Hong Kong SAR, China - Agricultural Forestry Machinery (Lawn Or Sportsground Rollers) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Forestry Machinery Price in Hong Kong SAR - 2023
Contents:
- Agricultural Forestry Machinery Price in Hong Kong SAR (CIF) - 2022
- Agricultural Forestry Machinery Price in Hong Kong SAR (FOB) - 2022
- Agricultural Forestry Machinery Imports in Hong Kong SAR
- Agricultural Forestry Machinery Exports in Hong Kong SAR
Agricultural Forestry Machinery Price in Hong Kong SAR (CIF) - 2022
In 2022, the average agricultural forestry machinery import price amounted to $2,230 per unit, with an increase of 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2013 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,230 per unit) and the Netherlands ($2,230 per unit), while the price for China ($2,230 per unit) and the UK ($2,230 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Agricultural Forestry Machinery Price in Hong Kong SAR (FOB) - 2022
The average agricultural forestry machinery export price stood at $1,719 per unit in 2022, which is down by -13.6% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, agricultural forestry machinery export price increased by +10.1% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices reached the maximum at $1,990 per unit in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($6,497 per unit), while the average price for exports to Ireland ($721 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 the United States (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Agricultural Forestry Machinery Imports in Hong Kong SAR
Agricultural forestry machinery imports into Hong Kong SAR fell markedly to 280 units in 2022, which is down by -29.3% compared with the previous year. In general, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked at 495 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, agricultural forestry machinery imports fell dramatically to $625K in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked at $971K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Agricultural Forestry Machinery in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 35.3 | 145 | 105 | 250 | 92.0% |
| United States | 648 | 203 | 287 | 213 | -31.0% |
| United Kingdom | 155 | 31.0 | 121 | 94.2 | -15.3% |
| China | 34.5 | 36.9 | 116 | 48.3 | 11.9% |
| Japan | 4.7 | 13.8 | 28.5 | 13.0 | 40.4% |
| South Korea | 23.0 | 25.2 | 27.1 | N/A | 8.5% |
| Australia | 24.0 | 18.3 | 15.5 | N/A | -19.6% |
| Others | 46.6 | 91.7 | 162 | 6.6 | -47.9% |
| Total | 971 | 565 | 862 | 625 | -13.7% |
Top Suppliers of Agricultural Forestry Machinery to Hong Kong SAR in 2022:
- Netherlands (112.0 units)
- United States (96.0 units)
- United Kingdom (42.0 units)
- China (22.0 units)
- Japan (6.0 units)
Agricultural Forestry Machinery Exports in Hong Kong SAR
In 2022, the amount of agricultural forestry machinery (lawn or sportsground rollers) exported from Hong Kong SAR contracted to 61 units, shrinking by -14.1% on the year before. In general, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 61%. The exports peaked at 134 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, agricultural forestry machinery exports fell sharply to $104K in 2022. Overall, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. The exports peaked at $224K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Agricultural Forestry Machinery in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 27.5 | 9.5 | 20.6 | 18.4 | -12.5% |
| Macao SAR | 7.6 | 3.7 | 23.9 | 17.9 | 33.0% |
| United States | 13.4 | 5.1 | 15.5 | 11.6 | -4.7% |
| Singapore | 34.8 | 5.9 | 10.6 | 9.8 | -34.5% |
| Ireland | 19.7 | 5.8 | 10.6 | 8.0 | -25.9% |
| Malaysia | 36.2 | 7.6 | 8.6 | 7.1 | -41.9% |
| Georgia | 6.1 | 1.5 | 2.1 | 6.6 | 2.7% |
| Spain | 4.0 | 5.4 | 7.9 | 5.9 | 13.8% |
| China | 11.1 | 2.5 | 2.7 | 3.2 | -33.9% |
| Nigeria | 14.8 | 3.5 | 5.2 | 3.1 | -40.6% |
| United Kingdom | 4.4 | 1.1 | 2.1 | 1.6 | -28.6% |
| Philippines | 22.6 | 3.3 | 3.6 | 0.9 | -65.9% |
| New Zealand | N/A | 0.4 | 12.4 | N/A | 3000.0% |
| Others | 21.7 | 12.7 | 14.9 | 10.3 | -22.0% |
| Total | 224 | 68.0 | 141 | 104 | -22.6% |
Top Export Markets for Agricultural Forestry Machinery from Hong Kong SAR in 2022:
- Ireland (11.0 units)
- United States (8.0 units)
- Macao SAR (8.0 units)
- Georgia (6.0 units)
- Singapore (5.0 units)
- Malaysia (4.0 units)
- Kenya (3.0 units)
- Spain (3.0 units)
- United Kingdom (2.0 units)
- China (2.0 units)
- Nigeria (2.0 units)
This report provides an in-depth analysis of the agricultural forestry machinery 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 28303900 - Agricultural... forestry machinery, n.e.c., lawn or sportsground rollers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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