Hong Kong SAR, China: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Hong Kong SAR, China

The Hong Kong multi-station transfer machine market fell sharply to $X in 2021, which is down by -93.3% against the previous year. Overall, consumption recorded a dramatic descent. Multi-station transfer machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Multi-Station Transfer Machine Production in Hong Kong SAR, China

In value terms, multi-station transfer machine production reached $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 30% against the previous year. Multi-station transfer machine production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Multi-Station Transfer Machine Exports

Exports from Hong Kong SAR, China

In 2021, overseas shipments of multi-station transfer machines for working metal increased by 3,150% to X units, rising for the second consecutive year after four years of decline. Overall, exports saw strong growth. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, multi-station transfer machine exports surged to $X in 2021. Over the period under review, exports showed resilient growth. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X units) was the main destination for multi-station transfer machine exports from Hong Kong SAR, with a 77% share of total exports. Moreover, multi-station transfer machine exports to Hungary exceeded the volume sent to the second major destination, India (X units), tenfold. Italy (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+19.6% per year) and Italy (+10.7% per year).

In value terms, China ($X) emerged as the key foreign market for multi-station transfer machines for working metal exports from Hong Kong SAR, comprising 94% of total exports. The second position in the ranking was held by Italy ($X), with a 4.1% share of total exports. It was followed by India, with a 0.3% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+73.0% per year) and India (-13.7% per year).

Export Prices by Country

In 2021, the average multi-station transfer machine export price amounted to $X per unit, increasing by 29% against the previous year. Overall, the export price, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 176%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 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 ($X per unit), while the average price for exports to Hungary ($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 Malaysia (+54.4%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Hong Kong SAR, China

After two years of growth, purchases abroad of multi-station transfer machines for working metal decreased by -35% to X units in 2021. Over the period under review, imports saw a precipitous decline. The growth pace was the most rapid in 2017 when imports increased by 244% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, multi-station transfer machine imports expanded remarkably to $X in 2021. Overall, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2017 with an increase of 359%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X units) constituted the largest multi-station transfer machine supplier to Hong Kong SAR, accounting for a 85% share of total imports. Moreover, multi-station transfer machine imports from Malaysia exceeded the figures recorded by the second-largest supplier, Australia (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia totaled -40.1%.

In value terms, the largest multi-station transfer machine suppliers to Hong Kong SAR were Australia ($X), Malaysia ($X) and Singapore ($X), together comprising 53% of total imports.

Malaysia, with a CAGR of -20.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average multi-station transfer machine import price stood at $X per unit in 2021, increasing by 74% against the previous year. Over the period under review, the import price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2016 an increase of 122% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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