Hong Kong SAR, China - Parachutes And Rotochutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParachute Price in Hong Kong SAR - 2023
Contents:
- Parachute Price in Hong Kong SAR (FOB) - 2023
- Parachute Price in Hong Kong SAR (CIF) - 2022
- Parachute Exports in Hong Kong SAR
- Parachute Imports in Hong Kong SAR
Parachute Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average parachute export price amounted to $215K per ton, dropping by -6.4% against the previous month. In general, the export price faced a deep setback. The pace of growth appeared the most rapid in August 2022 an increase of 407% m-o-m. Over the period under review, the average export prices hit record highs at $1.0M per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Australia ($281K per ton), while the average price for exports to the United States ($51,192 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Parachute Price in Hong Kong SAR (CIF) - 2022
The average parachute import price stood at $78,972 per ton in 2022, with a decrease of -31.7% against the previous year. Over the period under review, the import price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 57% against the previous year. The import price peaked at $115,645 per ton in 2021, and then fell significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($238,606 per ton), while the price for Germany ($63,171 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Parachute Exports in Hong Kong SAR
In 2022, parachute exports from Hong Kong SAR skyrocketed to 43 tons, picking up by 53% on the previous year. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, parachute exports surged to $8.1M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Parachute in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,736 | 1,270 | 1,696 | 3,093 | 21.2% |
Austria | 438 | 1,001 | 1,517 | 2,767 | 84.9% |
Switzerland | 69.7 | 217 | 470 | 857 | 130.8% |
Japan | 176 | 131 | 150 | 274 | 15.9% |
United States | 68.2 | 58.9 | 136 | 249 | 54.0% |
China | 34.0 | 14.3 | 76.1 | 139 | 59.9% |
South Korea | 9.4 | 3.4 | 75.1 | 137 | 144.3% |
France | 52.2 | 45.2 | 59.6 | 109 | 27.8% |
Canada | 11.0 | 11.2 | 44.4 | 81.0 | 94.5% |
Others | 185 | 123 | 457 | 363 | 25.2% |
Total | 2,780 | 2,876 | 4,681 | 8,069 | 42.6% |
Top Export Markets for Parachute from Hong Kong SAR in 2022:
- Germany (16.6 tons)
- Austria (13.3 tons)
- United States (3.3 tons)
- Switzerland (1.9 tons)
- China (1.5 tons)
- South Korea (1.4 tons)
- Japan (1.1 tons)
- France (1.0 tons)
- Canada (0.7 tons)
Parachute Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of parachutes and rotochutes, when their volume decreased by -33.6% to 17 tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of 25 tons, and then fell notably in the following year.
In value terms, parachute imports contracted remarkably to $1.3M in 2022. Overall, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of $2.9M, and then declined rapidly in the following year.
Import of Parachute in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,187 | 1,471 | 2,212 | 1,020 | -4.9% |
United States | 14.7 | 51.6 | 292 | 134 | 108.9% |
France | 72.2 | 86.9 | 175 | 80.8 | 3.8% |
Germany | 98.1 | 69.5 | 85.5 | 39.4 | -26.2% |
Others | 121 | 49.4 | 115 | 30.1 | -37.1% |
Total | 1,492 | 1,728 | 2,880 | 1,305 | -4.4% |
Top Suppliers of Parachute to Hong Kong SAR in 2022:
- China (13.8 tons)
- France (1.2 tons)
- United States (0.6 tons)
- Germany (0.6 tons)
This report provides an in-depth analysis of the parachute 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 13922300 - Parachutes and rotochutes, parts and accessories (including dirigible parachutes)
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
This report provides an in-depth analysis of the parachute market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global parachute market.
This report provides an in-depth analysis of the parachute market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global parachute market.
In value terms, parachutes imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, parachutes exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
In value terms, parachutes imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, parachutes exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...