong SAR, China?

The average wood dryer import price stood at $31,145 per unit in 2021, dropping by -7.1% against the previous year.

This report provides an in-depth analysis of the wood dryer 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 28993130 - Dryers for wood, paper pulp, paper or paperboard

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