Hong Kong SAR, China - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends And Insights

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Civil Reaction Engine Price in Hong Kong SAR - 2022

Contents:

  1. Civil Reaction Engine Price in Hong Kong SAR (CIF) - 2022
  2. Civil Reaction Engine Price in Hong Kong SAR (FOB) - 2022
  3. Civil Reaction Engine Imports in Hong Kong SAR
  4. Civil Reaction Engine Exports in Hong Kong SAR

Civil Reaction Engine Price in Hong Kong SAR (CIF) - 2022

In 2022, the average civil reaction engine import price amounted to $29 per unit, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a sharp curtailment. Over the period under review, average import prices hit record highs at $300 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,678 per unit), while the price for Australia ($130 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.2%), while the prices for the other major suppliers experienced a decline.

Civil Reaction Engine Price in Hong Kong SAR (FOB) - 2022

Hong Kong SAR has no trade partners to describe.

Civil Reaction Engine Imports in Hong Kong SAR

In 2022, approx. 16K units of civil reaction engines were imported into Hong Kong SAR; growing by 7.3% on the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 104% against the previous year. As a result, imports reached the peak of 18K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, civil reaction engine imports skyrocketed to $475K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 63%. As a result, imports attained the peak of $560K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Civil Reaction Engine in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India37.238.56.183.831.1%
Italy20948067.075.0-28.9%
Thailand0.40.915.020.4270.8%
Singapore0.310.83.310.2224.0%
AustraliaN/AN/AN/A1.70%
United Kingdom40.910.627.81.4-67.5%
NorwayN/A5.7N/AN/A0%
IrelandN/A11.9N/AN/A0%
Others55.11.327228372.5%
Total34356039147511.5%

Top Suppliers of Civil Reaction Engine to Hong Kong SAR in 2022:

  1. India (0.4K units)

Civil Reaction Engine Exports in Hong Kong SAR

After three years of growth, shipments abroad of civil reaction engines decreased by -15.8% to 16 units in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of 19 units, and then shrank significantly in the following year.

In value terms, civil reaction engine exports surged to $7K in 2022. Overall, exports continue to indicate a deep setback. Over the period under review, the exports attained the peak figure at $12K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Civil Reaction Engine in Hong Kong SAR (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand139N/A87.0N/A-20.9%
BelgiumN/AN/A263N/A0%
Chile81.0N/AN/AN/A0%
SeychellesN/A2,288N/AN/A0%
Sri LankaN/AN/A32.0N/A0%
Papua New GuineaN/A2,374N/AN/A0%
IndiaN/AN/A117N/A0%
Indonesia85.0N/AN/AN/A0%
Philippines1151,8264,625N/A534.2%
DenmarkN/A240N/AN/A0%
EgyptN/A97.0N/AN/A0%
Angola371N/AN/AN/A0%
Netherlands923N/AN/AN/A0%
Others9,8041,968N/A6,958-10.8%
Total11,5188,7935,1246,958-15.5%

Top Export Markets for Civil Reaction Engine from Hong Kong SAR in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the civil reaction engine 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 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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