Hong Kong SAR, China: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Hong Kong SAR, China

After two years of growth, the Hong Kong photo-copying apparatus market decreased by -86% to $X in 2022. Over the period under review, consumption recorded a sharp downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Photo-Copying Apparatus Production in Hong Kong SAR, China

In value terms, photo-copying apparatus production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Photo-copying apparatus production peaked in 2022 and is expected to retain growth in the immediate term.

Photo-Copying Apparatus Exports

Exports from Hong Kong SAR, China

In 2022, exports of photo-copying apparatus from Hong Kong SAR fell notably to X units, reducing by -24.5% compared with the year before. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 82% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo-copying apparatus exports rose remarkably to $X in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 185%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for photo-copying apparatus exports from Hong Kong SAR, with a 62% share of total exports. Moreover, photo-copying apparatus exports to China exceeded the volume sent to the second major destination, the United States (X units), threefold. Singapore (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.4% per year) and Singapore (-10.5% per year).

In value terms, China ($X) remains the key foreign market for photo-copying apparatus exports from Hong Kong SAR, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Japan, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to China stood at -14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-17.1% per year) and Japan (+3.2% per year).

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, growing by 42% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 57%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Japan ($X per unit), while the average price for exports to Malaysia ($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 Taiwan (Chinese) (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Photo-Copying Apparatus Imports

Imports into Hong Kong SAR, China

After two years of growth, overseas purchases of photo-copying apparatus decreased by -74.9% to X units in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports dropped remarkably to $X in 2022. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 47% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest photo-copying apparatus supplier to Hong Kong SAR, with a 70% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was taken by Singapore (X units), with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.2% per year) and Singapore (-20.2% per year).

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to Hong Kong SAR, comprising 63% of total imports. The second position in the ranking was held by Japan ($X), with a 17% share of total imports. It was followed by the United States, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-16.1% per year) and the United States (-27.6% per year).

Import Prices by Country

In 2022, the average photo-copying apparatus import price amounted to $X per unit, growing by 38% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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