Hong Kong SAR, China - Non-Electric Bakery Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Bakery Oven Price in Hong Kong SAR - 2023
Contents:
- Non-Electric Bakery Oven Price in Hong Kong SAR (CIF) - 2022
- Non-Electric Bakery Oven Price in Hong Kong SAR (FOB) - 2022
- Non-Electric Bakery Oven Imports in Hong Kong SAR
- Non-Electric Bakery Oven Exports in Hong Kong SAR
Non-Electric Bakery Oven Price in Hong Kong SAR (CIF) - 2022
The average non-electric bakery oven import price stood at $119,927 per unit in 2022, growing by 4,700% against the previous year. In general, the import price saw a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($922,426 per unit), while the price for China ($878 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+219.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electric Bakery Oven Price in Hong Kong SAR (FOB) - 2022
In 2022, the average non-electric bakery oven export price amounted to $4,214 per unit, increasing by 7.4% against the previous year. Overall, the export price, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 52%. The export price peaked at $13,944 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Philippines amounted to +48.1% per year.
Non-Electric Bakery Oven Imports in Hong Kong SAR
In 2022, supplies from abroad of non-electric bakery ovens decreased by -68.8% to 24 units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of 99 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-electric bakery oven imports skyrocketed to $2.9M in 2022. Overall, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Electric Bakery Oven in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 2,767 | 0% |
| Taiwan (Chinese) | 222 | 171 | 124 | 44.9 | -41.3% |
| Canada | N/A | N/A | N/A | 32.0 | 0% |
| Italy | 45.2 | 11.5 | 16.5 | 27.9 | -14.9% |
| China | 46.4 | 79.3 | 51.9 | 6.1 | -49.2% |
| Others | N/A | 7.4 | 0.8 | N/A | -89.2% |
| Total | 313 | 269 | 193 | 2,878 | 109.5% |
Top Suppliers of Non-Electric Bakery Oven to Hong Kong SAR in 2022:
- Taiwan (Chinese) (11.0 units)
- China (7.0 units)
- Japan (3.0 units)
- Italy (2.0 units)
- Canada (1.0 units)
Non-Electric Bakery Oven Exports in Hong Kong SAR
Non-electric bakery oven exports from Hong Kong SAR soared to 4 units in 2022, jumping by 33% against the year before. Over the period under review, exports, however, recorded a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 150% against the previous year. As a result, the exports attained the peak of 40 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, non-electric bakery oven exports soared to $17K in 2022. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 280% against the previous year. As a result, the exports reached the peak of $119K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Non-Electric Bakery Oven in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.5 | 119 | 11.8 | 16.9 | -16.9% |
| Croatia | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 31.2 | 119 | 11.8 | 16.9 | -18.5% |
Top Export Markets for Non-Electric Bakery Oven from Hong Kong SAR in 2022:
- China (4.0 units)
This report provides an in-depth analysis of the non-electric bakery oven 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 28931530 - Bakery ovens, including biscuit ovens, non-electric
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
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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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