Hong Kong SAR, China - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Balancing Mechanical Parts Machine in Hong Kong SAR - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Hong Kong SAR (FOB) - 2022
- Price for Balancing Mechanical Parts Machine in Hong Kong SAR (CIF) - 2022
- Exports of Balancing Mechanical Parts Machine in Hong Kong SAR
- Imports of Balancing Mechanical Parts Machine in Hong Kong SAR
Price for Balancing Mechanical Parts Machine in Hong Kong SAR (FOB) - 2022
In 2022, the average balancing mechanical parts machine export price amounted to $2,940 per unit, dropping by -18.1% against the previous year. Overall, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14% against the previous year. The export price peaked at $4,872 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,945 per unit), while the average price for exports to China amounted to $2,940 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.9%).
Price for Balancing Mechanical Parts Machine in Hong Kong SAR (CIF) - 2022
The average balancing mechanical parts machine import price stood at $5,871 per unit in 2022, with an increase of 44% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($5,871 per unit) and Japan ($5,871 per unit), while the price for Germany ($5,870 per unit) and China ($5,871 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Balancing Mechanical Parts Machine in Hong Kong SAR
In 2022, overseas shipments of machines for balancing mechanical parts decreased by -31.8% to 643 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 139% against the previous year. Over the period under review, the exports attained the peak figure at 943 units in 2021, and then reduced rapidly in the following year.
In value terms, balancing mechanical parts machine exports dropped rapidly to $1.9M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 116% against the previous year. The exports peaked at $3.4M in 2021, and then dropped sharply in the following year.
| Export of Balancing Mechanical Parts Machine in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 456 | 1,391 | 2,968 | 1,839 | 59.2% |
| United States | 12.9 | 16.3 | 197 | 51.7 | 58.8% |
| Thailand | 107 | 29.8 | 20.7 | 0.3 | -85.9% |
| Malaysia | 77.3 | 67.8 | N/A | N/A | -12.3% |
| Others | 90.2 | 100 | 199 | N/A | 48.5% |
| Total | 744 | 1,605 | 3,385 | 1,891 | 36.5% |
Top Export Markets for Balancing Mechanical Parts Machine from Hong Kong SAR in 2022:
- China (626.0 units)
- United States (18.0 units)
Imports of Balancing Mechanical Parts Machine in Hong Kong SAR
In 2022, overseas purchases of machines for balancing mechanical parts decreased by -30.9% to 275 units, falling for the second year in a row after two years of growth. In general, imports, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 96%. As a result, imports attained the peak of 501 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, balancing mechanical parts machine imports reduced to $1.6M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Balancing Mechanical Parts Machine in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 227 | 942 | 1,376 | 1,079 | 68.1% |
| Germany | 214 | 82.6 | N/A | 405 | 23.7% |
| Taiwan (Chinese) | 100 | 494 | 154 | 89.0 | -3.8% |
| China | 90.7 | 173 | 88.9 | 41.1 | -23.2% |
| United States | 80.9 | 2.3 | N/A | N/A | -97.2% |
| Others | 7.0 | N/A | N/A | N/A | 0% |
| Total | 720 | 1,695 | 1,618 | 1,614 | 30.9% |
Top Suppliers of Balancing Mechanical Parts Machine to Hong Kong SAR in 2022:
- Japan (184.0 units)
- Germany (69.0 units)
- Taiwan (Chinese) (15.0 units)
- China (7.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
287
This report provides an in-depth analysis of the market for balancing mechanical parts machine in Hong Kong SAR, China.
265
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer in Hong Kong SAR, China.
218
This report provides an in-depth analysis of the test bench market in Hong Kong SAR, China.
287
This report provides an in-depth analysis of the zinc powder market in Hong Kong SAR, China.
97
This report provides an in-depth analysis of the market for saturated chlorinated acyclic hydrocarbon derivatives other than chloro- and dichloromethane, chloro- and dichloroethane, chloroform, carbon tetrachloride, dichloropropane and dichlorobutanes in Hong Kong SAR, China.
215
This report provides an in-depth analysis of the market for polystyrene in primary forms in Hong Kong SAR, China.
375
This report provides an in-depth analysis of the polystyrene market in Hong Kong SAR, China.
205
This report provides an in-depth analysis of the inflatable vessel market in Hong Kong SAR, China.
302
This report provides an in-depth analysis of the expansible polystyrene market in Hong Kong SAR, China.
260
This report provides an in-depth analysis of the dichloromethane market in Hong Kong SAR, China.
245
In January 2023, the price of zinc powder was $5,228 per ton (FOB - Hong Kong, China), remaining the same as the previous month.
126
From March 2023 to November 2023, Polystyrene exports experienced a lack of growth momentum, with a significant decline in value to $4.3M in November 2023.
490
In March 2023, the polystyrene price stood at $1,260 per ton (FOB, Hong Kong), increasing by 11% against the previous month.
1370
In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
1219
In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
278
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
218
Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
863
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
3607
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
