Report Hong Kong SAR, China - Machinery for Making or Repairing Articles of Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Hong Kong SAR, China - Machinery for Making or Repairing Articles of Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Hide Repairing Machinery Market 2024

Hide Repairing Machinery Market Size in Hong Kong SAR, China

After two years of growth, the Hong Kong hide repairing machinery market decreased by -0.7% to $X in 2022. Overall, consumption, however, showed a tangible increase. Hide repairing machinery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Hide Repairing Machinery Production in Hong Kong SAR, China

In value terms, hide repairing machinery production expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.5% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 48% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Hide Repairing Machinery Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of machinery for making or repairing articles of hides, skins or leather was finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 when exports increased by 162% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hide repairing machinery exports surged to $X in 2022. Over the period under review, exports, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of 194%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for hide repairing machinery exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled +52.7%.

In value terms, India ($X) emerged as the key foreign market for machinery for making or repairing articles of hides, skins or leather exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +47.6%.

Export Prices by Country

In 2022, the average hide repairing machinery export price amounted to $X per unit, jumping by 49% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hide repairing machinery export price decreased by -20.1% against 2020 indices. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +21.8% per year.

Hide Repairing Machinery Imports

Imports into Hong Kong SAR, China

Hide repairing machinery imports into Hong Kong SAR fell dramatically to X units in 2022, waning by -87.5% on 2021 figures. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 232%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hide repairing machinery imports dropped markedly to $X in 2022. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2018 with an increase of 229% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) was the main supplier of hide repairing machinery to Hong Kong SAR, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to -36.0%.

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing articles of hides, skins or leather to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to -30.2%.

Import Prices by Country

The average hide repairing machinery import price stood at $X per unit in 2022, reducing by -4.4% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hide repairing machinery import price decreased by -14.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 32%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for making or repairing articles of hides, skins or leather in the world?

The countries with the highest volumes of hide repairing machinery consumption in 2020 were Taiwan Chinese), Indonesia and Italy, with a combined 56% share of global consumption. These countries were followed by Vietnam, Sweden, Hong Kong SAR, Cambodia, Egypt and India, which together accounted for a further 25%.

What are the largest producers of machinery for making or repairing articles of hides, skins or leather in the world?

The country with the largest volume of hide repairing machinery production was Taiwan Chinese), accounting for 50% of total volume. Moreover, hide repairing machinery production in Taiwan Chinese) exceeded the figures recorded by the second-largest producer, Italy, twofold. Sweden ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of machinery for making or repairing articles of hides, skins or leather to Hong Kong SAR, China?

In value terms, Italy constituted the largest supplier of hide repairing machinery to Hong Kong SAR, comprising 80% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports.

What are the leading importers of machinery for making or repairing articles of hides, skins or leather from Hong Kong SAR, China?

In value terms, China, Vietnam and India constituted the largest markets for hide repairing machinery exported from Hong Kong SAR worldwide.

What is the average export price for machinery for making or repairing articles of hides, skins or leather in Hong Kong SAR, China?

The average hide repairing machinery export price stood at $2,601 per unit in 2020, growing by 222% against the previous year.

What is the average import price for machinery for making or repairing articles of hides, skins or leather in Hong Kong SAR, China?

The average hide repairing machinery import price stood at $2,795 per unit in 2020, surging by 61% against the previous year.

This report provides an in-depth analysis of the hide repairing machinery 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 28943070 - Machinery for making/repairing articles of hides, skins or leather, n.e.c.

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