Hong Kong SAR, China - Pulley Tackle And Hoists, Non-Powered By Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Pulley Tackle Price in Hong Kong SAR - 2023
Contents:
- Non-Electric Pulley Tackle Price in Hong Kong SAR (CIF) - 2022
- Non-Electric Pulley Tackle Price in Hong Kong SAR (FOB) - 2022
- Non-Electric Pulley Tackle Imports in Hong Kong SAR
- Non-Electric Pulley Tackle Exports in Hong Kong SAR
Non-Electric Pulley Tackle Price in Hong Kong SAR (CIF) - 2022
In 2022, the average non-electric pulley tackle import price amounted to $88 per unit, almost unchanged from the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric pulley tackle import price increased by +74.3% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 19%. The import price peaked at $89 per unit in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($90 per unit), while the price for China ($74 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electric Pulley Tackle Price in Hong Kong SAR (FOB) - 2022
In 2022, the average non-electric pulley tackle export price amounted to $133 per unit, with a decrease of -8.5% against the previous year. Overall, the export price, however, showed a mild expansion. The growth pace was the most rapid in 2016 when the average export price increased by 203% against the previous year. As a result, the export price reached the peak level of $239 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
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 Singapore ($206 per unit), while the average price for exports to Italy ($33 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 Egypt (+172.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Pulley Tackle Imports in Hong Kong SAR
Non-electric pulley tackle imports into Hong Kong SAR shrank to 16K units in 2022, reducing by -14.7% compared with the previous year. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked at 20K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-electric pulley tackle imports reduced dramatically to $1.4M in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $1.7M, and then fell sharply in the following year.
| Import of Non-Electric Pulley Tackle in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 965 | 980 | 1,228 | 984 | 0.7% |
| China | 331 | 311 | 326 | 343 | 1.2% |
| United States | 42.5 | 28.4 | 2.7 | 44.3 | 1.4% |
| Others | 202 | 89.6 | 138 | 52.1 | -36.3% |
| Total | 1,541 | 1,409 | 1,694 | 1,424 | -2.6% |
Top Suppliers of Non-Electric Pulley Tackle to Hong Kong SAR in 2022:
- Japan (11.0K units)
- China (4.6K units)
- United States (0.6K units)
Non-Electric Pulley Tackle Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of pulley tackle and hoists, non-powered by electric motor, which decreased by -51.1% to 644 units in 2022. In general, exports saw a sharp slump. The smallest decline of -4.3% was in 2020. The exports peaked at 1.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-electric pulley tackle exports dropped dramatically to $86K in 2022. Overall, exports faced a precipitous decline. The smallest decline of -7.2% was in 2020. Over the period under review, the exports hit record highs at $347K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Electric Pulley Tackle in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 256 | 245 | 101 | 73.8 | -33.9% |
| Italy | N/A | N/A | N/A | 3.3 | 0% |
| Singapore | 1.9 | 8.6 | 65.7 | 2.1 | 3.4% |
| Canada | 64.9 | 35.9 | 20.6 | N/A | -43.7% |
| Others | 24.5 | 32.9 | 4.1 | 6.3 | -36.4% |
| Total | 347 | 322 | 191 | 85.5 | -37.3% |
Top Export Markets for Non-Electric Pulley Tackle from Hong Kong SAR in 2022:
- China (530.0 units)
- Italy (100.0 units)
- Singapore (10.0 units)
This report provides an in-depth analysis of the non-electric pulley tackle 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 28221170 - Pulley tackle and hoists, non-powered by electric motor (other than skip hoists or hoists of a kind used for raising vehicles)
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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