Hong Kong SAR, China - Oil Or Petrol-Filters For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFuel Filter Price in Hong Kong SAR - 2023
Contents:
- Fuel Filter Price in Hong Kong SAR (CIF) - 2023
- Fuel Filter Price in Hong Kong SAR (FOB) - 2023
- Fuel Filter Imports in Hong Kong SAR
- Fuel Filter Exports in Hong Kong SAR
Fuel Filter Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average fuel filter import price amounted to $21.5 per unit, picking up by 462% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($120 per unit), while the price for Bahrain ($3.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fuel Filter Price in Hong Kong SAR (FOB) - 2023
The average fuel filter export price stood at $3.5 per unit in September 2023, dropping by -61.4% against the previous month. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in July 2023 an increase of 148% m-o-m. Over the period under review, the average export prices attained the maximum at $23.3 per unit in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was China ($36.2 per unit), while the average price for exports to Russia ($2.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Fuel Filter Imports in Hong Kong SAR
Fuel filter imports into Hong Kong SAR declined remarkably to 858K units in 2022, falling by -16.9% compared with the previous year's figure. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 6.8% against the previous year. Imports peaked at 1.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, fuel filter imports dropped to $11M in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Fuel Filter in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.3 | 1.9 | 2.6 | 3.1 | 10.5% |
| Japan | 1.7 | 1.3 | 1.3 | 1.3 | -8.6% |
| Malaysia | 0.7 | 1.1 | 2.0 | 1.1 | 16.3% |
| China | 0.7 | 0.5 | 0.8 | 1.0 | 12.6% |
| Germany | 0.6 | 0.3 | 0.8 | 1.0 | 18.6% |
| United States | 4.0 | 1.6 | 1.2 | 0.7 | -44.1% |
| Bahrain | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Oman | 1.0 | 1.6 | 0.8 | 0.2 | -41.5% |
| Others | 1.5 | 1.3 | 2.0 | 2.0 | 10.1% |
| Total | 12.7 | 9.9 | 11.6 | 10.6 | -5.8% |
Top Suppliers of Fuel Filter to Hong Kong SAR in 2022:
- Japan (196.3K units)
- Singapore (191.6K units)
- China (179.5K units)
- Malaysia (75.3K units)
- Bahrain (52.1K units)
- Germany (34.6K units)
- Oman (27.8K units)
- United States (13.5K units)
Fuel Filter Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of oil or petrol-filters for internal combustion engines, which decreased by -2.3% to 129K units in 2022. Overall, exports continue to indicate a precipitous descent. Over the period under review, the exports attained the maximum at 335K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, fuel filter exports stood at $1.6M in 2022. In general, exports faced a significant decline. The exports peaked at $7.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Fuel Filter in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5,904 | 1,812 | 766 | 682 | -51.3% |
| Japan | 32.5 | 41.4 | 147 | 210 | 86.3% |
| United States | 308 | 1,619 | 163 | 117 | -27.6% |
| Singapore | 244 | 127 | 113 | 68.4 | -34.6% |
| United Arab Emirates | 0.4 | 1.3 | 7.7 | 53.4 | 411.1% |
| Malaysia | 19.6 | 13.9 | 89.0 | 52.6 | 39.0% |
| Australia | 66.9 | 70.7 | 91.9 | 31.9 | -21.9% |
| Taiwan (Chinese) | 180 | 52.5 | 15.8 | 29.0 | -45.6% |
| Macao SAR | 83.2 | 82.9 | 22.2 | 12.8 | -46.4% |
| Others | 691 | 211 | 150 | 310 | -23.4% |
| Total | 7,529 | 4,032 | 1,565 | 1,568 | -40.7% |
Top Export Markets for Fuel Filter from Hong Kong SAR in 2022:
- United States (55.0K units)
- China (23.1K units)
- Japan (9.4K units)
- Singapore (7.0K units)
- Malaysia (6.3K units)
- Australia (6.2K units)
- United Arab Emirates (4.9K units)
- Taiwan (Chinese) (3.5K units)
- Macao SAR (1.6K units)
This report provides an in-depth analysis of the fuel filter 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 28291330 - Oil or petrol-filters for internal combustion engines
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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