Hong Kong SAR, China - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Agricultural and Forestry Tractor in Hong Kong SAR - 2023
Contents:
- Price for Agricultural and Forestry Tractor in Hong Kong SAR (CIF) - 2022
- Price for Agricultural and Forestry Tractor in Hong Kong SAR (FOB) - 2022
- Imports of Agricultural and Forestry Tractor in Hong Kong SAR
- Exports of Agricultural and Forestry Tractor in Hong Kong SAR
Price for Agricultural and Forestry Tractor in Hong Kong SAR (CIF) - 2022
In 2022, the average agricultural and forestry tractor import price amounted to $9,552 per unit, falling by -7.1% against the previous year. Overall, the import price recorded a slight contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 120% against the previous year. The import price peaked at $39,422 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($82,731 per unit), while the price for Japan ($5,252 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agricultural and Forestry Tractor in Hong Kong SAR (FOB) - 2022
In 2022, the average agricultural and forestry tractor export price amounted to $3,611 per unit, falling by -66.4% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 123%. Over the period under review, the average export prices hit record highs at $23,079 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($333,171 per unit), while the average price for exports to the Philippines ($2,005 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 Australia (+335.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Agricultural and Forestry Tractor in Hong Kong SAR
In 2022, the amount of agricultural and forestry tractors imported into Hong Kong SAR soared to 153 units, increasing by 233% compared with the previous year. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, agricultural and forestry tractor imports soared to $1.5M in 2022. Over the period under review, imports, however, recorded a abrupt downturn. Imports peaked at $2.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Agricultural and Forestry Tractor in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 196 | 152 | 70.8 | 422 | 29.1% |
| China | 329 | 166 | 26.7 | 284 | -4.8% |
| United States | 548 | 83.3 | 23.9 | 259 | -22.1% |
| South Korea | 59.4 | 18.6 | 39.4 | 31.6 | -19.0% |
| United Kingdom | 88.6 | 23.6 | 12.0 | 25.0 | -34.4% |
| Japan | 45.1 | 32.9 | 5.7 | 17.9 | -26.5% |
| Belgium | N/A | 693 | 216 | N/A | -68.8% |
| Others | 1,127 | 837 | 78.9 | 422 | -27.9% |
| Total | 2,393 | 2,006 | 473 | 1,461 | -15.2% |
Top Suppliers of Agricultural and Forestry Tractor to Hong Kong SAR in 2022:
- United States (22.0 units)
- China (17.0 units)
- France (5.0 units)
- South Korea (5.0 units)
- United Kingdom (3.0 units)
- Japan (3.0 units)
Exports of Agricultural and Forestry Tractor in Hong Kong SAR
In 2022, the amount of agricultural and forestry tractors exported from Hong Kong SAR surged to 133 units, rising by 133% compared with 2021 figures. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, agricultural and forestry tractor exports dropped significantly to $480K in 2022. Over the period under review, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 5.6% against the previous year. As a result, the exports attained the peak of $669K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Agricultural and Forestry Tractor in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 333 | 0% |
| Australia | N/A | N/A | 12.5 | 15.0 | 20.0% |
| Philippines | 61.5 | N/A | 2.9 | 2.0 | -68.1% |
| Ecuador | N/A | N/A | 225 | N/A | 0% |
| Nigeria | 76.0 | 107 | 50.1 | N/A | -18.8% |
| Kenya | N/A | N/A | 8.4 | N/A | 0% |
| Colombia | N/A | 14.1 | N/A | N/A | 0% |
| Germany | 317 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 37.1 | N/A | 0% |
| Uzbekistan | N/A | 45.9 | N/A | N/A | 0% |
| Azerbaijan | 72.7 | N/A | N/A | N/A | 0% |
| Singapore | 32.1 | 487 | 227 | N/A | 165.9% |
| Others | 75.0 | 14.6 | 49.8 | 130 | 20.1% |
| Total | 634 | 669 | 613 | 480 | -8.9% |
Top Export Markets for Agricultural and Forestry Tractor from Hong Kong SAR in 2022:
- Philippines (1.0 units)
- Australia (1.0 units)
- Taiwan (Chinese) (1.0 units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor 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 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
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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