Hong Kong SAR, China - Machinery For The Extraction Or Preparation Of Animal Or Fixed Vegetable Fats Or Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Machinery For The Extraction Or Preparation Of Animal Or Fixed Vegetable Fats Or Oils - Market Analysis, Forecast, Size, Trends And Insights

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Fats Preparation Machinery Price in Hong Kong SAR - 2022

Contents:

  1. Fats Preparation Machinery Price in Hong Kong SAR (FOB) - 2022
  2. Fats Preparation Machinery Price in Hong Kong SAR (CIF) - 2022
  3. Fats Preparation Machinery Exports in Hong Kong SAR
  4. Fats Preparation Machinery Imports in Hong Kong SAR

Fats Preparation Machinery Price in Hong Kong SAR (FOB) - 2022

In 2022, the average fats preparation machinery export price amounted to $3,037 per unit, falling by -19.6% against the previous year. Over the period under review, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 98% against the previous year. The export price peaked at $3,778 per unit in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($4,981 per unit), while the average price for exports to the United States ($1,535 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 Thailand (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fats Preparation Machinery Price in Hong Kong SAR (CIF) - 2022

The average fats preparation machinery import price stood at $5,106 per unit in 2022, reducing by -71% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $33,903 per unit. From 2017 to 2022, the average import prices remained at a 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 China ($9,733 per unit), while the price for Spain ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fats Preparation Machinery Exports in Hong Kong SAR

Fats preparation machinery exports from Hong Kong SAR contracted remarkably to 223 units in 2022, reducing by -21.8% compared with 2021 figures. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 261%. As a result, the exports reached the peak of 285 units, and then reduced markedly in the following year.

In value terms, fats preparation machinery exports shrank markedly to $677K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 288%. As a result, the exports attained the peak of $1.1M, and then contracted markedly in the following year.

Export of Fats Preparation Machinery in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan13911.612832032.0%
MalaysiaN/AN/AN/A1560%
United StatesN/AN/AN/A53.70%
Philippines9.326.824.444.868.9%
Thailand2.15.289219.8111.3%
SingaporeN/AN/AN/A18.00%
ZimbabweN/AN/AN/A15.30%
Nigeria0.3140N/AN/A46566.7%
Italy44.9N/AN/AN/A0%
Others19.194.432.050.538.3%
Total2152781,07767746.6%

Top Export Markets for Fats Preparation Machinery from Hong Kong SAR in 2022:

  1. Uzbekistan (88.0 units)
  2. Malaysia (43.0 units)
  3. United States (35.0 units)
  4. Singapore (9.0 units)
  5. Philippines (9.0 units)
  6. Zimbabwe (7.0 units)
  7. Thailand (6.0 units)

Fats Preparation Machinery Imports in Hong Kong SAR

Fats preparation machinery imports into Hong Kong SAR surged to 10 units in 2022, growing by 233% on the year before. Overall, imports, however, saw a sharp descent. The growth pace was the most rapid in 2020 with an increase of 1,100%. As a result, imports attained the peak of 348 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fats preparation machinery imports declined modestly to $51K in 2022. Over the period under review, imports, however, faced a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 1,156% against the previous year. As a result, imports attained the peak of $4.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Fats Preparation Machinery in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2823.21.348.7-44.3%
SingaporeN/AN/AN/A1.00%
ThailandN/AN/AN/A0.80%
DenmarkN/AN/AN/A0.30%
IndiaN/AN/AN/A0.30%
SpainN/AN/AN/AN/A0%
GermanyN/A3,054N/AN/A0%
MalaysiaN/A1,39248.0N/A-96.6%
Taiwan (Chinese)66.7N/AN/AN/A0%
Others5.86.93.6N/A-21.2%
Total3554,45652.851.1-47.6%

Top Suppliers of Fats Preparation Machinery to Hong Kong SAR in 2022:

  1. China (5.0 units)
  2. Singapore (1.0 units)
  3. Denmark (1.0 units)
  4. India (1.0 units)
  5. Thailand (1.0 units)
  6. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fats preparation 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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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