Hong Kong SAR, China - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Magneto Price in Hong Kong SAR - 2023
Contents:
- Ignition Magneto Price in Hong Kong SAR (CIF) - 2022
- Ignition Magneto Price in Hong Kong SAR (FOB) - 2022
- Ignition Magneto Imports in Hong Kong SAR
- Ignition Magneto Exports in Hong Kong SAR
Ignition Magneto Price in Hong Kong SAR (CIF) - 2022
The average ignition magneto import price stood at $7.2 per unit in 2022, dropping by -73.8% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 270% against the previous year. Over the period under review, average import prices reached the maximum at $39 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.4% per year.
Ignition Magneto Price in Hong Kong SAR (FOB) - 2022
The average ignition magneto export price stood at $9.2 per unit in 2022, growing by 13% against the previous year. Over the period under review, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 141% against the previous year. Over the period under review, the average export prices reached the maximum at $31 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +19.7% per year.
Ignition Magneto Imports in Hong Kong SAR
In 2022, supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 848% to 2.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp slump. Imports peaked at 28K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ignition magneto imports skyrocketed to $16K in 2022. Over the period under review, imports, however, faced a sharp descent. Over the period under review, imports attained the maximum at $258K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Ignition Magneto in Hong Kong SAR (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 246 | 26.0 | 1.3 | 16.3 | -59.5% |
United Arab Emirates | 12.1 | N/A | 5.2 | N/A | -34.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 258 | 26.0 | 6.5 | 16.3 | -60.2% |
Top Suppliers of Ignition Magneto to Hong Kong SAR in 2022:
- United States (2.3K units)
Ignition Magneto Exports in Hong Kong SAR
In 2022, approx. 11K units of ignition magnetos, magneto-dynamos and magnetic flywheels were exported from Hong Kong SAR; with a decrease of -52.4% against 2021. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 4,702% against the previous year. As a result, the exports attained the peak of 22K units, and then fell sharply in the following year.
In value terms, ignition magneto exports contracted rapidly to $98K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,154%. As a result, the exports reached the peak of $182K, and then declined significantly in the following year.
Export of Ignition Magneto in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.3 | 3.4 | 182 | 98.1 | 209.8% |
Others | 6.4 | 11.0 | N/A | N/A | 71.9% |
Total | 9.7 | 14.5 | 182 | 98.1 | 116.3% |
Top Export Markets for Ignition Magneto from Hong Kong SAR in 2022:
- China (10.7K units)
This report provides an in-depth analysis of the ignition magneto 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels
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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