Hong Kong SAR, China - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Hay-Making Machinery Price in Hong Kong SAR - 2022

Contents:

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

Hay-Making Machinery Price in Hong Kong SAR (CIF) - 2022

In 2022, the average hay-making machinery import price amounted to $10,627 per unit, increasing by 847% against the previous year. In general, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +240.6% per year.

Hay-Making Machinery Price in Hong Kong SAR (FOB) - 2022

The average hay-making machinery export price stood at $5,452 per unit in 2022, picking up by 37% against the previous year. In general, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 350% against the previous year. As a result, the export price attained the peak level of $9,089 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($14,648 per unit), while the average price for exports to Switzerland ($22 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 the Philippines (+61.4%), while the prices for the other major destinations experienced a decline.

Hay-Making Machinery Imports in Hong Kong SAR

In 2022, the amount of hay-making machinery imported into Hong Kong SAR reduced notably to 1 units, which is down by -66.7% on the year before. Overall, imports recorded a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 50%. Imports peaked at 4 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, hay-making machinery imports soared to $11K in 2022. In general, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hay-Making Machinery in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A10.60%
South KoreaN/AN/AN/AN/A0%
ThailandN/A0.10.2N/A100.0%
ChinaN/A1.33.0N/A130.8%
India1.5N/AN/AN/A0%
OthersN/AN/A0.2N/A0%
Total1.51.33.410.691.9%

Top Suppliers of Hay-Making Machinery to Hong Kong SAR in 2022:

  1. Netherlands (1.0 units)

Hay-Making Machinery Exports in Hong Kong SAR

Hay-making machinery exports from Hong Kong SAR stood at 9 units in 2022, approximately reflecting 2021 figures. Over the period under review, exports showed a dramatic decline. The smallest decline of -10% was in 2021. Over the period under review, the exports hit record highs at 27 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hay-making machinery exports surged to $49K in 2022. Overall, exports recorded a precipitous decline. Over the period under review, the exports attained the peak figure at $143K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Hay-Making Machinery in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines11858.43.543.9-28.1%
United Kingdom10.12.41.61.6-45.9%
MalaysiaN/AN/AN/A1.40%
Guatemala4.91.31.20.7-47.7%
Pakistan0.70.20.20.1-47.7%
Bulgaria2.8N/AN/AN/A0%
Switzerland0.2N/AN/AN/A0%
United StatesN/AN/A22.0N/A0%
BelgiumN/AN/AN/AN/A0%
Austria1.6N/AN/AN/A0%
Indonesia1.0N/AN/AN/A0%
AngolaN/AN/A0.2N/A0%
Others4.4N/A7.11.3-33.4%
Total14362.335.849.1-30.0%

Top Export Markets for Hay-Making Machinery from Hong Kong SAR in 2022:

  1. Philippines (3.0 units)
  2. Pakistan (1.0 units)
  3. United Kingdom (1.0 units)
  4. Malaysia (1.0 units)
  5. Guatemala (1.0 units)
  6. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hay-making 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 28305200 - Hay-making machinery

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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