Hand Saws Price in Hong Kong SAR - 2023
Contents:
- Hand Saws Price in Hong Kong SAR (FOB) - 2023
- Hand Saws Price in Hong Kong SAR (CIF) - 2023
- Hand Saws Exports in Hong Kong SAR
- Hand Saws Imports in Hong Kong SAR
Hand Saws Price in Hong Kong SAR (FOB) - 2023
In August 2023, the average hand saws export price amounted to $35,485 per ton, almost unchanged from the previous month. Over the period from September 2022 to August 2023, it increased at an average monthly rate of +3.1%. The pace of growth appeared the most rapid in July 2023 an increase of 27% month-to-month. As a result, the export price attained the peak level of $35,954 per ton, and then declined modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Vietnam ($54,441 per ton), while the average price for exports to the Czech Republic ($16,400 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Hand Saws Price in Hong Kong SAR (CIF) - 2023
In August 2023, the average hand saws import price amounted to $27,551 per ton, with a decrease of -3.7% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in October 2022 an increase of 11% month-to-month. The import price peaked at $28,606 per ton in July 2023, and then contracted modestly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($41,262 per ton), while the price for South Korea ($12,206 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Hand Saws Exports in Hong Kong SAR
In 2022, exports of hand sawses from Hong Kong SAR soared to 539 tons, growing by 18% on the year before. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hand saws exports reached $16M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Hand Saws in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.7 | 7.5 | 7.7 | 6.2 | 2.8% |
| China | 4.2 | 1.9 | 3.6 | 4.9 | 5.3% |
| Vietnam | 0.6 | 0.6 | 0.5 | 0.8 | 10.1% |
| South Korea | 0.4 | 1.0 | 0.8 | 0.8 | 26.0% |
| United States | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| France | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Indonesia | 0.5 | 0.1 | 0.2 | 0.3 | -15.7% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 1.4 | 1.1 | 1.2 | 1.7 | 6.7% |
| Total | 13.5 | 12.8 | 14.7 | 16.1 | 6.0% |
Top Export Markets for Hand Saws from Hong Kong SAR in 2022:
- Taiwan (Chinese) (187.1 tons)
- China (182.7 tons)
- South Korea (24.5 tons)
- Vietnam (23.3 tons)
- United States (21.8 tons)
- United Kingdom (17.5 tons)
- France (14.5 tons)
- Indonesia (9.5 tons)
Hand Saws Imports in Hong Kong SAR
After two years of decline, purchases abroad of hand sawses increased by 17% to 530 tons in 2022. In general, imports, however, recorded a noticeable decrease.
In value terms, hand saws imports skyrocketed to $14M in 2022. Over the period under review, imports, however, showed a pronounced slump.
| Import of Hand Saws in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 3.2 | 2.2 | 3.2 | -14.4% |
| Singapore | 3.7 | 2.2 | 2.1 | 2.6 | -11.1% |
| Thailand | 0.1 | 0.1 | 1.2 | 2.4 | 188.4% |
| Germany | 2.2 | 3.4 | 2.6 | 2.0 | -3.1% |
| Switzerland | 0.7 | 0.6 | 0.9 | 1.0 | 12.6% |
| Netherlands | 0.1 | 0.2 | 0.1 | 0.8 | 100.0% |
| United States | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
| Japan | 0.6 | 0.6 | 0.7 | 0.4 | -12.6% |
| United Kingdom | 0.6 | 0.3 | 0.4 | 0.4 | -12.6% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.4 | 0.1 | -20.6% |
| South Korea | 0.3 | 0.3 | 0.3 | 0.1 | -30.7% |
| Others | 0.6 | 0.7 | 0.5 | 0.3 | -20.6% |
| Total | 14.7 | 12.0 | 11.8 | 13.8 | -2.1% |
Top Suppliers of Hand Saws to Hong Kong SAR in 2022:
- China (123.6 tons)
- Singapore (103.8 tons)
- Thailand (80.1 tons)
- Germany (63.8 tons)
- Netherlands (40.2 tons)
- Switzerland (35.4 tons)
- United States (24.0 tons)
- Japan (22.5 tons)
- United Kingdom (13.8 tons)
- Taiwan (Chinese) (6.7 tons)
- South Korea (4.8 tons)
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