Hong Kong SAR, China - Airbags With Inflator System And Parts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInflator System Airbag Price in Hong Kong SAR - 2023
Contents:
- Inflator System Airbag Price in Hong Kong SAR (CIF) - 2023
- Inflator System Airbag Price in Hong Kong SAR (FOB) - 2022
- Inflator System Airbag Imports in Hong Kong SAR
- Inflator System Airbag Exports in Hong Kong SAR
Inflator System Airbag Price in Hong Kong SAR (CIF) - 2023
The average inflator system airbag import price stood at $15,036 per ton in August 2023, picking up by 9.5% against the previous month. Over the period under review, the import price, however, showed a mild downturn. The pace of growth was the most pronounced in February 2023 an increase of 39% m-o-m. Over the period under review, average import prices reached the peak figure at $17,880 per ton in November 2022; however, from December 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($98,670 per ton), while the price for China ($11,373 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Inflator System Airbag Price in Hong Kong SAR (FOB) - 2022
In 2022, the average inflator system airbag export price amounted to $21,115 per ton, increasing by 2.3% against the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $54,093 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($126,563 per ton), while the average price for exports to the United States ($9,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Inflator System Airbag Imports in Hong Kong SAR
In 2022, supplies from abroad of airbags with inflator system and parts thereof decreased by -36.9% to 113 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 192 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, inflator system airbag imports plummeted to $1.9M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -6.4% was in 2020.
| Import of Inflator System Airbag in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,935 | 1,590 | 1,674 | 1,380 | -10.7% |
| Japan | 487 | 311 | 350 | 204 | -25.2% |
| Singapore | 246 | 604 | 133 | 100 | -25.9% |
| United States | 58.1 | 68.6 | 77.9 | 72.7 | 7.8% |
| Others | 257 | 220 | 222 | 176 | -11.9% |
| Total | 2,983 | 2,793 | 2,457 | 1,932 | -13.5% |
Top Suppliers of Inflator System Airbag to Hong Kong SAR in 2022:
- China (100.7 tons)
- Japan (5.1 tons)
- United States (3.0 tons)
- Singapore (0.9 tons)
Inflator System Airbag Exports in Hong Kong SAR
Inflator system airbag exports from Hong Kong SAR dropped dramatically to 17 tons in 2022, declining by -45.8% against the previous year. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -41.7% was in 2021.
In value terms, inflator system airbag exports dropped markedly to $369K in 2022. In general, exports showed a dramatic contraction. The smallest decline of -34% was in 2021.
| Export of Inflator System Airbag in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 290 | 320 | 272 | 184 | -14.1% |
| China | 674 | 182 | 47.7 | 89.7 | -48.9% |
| Spain | N/A | N/A | N/A | 32.1 | 0% |
| United States | 1,197 | 491 | 304 | 26.7 | -71.9% |
| Others | 72.8 | 14.4 | 41.4 | 36.1 | -20.8% |
| Total | 2,234 | 1,007 | 664 | 369 | -45.1% |
Top Export Markets for Inflator System Airbag from Hong Kong SAR in 2022:
- Japan (11.6 tons)
- United States (2.8 tons)
- China (2.0 tons)
- Spain (0.4 tons)
This report provides an in-depth analysis of the inflator system airbag 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 29322050 - Airbags with inflator system and parts thereof
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
-
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
-
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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