Report Update: Apr 9, 2024

Hong Kong SAR, China - Balloons, Dirigibles And Other Non-Powered Aircraft - Market Analysis, Forecast, Size, Trends And Insights

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Balloon and Dirigible Price in Hong Kong SAR - 2023

Balloon and Dirigible Price in Hong Kong SAR (FOB) - 2022

The average balloon and dirigible export price stood at $121 per unit in 2022, growing by 6.9% against the previous year. Overall, the export price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2017 an increase of 67% against the previous year. As a result, the export price reached the peak level of $216 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6,490 per unit), while the average price for exports to Malta ($0.9 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 (+60.3%), while the prices for the other major destinations experienced a decline.

Balloon and Dirigible Price in Hong Kong SAR (CIF) - 2022

In 2022, the average balloon and dirigible import price amounted to $135 per unit, with a decrease of -14.2% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 68%. As a result, import price attained the peak level of $615 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($713 per unit), while the price for Singapore ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.8%), while the prices for the other major suppliers experienced a decline.

Balloon and Dirigible Exports in Hong Kong SAR

After three years of growth, overseas shipments of balloons, dirigibles and other non-powered aircraft decreased by -6% to 141 units in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, the exports attained the peak figure at 150 units in 2021, and then declined in the following year.

In value terms, balloon and dirigible exports totaled $17K in 2022. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $17K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Balloon and Dirigible in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
French Polynesia	7.3	8.8	7.8	8.6	5.6%
Netherlands	0.4	N/A	0.5	0.5	7.7%
Samoa	0.1	0.1	0.1	0.1	0.0%
Poland	0.2	0.2	0.1	0.1	-20.6%
Malta	0.2	0.1	N/A	0.1	-20.6%
Spain	0.3	0.1	0.1	0.1	-30.7%
Botswana	N/A	N/A	0.1	N/A	0%
Kiribati	N/A	N/A	N/A	N/A	0%
Chile	N/A	N/A	N/A	N/A	0%
Malawi	N/A	N/A	N/A	N/A	0%
Others	9.0	7.9	8.3	7.6	-5.5%
Total	17.4	17.2	17.0	17.1	-0.6%

Top Export Markets for Balloon and Dirigible from Hong Kong SAR in 2022:

Malta (75.0 units)
Netherlands (17.0 units)
Samoa (8.0 units)
Spain (8.0 units)
French Polynesia (7.0 units)
Poland (6.0 units)
Chile (4.0 units)

Balloon and Dirigible Imports in Hong Kong SAR

Balloon and dirigible imports into Hong Kong SAR surged to 234 units in 2022, growing by 109% compared with the year before. Over the period under review, imports saw a noticeable increase. Over the period under review, imports attained the maximum at 355 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports skyrocketed to $32K in 2022. In general, imports, however, showed a deep downturn. Imports peaked at $47K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Balloon and Dirigible in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	8.3	7.8	2.9	5.1	-15.0%
Singapore	3.7	3.7	1.5	2.9	-7.8%
Spain	3.5	3.4	1.3	2.5	-10.6%
China	2.1	3.7	1.4	2.4	4.6%
Others	29.1	26.9	10.5	18.8	-13.6%
Total	46.6	45.5	17.6	31.6	-12.1%

Top Suppliers of Balloon and Dirigible to Hong Kong SAR in 2022:

Singapore (209.0 units)
China (8.0 units)
Japan (7.0 units)
Spain (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the balloon and dirigible 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 30302000 - Balloons, dirigibles and other non-powered aircraft, for civil use (including sounding, pilot and ceiling balloons, m eteorological kites and the like)

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