Hong Kong SAR, China: Mower Market 2025

Mower Market Size in Hong Kong SAR, China

The Hong Kong mower market contracted to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Mower Production in Hong Kong SAR, China

In value terms, mower production declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Mower Exports

Exports from Hong Kong SAR, China

In 2022, the amount of mowers exported from Hong Kong SAR shrank sharply to X units, dropping by X% on the previous year. Overall, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, mower exports fell notably to $X in 2022. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Thailand (X units) were the main destinations of mower exports from Hong Kong SAR, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and the United States ($X) constituted the largest markets for mower exported from Hong Kong SAR worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, 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

The average mower export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Australia ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mower Imports

Imports into Hong Kong SAR, China

For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of mowers, which decreased by X% to X units in 2022. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, mower imports declined notably to $X in 2022. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Japan (X units) were the main suppliers of mower imports to Hong Kong SAR, together comprising X% of total imports. Austria, the UK and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), China ($X) and Japan ($X) were the largest mower suppliers to Hong Kong SAR, with a combined X% share of total imports. Austria, the UK and Singapore lagged somewhat behind, together comprising a further X%.

Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average mower import price amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Japan ($X per unit), while the price for Singapore ($X per unit) and the United States ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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