Report Update Nov 1, 2024

Hong Kong SAR, China - Unit Construction Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Unit Construction Machine Market 2024

Unit Construction Machine Market Size in Hong Kong SAR, China

For the third consecutive year, the Hong Kong unit construction machine market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption showed a precipitous decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Unit Construction Machine Production in Hong Kong SAR, China

In value terms, unit construction machine production reduced notably to $X in 2022 estimated in export price. In general, production saw a significant decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Unit Construction Machine Exports

Exports from Hong Kong SAR, China

In 2022, approx. X units of unit construction machines for working metal were exported from Hong Kong SAR; almost unchanged from the previous year. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, unit construction machine exports reduced sharply to $X in 2022. Overall, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X units) was the main destination for unit construction machine exports from Hong Kong SAR, with a X% share of total exports. Moreover, unit construction machine exports to Thailand exceeded the volume sent to the second major destination, Spain (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%.

In value terms, Spain ($X) emerged as the key foreign market for unit construction machines for working metal exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

In 2022, the average unit construction machine export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price faced a sharp contraction. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Thailand stood at $X per unit.

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

Unit Construction Machine Imports

Imports into Hong Kong SAR, China

In 2022, after two years of decline, there was significant growth in purchases abroad of unit construction machines for working metal, when their volume increased by X% to X units. Over the period under review, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, unit construction machine imports declined notably to $X in 2022. In general, imports, however, saw a precipitous setback. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of unit construction machine to Hong Kong SAR, with a approx. X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of unit construction machines for working metal to Hong Kong SAR.

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

Import Prices by Country

In 2022, the average unit construction machine import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price faced a precipitous descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Italy amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unit construction machines for working metal in the world?

The countries with the highest volumes of in 2021 were Italy, Thailand and China, together accounting for 64% of global consumption.

What are the largest producers of unit construction machines for working metal in the world?

The countries with the highest volumes of in 2021 were Italy, Spain and Singapore, together comprising 56% of global production. China, Thailand, Austria and Germany lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of unit construction machines for working metal to Hong Kong SAR, China?

In value terms, Singapore $726) constituted the largest supplier of unit construction machine to Hong Kong SAR.

What are the leading importers of unit construction machines for working metal from Hong Kong SAR, China?

In value terms, the UK, Singapore and China appeared to be the largest markets for unit construction machine exported from Hong Kong SAR worldwide, together comprising 92% of total exports.

What is the average export price for unit construction machines for working metal in Hong Kong SAR, China?

The average unit construction machine export price stood at $2,566 per unit in 2021, declining by -49.1% against the previous year.

What is the average import price for unit construction machines for working metal in Hong Kong SAR, China?

The average unit construction machine import price stood at $27,387 per unit in 2021, shrinking by -23.2% against the previous year.

This report provides an in-depth analysis of the unit construction machine 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 28411250 - Unit construction machines (single station) 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