Hong Kong SAR, China - Industrial Machinery For The Manufacture Or Preparation Of Confectionery, Cocoa Or Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConfectionery-Making Industrial Machinery Price in Hong Kong SAR - 2023
Contents:
- Confectionery-Making Industrial Machinery Price in Hong Kong SAR (CIF) - 2022
- Confectionery-Making Industrial Machinery Price in Hong Kong SAR (FOB) - 2022
- Confectionery-Making Industrial Machinery Imports in Hong Kong SAR
- Confectionery-Making Industrial Machinery Exports in Hong Kong SAR
Confectionery-Making Industrial Machinery Price in Hong Kong SAR (CIF) - 2022
In 2022, the average confectionery-making industrial machinery import price amounted to $14,893 per unit, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. Over the period under review, average import prices reached the peak figure at $15,784 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 ($14,893 per unit) and China ($14,893 per unit), while the price for Italy ($14,893 per unit) and Belgium ($14,893 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Confectionery-Making Industrial Machinery Price in Hong Kong SAR (FOB) - 2022
The average confectionery-making industrial machinery export price stood at $18,650 per unit in 2022, reducing by -11.4% against the previous year. Over the period under review, the export price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 435% against the previous year. As a result, the export price attained the peak level of $78,067 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,650 per unit), while the average price for exports to China ($18,650 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 Belgium (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
Confectionery-Making Industrial Machinery Imports in Hong Kong SAR
Confectionery-making industrial machinery imports into Hong Kong SAR dropped remarkably to 4 units in 2022, with a decrease of -42.9% on the previous year's figure. Over the period under review, imports recorded a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 17%. Over the period under review, imports reached the maximum at 8 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, confectionery-making industrial machinery imports reduced markedly to $53K in 2022. In general, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at $120K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Confectionery-Making Industrial Machinery in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 33.2 | 7.2 | 6.7 | 29.6 | -3.8% |
| Italy | 55.1 | 71.9 | 93.5 | 17.5 | -31.8% |
| China | 14.0 | N/A | 0.4 | 3.2 | -38.9% |
| Singapore | 11.2 | N/A | N/A | N/A | 0% |
| Others | 7.0 | 4.6 | 4.6 | 2.3 | -31.0% |
| Total | 120 | 83.7 | 105 | 52.7 | -24.0% |
Top Suppliers of Confectionery-Making Industrial Machinery to Hong Kong SAR in 2022:
- Belgium (2.0 units)
- Italy (1.0 units)
Confectionery-Making Industrial Machinery Exports in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, which increased by 33% to 4 units in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, confectionery-making industrial machinery exports expanded significantly to $72K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 219%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Confectionery-Making Industrial Machinery in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 11.9 | 19.0 | 25.9 | 112.5% |
| France | N/A | N/A | 4.2 | 13.4 | 219.0% |
| China | 4.5 | 3.2 | 26.6 | 9.7 | 29.2% |
| United Arab Emirates | 8.6 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 4.7 | 13.4 | 23.5 | 77.5% |
| Total | 19.9 | 19.8 | 63.2 | 72.4 | 53.8% |
Top Export Markets for Confectionery-Making Industrial Machinery from Hong Kong SAR in 2022:
- United States (1.0 units)
- France (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the confectionery-making industrial 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 28931720 - Industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate
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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