Hong Kong SAR, China - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBridge Price in Hong Kong SAR - 2023
Contents:
- Bridge Price in Hong Kong SAR (CIF) - 2023
- Bridge Price in Hong Kong SAR (FOB) - 2022
- Bridge Imports in Hong Kong SAR
- Bridge Exports in Hong Kong SAR
Bridge Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average bridge import price amounted to $2,822 per ton, increasing by 119% against the previous month. Over the period under review, the import price posted a tangible increase. The most prominent rate of growth was recorded in February 2023 an increase of 142% month-to-month. Over the period under review, average import prices reached the maximum at $6,181 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +3.9% per month.
Bridge Price in Hong Kong SAR (FOB) - 2022
In 2022, the average bridge export price amounted to $2,285 per ton, shrinking by -15.2% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 87%. As a result, the export price reached the peak level of $3,920 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
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 Singapore ($11,615 per ton), while the average price for exports to Malawi ($1,896 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bridge Imports in Hong Kong SAR
After three years of growth, overseas purchases of bridges, bridge sections, towers and lattice masts (of iron or steel) decreased by -89.8% to 1.6K tons in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 586% against the previous year.
In value terms, bridge imports declined markedly to $2.9M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 724% against the previous year.
Import of Bridge in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.6 | 7.3 | 36.3 | 2.9 | 69.1% |
Others | 0.5 | 1.3 | 0.7 | N/A | 18.3% |
Total | 1.0 | 8.5 | 37.0 | 2.9 | 42.6% |
Top Suppliers of Bridge to Hong Kong SAR in 2022:
- China (1601.5 tons)
Bridge Exports in Hong Kong SAR
In 2022, exports of bridges, bridge sections, towers and lattice masts (of iron or steel) from Hong Kong SAR declined notably to 784 tons, waning by -16.5% against the previous year. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 131% against the previous year.
In value terms, bridge exports plummeted to $1.8M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 140%.
Export of Bridge in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 1,033 | 259 | 68.8 | 711 | -11.7% |
Malawi | 427 | 316 | 232 | 559 | 9.4% |
Angola | 280 | 305 | 224 | 495 | 20.9% |
Nigeria | 410 | N/A | N/A | N/A | 0% |
Zimbabwe | 120 | N/A | N/A | N/A | 0% |
Gambia | N/A | 89.1 | 25.1 | N/A | -71.8% |
Mauritania | 261 | N/A | N/A | N/A | 0% |
Canada | 283 | N/A | N/A | N/A | 0% |
Others | 240 | 86.1 | 1,978 | 27.2 | -51.6% |
Total | 3,054 | 1,055 | 2,529 | 1,792 | -16.3% |
Top Export Markets for Bridge from Hong Kong SAR in 2022:
- Malawi (294.7 tons)
- Philippines (272.3 tons)
- Angola (213.3 tons)
This report provides an in-depth analysis of the bridge 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 25112100 - Iron or steel bridges and bridge-sections
- Prodcom 25112200 - Iron or steel towers and lattice masts
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
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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
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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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