Hong Kong SAR, China - Invalid Carriages Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInvalid Carriage Price in Hong Kong SAR - 2023
Contents:
- Invalid Carriage Price in Hong Kong SAR (CIF) - 2023
- Invalid Carriage Price in Hong Kong SAR (FOB) - 2022
- Invalid Carriage Imports in Hong Kong SAR
- Invalid Carriage Exports in Hong Kong SAR
Invalid Carriage Price in Hong Kong SAR (CIF) - 2023
The average invalid carriage import price stood at $158 per unit in September 2023, picking up by 4.2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 39% m-o-m. As a result, import price reached the peak level of $181 per unit. From November 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($182 per unit), while the price for Taiwan (Chinese) ($87.9 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 Japan (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Invalid Carriage Price in Hong Kong SAR (FOB) - 2022
The average invalid carriage export price stood at $191 per unit in 2022, rising by 87% against the previous year. Over the period under review, the export price continues to indicate notable growth. The export price peaked at $225 per unit in 2013; however, from 2014 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 France ($346 per unit), while the average price for exports to the Czech Republic ($27 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 Japan (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Invalid Carriage Imports in Hong Kong SAR
In 2022, invalid carriage imports into Hong Kong SAR declined notably to 27K units, dropping by -49.1% on the previous year's figure. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. As a result, imports reached the peak of 53K units, and then contracted markedly in the following year.
In value terms, invalid carriage imports reduced notably to $4.2M in 2022. Overall, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of $5.1M, and then dropped rapidly in the following year.
| Import of Invalid Carriage in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 3.2 | 4.4 | 3.7 | -0.9% |
| Japan | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.9 | 0.6 | 0.6 | 0.5 | -17.8% |
| Total | 4.8 | 3.9 | 5.1 | 4.2 | -4.4% |
Top Suppliers of Invalid Carriage to Hong Kong SAR in 2022:
- China (26.2K units)
- Japan (0.4K units)
Invalid Carriage Exports in Hong Kong SAR
In 2022, approx. 773 units of invalid carriages not mechanically propelled were exported from Hong Kong SAR; waning by -88.2% against 2021. Overall, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 425% against the previous year. As a result, the exports attained the peak of 6.5K units, and then fell sharply in the following year.
In value terms, invalid carriage exports fell remarkably to $148K in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 253%. As a result, the exports attained the peak of $667K, and then contracted notably in the following year.
| Export of Invalid Carriage in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 150 | 110 | 84.1 | 86.3 | -16.8% |
| United States | 14.8 | 9.2 | 529 | 15.3 | 1.1% |
| France | N/A | 0.9 | 3.6 | 10.7 | 244.8% |
| China | 29.7 | 32.8 | 1.8 | 5.6 | -42.7% |
| United Kingdom | N/A | 29.4 | 25.0 | 5.4 | -57.1% |
| Japan | 0.4 | 3.7 | 6.5 | 3.2 | 100.0% |
| United Arab Emirates | N/A | N/A | N/A | 3.1 | 0% |
| Czech Republic | N/A | N/A | N/A | 0.6 | 0% |
| Others | 15.0 | 3.1 | 17.7 | 17.4 | 5.1% |
| Total | 210 | 189 | 667 | 148 | -11.0% |
Top Export Markets for Invalid Carriage from Hong Kong SAR in 2022:
- Macao SAR (356.0 units)
- United States (124.0 units)
- United Arab Emirates (85.0 units)
- United Kingdom (37.0 units)
- Japan (35.0 units)
- France (31.0 units)
- Czech Republic (23.0 units)
- China (17.0 units)
This report provides an in-depth analysis of the invalid carriage 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 30922030 - Invalid carriages not mechanically propelled
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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