Report Update Feb 1, 2025

Hong Kong SAR, China - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Shipping Market 2025

Shipping Market Size in Hong Kong SAR, China

In 2021, the Hong Kong shipping market decreased by -18.2% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a perceptible increase. Over the period under review, the market hit record highs at $X in 2020, and then dropped significantly in the following year.

Shipping Production in Hong Kong SAR, China

In value terms, shipping production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 86% against the previous year. As a result, production attained the peak level of $X, and then shrank markedly in the following year.

Shipping Exports

Exports from Hong Kong SAR, China

In 2021, approx. X units of ships, vessels, ferry-boats for the transport of persons were exported from Hong Kong SAR; declining by -16.7% compared with the previous year's figure. Over the period under review, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 500%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, shipping exports contracted rapidly to $X in 2021. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 6,748% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) and Macao SAR (X units) were the main destinations of shipping exports from Hong Kong SAR.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Macao SAR (with a CAGR of +10.4%).

In value terms, the largest markets for shipping exported from Hong Kong SAR were Macao SAR ($X) and China ($X).

China, with a CAGR of +3.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average shipping export price stood at $X per unit in 2021, dropping by -37.2% against the previous year. Over the period under review, the export price, however, recorded a tangible expansion. The growth pace was the most rapid in 2017 when the average export price increased by 1,041% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per unit), while the average price for exports to China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.7%), while the prices for the other major destinations experienced a decline.

Shipping Imports

Imports into Hong Kong SAR, China

In 2021, approx. X units of ships, vessels, ferry-boats for the transport of persons were imported into Hong Kong SAR; growing by 18% on the previous year. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2016 with an increase of 750% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, shipping imports soared to $X in 2021. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 447% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) was the main supplier of shipping to Hong Kong SAR, accounting for a 95% share of total imports. Moreover, shipping imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.7%.

In value terms, China ($X) constituted the largest supplier of ships, vessels, ferry-boats for the transport of persons to Hong Kong SAR, comprising 100% of total imports. The second position in the ranking was taken by Australia ($X), with a 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.1%.

Import Prices by Country

In 2021, the average shipping import price amounted to $X per unit, growing by 43% against the previous year. Over the period under review, the import price posted moderate growth. The growth pace was the most rapid in 2017 when the average import price increased by 71% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Australia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of shipping consumption in 2021 were Italy, France and China, with a combined 51% share of global consumption.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

Italy remains the largest shipping producing country worldwide, comprising approx. 50% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, France, fivefold. The third position in this ranking was occupied by China, with a 10% share.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Hong Kong SAR, China?

In value terms, China, Singapore and the UK appeared to be the largest shipping suppliers to Hong Kong SAR, with a combined 96% share of total imports.

What are the leading importers of ships, vessels, ferry-boats for the transport of persons from Hong Kong SAR, China?

In value terms, the Philippines emerged as the key foreign market for shipping exports from Hong Kong SAR, comprising 54% of total exports. The second position in the ranking was occupied by India, with a 26% share of total exports. It was followed by Macao SAR, with an 8.4% share.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Hong Kong SAR, China?

In 2021, the average shipping export price amounted to $14,833 per unit, rising by 80% against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Hong Kong SAR, China?

The average shipping import price stood at $745,256 per unit in 2021, with a decrease of -23.2% against the previous year.

This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024