Hong Kong SAR, China: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Hong Kong SAR, China

The Hong Kong liquid supply meter market shrank to $X in 2021, declining by -8.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Liquid Supply Meter Exports

Exports from Hong Kong SAR, China

In 2021, exports of liquid supply or production meters from Hong Kong SAR shrank sharply to X units, with a decrease of -54.9% on 2020. Overall, exports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2014 with an increase of 160%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, liquid supply meter exports declined remarkably to $X in 2021. In general, exports, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 103% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units), Egypt (X units) and Sweden (X units) were the main destinations of liquid supply meter exports from Hong Kong SAR, together accounting for 66% of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +227.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for liquid supply meter exported from Hong Kong SAR were Mexico ($X), China ($X) and Egypt ($X), together accounting for 75% of total exports.

In terms of the main countries of destination, Mexico, with a CAGR of +204.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average liquid supply meter export price amounted to $X per unit, with an increase of 28% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 165%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States ($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 France (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Supply Meter Imports

Imports into Hong Kong SAR, China

Liquid supply meter imports into Hong Kong SAR reduced markedly to X units in 2021, declining by -20% against the previous year. In general, imports saw a slight setback. The pace of growth appeared the most rapid in 2016 when imports increased by 159% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, liquid supply meter imports shrank to $X in 2021. Over the period under review, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -36.2% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X units) constituted the largest supplier of liquid supply meter to Hong Kong SAR, with a 87% share of total imports. Moreover, liquid supply meter imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at +49.0%.

In value terms, Malaysia ($X) constituted the largest supplier of liquid supply or production meters to Hong Kong SAR, comprising 65% of total imports. The second position in the ranking was held by China ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia amounted to +32.9%.

Import Prices by Country

The average liquid supply meter import price stood at $X per unit in 2021, rising by 16% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, liquid supply meter import price increased by +65.3% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 37%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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