Hong Kong SAR, China - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMechano-Therapy Appliances Price in Hong Kong SAR - 2023
Contents:
- Mechano-Therapy Appliances Price in Hong Kong SAR (CIF) - 2022
- Mechano-Therapy Appliances Price in Hong Kong SAR (FOB) - 2022
- Mechano-Therapy Appliances Imports in Hong Kong SAR
- Mechano-Therapy Appliances Exports in Hong Kong SAR
Mechano-Therapy Appliances Price in Hong Kong SAR (CIF) - 2022
The average mechano-therapy appliances import price stood at $20 per unit in 2022, reducing by -3.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15%. Over the period under review, average import prices reached the peak figure at $20 per unit in 2021, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($20 per unit) and Japan ($20 per unit), while the price for Singapore ($20 per unit) and China ($20 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mechano-Therapy Appliances Price in Hong Kong SAR (FOB) - 2022
In 2022, the average mechano-therapy appliances export price amounted to $29 per unit, shrinking by -15.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. The export price peaked at $35 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($29 per unit) and the United States ($29 per unit), while the average price for exports to Macao SAR ($29 per unit) and South Korea ($29 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mechano-Therapy Appliances Imports in Hong Kong SAR
In 2022, overseas purchases of mechano-therapy appliances and massage apparatus decreased by -45.8% to 4.7M units, falling for the second consecutive year after two years of growth. Overall, imports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, imports reached the peak of 9.6M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mechano-therapy appliances imports fell rapidly to $92M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 50%. As a result, imports attained the peak of $185M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mechano-Therapy Appliances in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 158 | 148 | 72.8 | -10.9% |
| South Korea | 4.7 | 4.2 | 6.0 | 5.2 | 3.4% |
| United States | 2.2 | 3.7 | 2.8 | 2.5 | 4.4% |
| Japan | 3.7 | 5.3 | 3.7 | 2.1 | -17.2% |
| Germany | 0.9 | 2.0 | 2.1 | 1.5 | 18.6% |
| Singapore | 0.7 | 3.6 | 5.7 | 1.1 | 16.3% |
| Others | 8.1 | 8.0 | 7.7 | 6.4 | -7.6% |
| Total | 123 | 185 | 176 | 91.6 | -9.4% |
Top Suppliers of Mechano-Therapy Appliances to Hong Kong SAR in 2022:
- China (3698.0K units)
- South Korea (265.6K units)
- United States (125.3K units)
- Japan (108.1K units)
- Germany (77.5K units)
- Singapore (54.7K units)
Mechano-Therapy Appliances Exports in Hong Kong SAR
After three years of growth, overseas shipments of mechano-therapy appliances and massage apparatus decreased by -41.9% to 3M units in 2022. Over the period under review, exports, however, showed temperate growth. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of 5.1M units, and then fell remarkably in the following year.
In value terms, mechano-therapy appliances exports dropped remarkably to $86M in 2022. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of $176M, and then dropped rapidly in the following year.
| Export of Mechano-Therapy Appliances in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.7 | 39.8 | 49.0 | 23.0 | -9.2% |
| Japan | 11.3 | 26.9 | 27.3 | 12.9 | 4.5% |
| China | 10.9 | 11.8 | 30.5 | 7.5 | -11.7% |
| Australia | 4.9 | 8.3 | 10.9 | 4.6 | -2.1% |
| Germany | 6.2 | 9.0 | 13.3 | 4.4 | -10.8% |
| South Korea | 4.1 | 3.6 | 5.1 | 3.2 | -7.9% |
| Taiwan (Chinese) | 3.5 | 2.5 | 2.4 | 3.1 | -4.0% |
| United Kingdom | 5.3 | 4.7 | 7.9 | 3.1 | -16.4% |
| France | 3.4 | 3.7 | 4.9 | 3.0 | -4.1% |
| Singapore | 1.1 | 1.5 | 2.1 | 2.5 | 31.5% |
| Macao SAR | 3.5 | 3.2 | 3.9 | 2.1 | -15.7% |
| Netherlands | 1.6 | 1.1 | 1.7 | 1.7 | 2.0% |
| Others | 7.0 | 9.3 | 16.7 | 14.8 | 28.3% |
| Total | 93.5 | 125 | 176 | 85.9 | -2.8% |
Top Export Markets for Mechano-Therapy Appliances from Hong Kong SAR in 2022:
- United States (793.4K units)
- Japan (446.4K units)
- China (258.6K units)
- Australia (158.1K units)
- Germany (153.0K units)
- South Korea (111.8K units)
- United Kingdom (107.4K units)
- Taiwan (Chinese) (105.9K units)
- France (103.7K units)
- Singapore (87.5K units)
- Macao SAR (71.3K units)
- Netherlands (59.5K units)
This report provides an in-depth analysis of the mechano-therapy appliances 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 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)
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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