Hong Kong SAR, China - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBus Price in Hong Kong SAR - 2023
Contents:
- Bus Price in Hong Kong SAR (CIF) - 2023
- Bus Price in Hong Kong SAR (FOB) - 2023
- Bus Imports in Hong Kong SAR
- Bus Exports in Hong Kong SAR
Bus Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average bus import price amounted to $158K per unit, surging by 84% against the previous month. Over the period under review, the import price showed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($167K per unit), while the price for Japan totaled $79,038 per unit.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bus Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average bus export price amounted to $48,141 per unit, with a decrease of -30.6% against the previous month. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in November 2022 an increase of 2,255% against the previous month. Over the period under review, the average export prices reached the peak figure at $142K per unit in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was China ($72,776 per unit), while the average price for exports to Vietnam amounted to $72,776 per unit.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bus Imports in Hong Kong SAR
In 2022, the amount of public-transport type passenger motor vehicles imported into Hong Kong SAR declined notably to 1.6K units, dropping by -27.8% compared with the previous year. Overall, imports saw a deep reduction. The smallest decline of -6.7% was in 2020. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bus imports declined notably to $129M in 2022. In general, imports showed a deep reduction. The smallest decline of -12.9% was in 2021. Imports peaked at $240M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bus in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 83.9 | 120 | 64.4 | -15.6% |
| Japan | 49.4 | 37.2 | 15.5 | 30.0 | -15.3% |
| Egypt | N/A | 40.7 | 24.5 | 17.0 | -35.4% |
| Malaysia | 22.3 | 17.2 | N/A | 9.3 | -25.3% |
| Singapore | 17.5 | 0.9 | 4.0 | 8.1 | -22.6% |
| United Kingdom | 42.6 | 9.5 | 1.2 | N/A | -83.2% |
| Others | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
| Total | 240 | 190 | 165 | 129 | -18.7% |
Top Suppliers of Bus to Hong Kong SAR in 2022:
- China (779.0 units)
- Japan (380.0 units)
- Egypt (216.0 units)
- Malaysia (117.0 units)
- Singapore (102.0 units)
Bus Exports in Hong Kong SAR
In 2022, the amount of public-transport type passenger motor vehicles exported from Hong Kong SAR shrank markedly to 70 units, falling by -83.7% compared with the previous year's figure. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 451%. As a result, the exports attained the peak of 430 units, and then dropped rapidly in the following year.
In value terms, bus exports reduced remarkably to $5.2M in 2022. Overall, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 298% against the previous year. As a result, the exports attained the peak of $27M, and then reduced markedly in the following year.
| Export of Bus in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 5.4 | 4.6 | 5.1 | 0.0% |
| Macao SAR | 5.2 | 1.0 | 1.2 | 0.1 | -73.2% |
| Singapore | N/A | N/A | 21.2 | N/A | 0% |
| Others | 0.5 | 0.4 | 0.2 | N/A | -36.8% |
| Total | 10.8 | 6.8 | 27.2 | 5.2 | -21.6% |
Top Export Markets for Bus from Hong Kong SAR in 2022:
- China (66.0 units)
- Macao SAR (1.0 units)
This report provides an in-depth analysis of the bus 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 29103000 - Motor vehicles for the transport of . .10 persons
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
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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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This report provides an in-depth analysis of the bus market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global bus market.
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This report provides an in-depth analysis of the bus market in Hong Kong SAR, China.
763
This report provides an in-depth analysis of the global bus market.
235
The import of buses reached its highest level of 146 units in December 2022. However, from January 2023 to October 2023, imports struggled to regain momentum. In terms of value, bus imports totaled $11 million in October 2023.
832
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
674
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
235
The import of buses reached its highest level of 146 units in December 2022. However, from January 2023 to October 2023, imports struggled to regain momentum. In terms of value, bus imports totaled $11 million in October 2023.
832
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
674
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
