Hong Kong SAR, China: Non-Electric Mower Market 2022

Non-Electric Mower Market Size in Hong Kong SAR, China

The Hong Kong non-electric mower market shrank rapidly to $X in 2020, dropping by -X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Non-Electric Mower Production in Hong Kong SAR, China

In value terms, non-electric mower production fell sharply to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then dropped notably in the following year.

Non-Electric Mower Exports

Exports from Hong Kong SAR, China

In 2020, overseas shipments of non-electric mowers for lawns, parks or sports grounds decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, non-electric mower exports declined to $X in 2020. Over the period under review, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons), the U.S. (X tons) and China (X tons) were the main destinations of non-electric mower exports from Hong Kong SAR, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Germany (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and China ($X) appeared to be the largest markets for non-electric mower exported from Hong Kong SAR worldwide, with a combined X% share of total exports.

Germany (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average non-electric mower export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, non-electric mower export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2020, the countries with the highest prices were France ($X per ton) and China ($X per ton), while the average price for exports to Macao SAR ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Mower Imports

Imports into Hong Kong SAR, China

In 2020, overseas purchases of non-electric mowers for lawns, parks or sports grounds were finally on the rise to reach X tons for the first time since 2016, thus ending a three-year declining trend. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2017 to 2020, the growth imports failed to regain the momentum.

In value terms, non-electric mower imports soared to $X in 2020. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2017 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tons) constituted the largest supplier of non-electric mower to Hong Kong SAR, with a X% share of total imports. Moreover, non-electric mower imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of non-electric mower to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2020, the average non-electric mower import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, non-electric mower import price decreased by -X% against 2013 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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