Hong Kong SAR, China - Machines for Cleaning, Sorting or Grading Eggs and Fruit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Food Sorting Machine Market 2024
Food Sorting Machine Market Size in Hong Kong SAR, China
The Hong Kong food sorting machine market stood at $X in 2021, surging by 3% against the previous year. In general, consumption, however, continues to indicate a noticeable reduction. Food sorting machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Food Sorting Machine Production in Hong Kong SAR, China
In value terms, food sorting machine production declined modestly to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 37%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Food Sorting Machine Exports
Exports from Hong Kong SAR, China
In 2021, food sorting machine exports from Hong Kong SAR reduced rapidly to X units, waning by -45.5% on 2020. In general, exports, however, posted a temperate increase. The growth pace was the most rapid in 2013 with an increase of 800% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, food sorting machine exports contracted rapidly to $X in 2021. Overall, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2016 with an increase of 28,688%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
China (X units) was the main destination for food sorting machine exports from Hong Kong SAR, with a 67% share of total exports. Moreover, food sorting machine exports to China exceeded the volume sent to the second major destination, Georgia (X units), fourfold.
From 2012 to 2021, the average annual growth rate of volume to China totaled +16.7%.
In value terms, China ($X) remains the key foreign market for machines for cleaning, sorting or grading eggs and fruit exports from Hong Kong SAR, comprising 73% of total exports. The second position in the ranking was taken by Georgia ($X), with a 24% share of total exports.
From 2012 to 2021, the average annual growth rate of value to China amounted to +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (0.0% per year) and the United States (-49.5% per year).
Export Prices by Country
In 2021, the average food sorting machine export price amounted to $X per unit, growing by 3.6% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to China ($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 (+2.7%).
Food Sorting Machine Imports
Imports into Hong Kong SAR, China
Food sorting machine imports into Hong Kong SAR surged to X units in 2021, with an increase of 650% against the year before. In general, imports saw a significant increase. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, food sorting machine imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 408%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) was the main supplier of food sorting machine to Hong Kong SAR, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +47.2%.
In value terms, China ($X) constituted the largest supplier of machines for cleaning, sorting or grading eggs and fruit to Hong Kong SAR.
From 2012 to 2021, the average annual growth rate of value from China totaled +106.5%.
Import Prices by Country
The average food sorting machine import price stood at $X per unit in 2021, falling by -37.6% against the previous year. In general, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 51% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Denmark amounted to +184.6% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the food sorting machine 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 28308100 - Machines for cleaning, sorting or grading eggs, fruit or other agricultural produce
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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