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Report Hong Kong SAR, China - Mining Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Mining Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Hong Kong SAR, China

The Hong Kong market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption, however, continues to indicate strong growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Hong Kong SAR, China

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped modestly to $X in 2022 estimated in export price. In general, production, however, saw moderate growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 6,058% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Hong Kong SAR, China

For the fifth year in a row, Hong Kong SAR recorded decline in shipments abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, which decreased by -83.5% to X units in 2022. Overall, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2017 with an increase of 98%. Over the period under review, the exports of attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids shrank notably to $X in 2022. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by 51% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), the Philippines (X units) and the UK (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Hong Kong SAR, with a combined 97% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +56.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and the Philippines ($X) were the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Hong Kong SAR worldwide, with a combined 95% share of total exports. Mozambique lagged somewhat behind, comprising a further 1.6%.

In terms of the main countries of destination, Mozambique, with a CAGR of +55.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, picking up by 350% against the previous year. Overall, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+54.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Hong Kong SAR, China

In 2022, approx. X units of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids were imported into Hong Kong SAR; with a decrease of -60.7% on 2021 figures. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2014 when imports increased by 121% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids declined significantly to $X in 2022. In general, imports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 285% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X units) was the main machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to Hong Kong SAR, accounting for a 96% share of total imports. It was followed by Japan (X units), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -1.4%.

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Hong Kong SAR, comprising 74% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.7%.

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, which is down by -43.9% against the previous year. Over the period under review, the import price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2021 an increase of 316%. As a result, import price attained the peak level of $X per unit, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+54.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids consuming country worldwide, accounting for 43% of total volume. Moreover, consumption of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in China exceeded the figures recorded by the second-largest consumer, South Africa, threefold. The third position in this ranking was occupied by the United States, with a 4.7% share.
The country with the largest volume of production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids was China, accounting for 69% of total volume. Moreover, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. Italy ranked third in terms of total production with a 4.2% share.
In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Hong Kong SAR were France, China and Germany, with a combined 96% share of total imports. These countries were followed by South Korea, which accounted for a further 0.4%.
In value terms, China, the Philippines and Taiwan Chinese) constituted the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Hong Kong SAR worldwide, together comprising 95% of total exports.
The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $1,446 per unit in 2021, surging by 22% against the previous year.
In 2021, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $14,985 per unit, surging by 224% against the previous year.

This report provides an in-depth analysis of the market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids 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 28924030 - Sorting, screening, separating, washing machines, crushing, g rinding, mixing, kneading machines excluding concrete/mortar mixers, machines for mixing mineral substances with bitumen
  • Prodcom 28924050 - Concrete or mortar mixers
  • Prodcom 28924070 - Machines for mixing mineral substances with bitumen
  • Prodcom 28993953 - Other machinery for earth, stone, ores, etc., 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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