Hong Kong SAR, China: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Hong Kong SAR, China

The Hong Kong mechanical hand floor sweeper market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Motorised Hand-Operated Mechanical Floor Sweepers in Hong Kong SAR, China

In value terms, mechanical hand floor sweeper production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports from Hong Kong SAR, China

In 2022, approx. X units of non-motorised hand-operated mechanical floor sweepers were exported from Hong Kong SAR; approximately reflecting the previous year's figure. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, mechanical hand floor sweeper exports dropped significantly to $X in 2022. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for mechanical hand floor sweeper exports from Hong Kong SAR, accounting for a 49% share of total exports. Moreover, mechanical hand floor sweeper exports to China exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Germany (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-13.0% per year) and Germany (-13.3% per year).

In value terms, China ($X) remains the key foreign market for non-motorised hand-operated mechanical floor sweepers exports from Hong Kong SAR, comprising 49% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Germany, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.7% per year) and Germany (-12.0% per year).

Export Prices by Country

The average mechanical hand floor sweeper export price stood at $X per unit in 2022, waning by -17.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 17%. As a result, the export price attained the peak level of $X per unit, and then fell rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the average price for exports to Canada ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports into Hong Kong SAR, China

In 2022, approx. X units of non-motorised hand-operated mechanical floor sweepers were imported into Hong Kong SAR; waning by -20.3% on the previous year. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 45%. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, mechanical hand floor sweeper imports shrank dramatically to $X in 2022. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 35%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest mechanical hand floor sweeper supplier to Hong Kong SAR, accounting for a 74% share of total imports. Moreover, mechanical hand floor sweeper imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was held by Malaysia (X units), with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.3% per year) and Malaysia (+64.5% per year).

In value terms, China ($X) constituted the largest supplier of non-motorised hand-operated mechanical floor sweepers to Hong Kong SAR, comprising 74% of total imports. The second position in the ranking was held by Japan ($X), with a 6.9% share of total imports. It was followed by Malaysia, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-10.8% per year) and Malaysia (+67.3% per year).

Import Prices by Country

The average mechanical hand floor sweeper import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per unit) and China ($X per unit), while the price for Gabon ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :