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Report Hong Kong SAR, China - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Hong Kong SAR, China

The Hong Kong mill rolling roll market fell to $X in 2022, waning by -6.4% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Mill rolling roll consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Production in Hong Kong SAR, China

In value terms, mill rolling roll production declined slightly to $X in 2022 estimated in export price. 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 1.6%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Mill Rolling Roll Exports

Exports from Hong Kong SAR, China

In 2022, after three years of growth, there was significant decline in shipments abroad of rolls for rolling mills, when their volume decreased by -10.2% to X units. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 832%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, mill rolling roll exports shrank to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 534%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for mill rolling roll exports from Hong Kong SAR, accounting for a 81% share of total exports. Moreover, mill rolling roll exports to China exceeded the volume sent to the second major destination, Malaysia (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +40.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+54.0% per year) and South Africa (+36.8% per year).

In value terms, China ($X) emerged as the key foreign market for rolls for rolling mills exports from Hong Kong SAR, comprising 85% of total exports. The second position in the ranking was held by Malaysia ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+30.2% per year) and South Africa (+60.6% per year).

Export Prices by Country

The average mill rolling roll export price stood at $X per unit in 2022, declining by -4.9% against the previous year. In general, the export price faced a dramatic shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 28%. 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 remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Malaysia ($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 South Africa (+17.3%), while the prices for the other major destinations experienced a decline.

Mill Rolling Roll Imports

Imports into Hong Kong SAR, China

In 2022, imports of rolls for rolling mills into Hong Kong SAR shrank significantly to X units, declining by -57.7% on 2021 figures. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 8,296%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mill rolling roll imports fell sharply to $X in 2022. Over the period under review, imports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of 10,810% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main mill rolling roll supplier to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +24.8%.

In value terms, China ($X) constituted the largest supplier of rolls for rolling mills to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +27.6%.

Import Prices by Country

The average mill rolling roll import price stood at $X per unit in 2022, which is down by -17.8% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of 181% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Germany amounted to +26.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Italy, China and South Africa, together accounting for 30% of global consumption.
China constituted the country with the largest volume of mill rolling roll production, comprising approx. 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. Italy ranked third in terms of total production with an 11% share.
In value terms, the largest mill rolling roll suppliers to Hong Kong SAR were Japan and the United States.
The average mill rolling roll export price stood at $42 per unit in 2021, with a decrease of -97.9% against the previous year.
In 2021, the average mill rolling roll import price amounted to $5,223 per unit, with an increase of 127% against the previous year.

This report provides an in-depth analysis of the mill rolling roll market 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 28911250 - Rolls for rolling mills

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:

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

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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