Report Hong Kong SAR, China - Non-Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Hong Kong SAR, China - Non-Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Hong Kong SAR, China

The Hong Kong non-numerically controlled sharpening machine market stood at $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, saw a drastic downturn. Non-numerically controlled sharpening machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Hong Kong SAR, China

In value terms, non-numerically controlled sharpening machine production rose to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Hong Kong SAR, China

In 2022, exports of non-numerically controlled sharpening machines for working metal from Hong Kong SAR soared to X units, with an increase of 100% compared with the year before. Over the period under review, exports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 229%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports soared to $X in 2022. Overall, exports, however, saw a sharp contraction. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for non-numerically controlled sharpening machine exports from Hong Kong SAR, accounting for a 75% share of total exports. Moreover, non-numerically controlled sharpening machine exports to China exceeded the volume sent to the second major destination, Haiti (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to China totaled -26.1%.

In value terms, the largest markets for non-numerically controlled sharpening machine exported from Hong Kong SAR were China ($X) and Haiti ($X).

Among the main countries of destination, Haiti, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, with an increase of 71% against the previous year. In general, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-12.6%).

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Hong Kong SAR, China

In 2022, imports of non-numerically controlled sharpening machines for working metal into Hong Kong SAR reduced dramatically to X units, falling by -99.7% compared with 2021. Overall, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2,830% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports reduced sharply to $X in 2022. Over the period under review, imports recorded a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 1,754% against the previous year. Imports peaked at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

In 2022, China (X units) was the main supplier of non-numerically controlled sharpening machine to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -39.2%.

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China amounted to -27.6%.

Import Prices by Country

In 2022, the average non-numerically controlled sharpening machine import price amounted to $X per unit, picking up by 77% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 536%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +26.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-numerically controlled sharpening machines for working metal in the world?

The countries with the highest volumes of non-numerically controlled sharpening machine consumption in 2021 were China, the United States and South Africa, together accounting for 44% of global consumption. These countries were followed by India, Germany, Japan, Nigeria, Russia, Bangladesh, the UK, Turkey, Canada and South Korea, which together accounted for a further 36%.

What are the largest producers of non-numerically controlled sharpening machines for working metal in the world?

China constituted the country with the largest volume of non-numerically controlled sharpening machine production, accounting for 34% of total volume. Moreover, non-numerically controlled sharpening machine production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of non-numerically controlled sharpening machines for working metal to Hong Kong SAR, China?

In value terms, the United States, Germany and Denmark appeared to be the largest non-numerically controlled sharpening machine suppliers to Hong Kong SAR, with a combined 98% share of total imports.

What are the leading importers of non-numerically controlled sharpening machines for working metal from Hong Kong SAR, China?

In value terms, China remains the key foreign market for non-numerically controlled sharpening machine exports from Hong Kong SAR.

What is the average export price for non-numerically controlled sharpening machines for working metal in Hong Kong SAR, China?

The average non-numerically controlled sharpening machine export price stood at $586 per unit in 2021, dropping by -50.5% against the previous year.

What is the average import price for non-numerically controlled sharpening machines for working metal in Hong Kong SAR, China?

In 2021, the average non-numerically controlled sharpening machine import price amounted to $1,149 per unit, with a decrease of -46.5% against the previous year.

This report provides an in-depth analysis of the market for non-numerically controlled sharpening machine 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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