Hong Kong SAR, China - Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights

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Price for Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR - 2023

Contents:

  1. Price for Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (CIF) - 2023
  2. Price for Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (FOB) - 2023
  3. Imports of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR
  4. Exports of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR

Price for Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for belt type continuous-action elevators and conveyors for goods or materials amounted to $5,173 per unit, dropping by -32.7% against the previous month. In general, the import price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 356% month-to-month. Over the period under review, average import prices attained the maximum at $14,101 per unit in April 2023; afterwards, it flattened through to November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($5,191 per unit), while the price for Japan stood at $2,408 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+23.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (FOB) - 2023

In November 2023, the average export price for belt type continuous-action elevators and conveyors for goods or materials amounted to $842 per unit, dropping by -57.4% against the previous month. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in February 2023 when the average export price increased by 2,084% month-to-month. As a result, the export price attained the peak level of $8,774 per unit. From March 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($2,240 per unit), while the average price for exports to China stood at $793 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.6%).

Imports of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR

In 2022, the amount of belt type continuous-action elevators and conveyors for goods or materials imported into Hong Kong SAR contracted dramatically to 1.4K units, which is down by -18.9% compared with 2021 figures. In general, imports continue to indicate a sharp decrease. Over the period under review, imports of reached the peak figure at 3.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials declined to $6.1M in 2022. Over the period under review, imports showed a precipitous slump. Over the period under review, imports of reached the maximum at $13M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.66.64.03.3-16.2%
Japan0.80.60.20.7-4.4%
DenmarkN/AN/AN/A0.50%
Singapore0.90.10.30.4-23.7%
United Arab Emirates3.6N/AN/AN/A0%
Others1.91.52.01.2-14.2%
Total12.98.86.46.1-22.1%

Top Suppliers of Belt Type Continuous-Action Elevator and Conveyor to Hong Kong SAR in 2022:

  1. China (1216.0 units)
  2. Japan (83.0 units)
  3. Denmark (64.0 units)
  4. Singapore (30.0 units)

Exports of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR

In 2022, exports of belt type continuous-action elevators and conveyors for goods or materials from Hong Kong SAR dropped significantly to 1.1K units, waning by -47.9% compared with 2021. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. The exports peaked at 3.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials contracted markedly to $2.7M in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, the exports of reached the maximum at $10M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Belt Type Continuous-Action Elevator and Conveyor in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8,3013,2964,2881,915-38.7%
India390421434309-7.5%
Thailand39.224.76.511241.9%
Vietnam73.712932589.16.5%
Hungary10815.067.969.5-13.7%
Malaysia38652210720.1-62.7%
United States43412937.56.4-75.5%
Others325502311161-20.9%
Total10,0555,0385,5772,681-35.6%

Top Export Markets for Belt Type Continuous-Action Elevator and Conveyor from Hong Kong SAR in 2022:

  1. China (831.0 units)
  2. India (92.0 units)
  3. Vietnam (36.0 units)
  4. Thailand (26.0 units)
  5. Hungary (20.0 units)
  6. United States (4.0 units)
  7. Malaysia (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor 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 28221770 - Belt type continuous-action elevators and conveyors for goods or materials

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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