Hong Kong SAR, China - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cast Iron Household Articles in Hong Kong SAR - 2023
Contents:
- Price for Cast Iron Household Articles in Hong Kong SAR (CIF) - 2023
- Price for Cast Iron Household Articles in Hong Kong SAR (FOB) - 2022
- Imports of Cast Iron Household Articles in Hong Kong SAR
- Exports of Cast Iron Household Articles in Hong Kong SAR
Price for Cast Iron Household Articles in Hong Kong SAR (CIF) - 2023
In September 2023, the average cast iron household articles import price amounted to $11,624 per ton, with an increase of 117% against the previous month. Over the period under review, the import price recorded a temperate expansion. Over the period under review, average import prices hit record highs at $22,289 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($20,650 per ton), while the price for China ($3,595 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cast Iron Household Articles in Hong Kong SAR (FOB) - 2022
In 2022, the average cast iron household articles export price amounted to $10,722 per ton, jumping by 51% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 55%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($15,612 per ton), while the average price for exports to Switzerland ($2,836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cast Iron Household Articles in Hong Kong SAR
In 2022, the amount of table, kitchen or household articles of cast iron imported into Hong Kong SAR reduced to 488 tons, waning by -9% against the previous year. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year.
In value terms, cast iron household articles imports expanded to $5.9M in 2022. Over the period under review, imports showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year.
Import of Cast Iron Household Articles in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2.1 | 1.7 | 3.3 | 3.6 | 19.7% |
China | 3.1 | 0.7 | 0.7 | 0.9 | -33.8% |
Germany | 0.7 | 0.4 | 0.6 | 0.7 | 0.0% |
Japan | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
Others | 0.3 | 0.5 | 0.6 | 0.2 | -12.6% |
Total | 6.3 | 3.5 | 5.7 | 5.9 | -2.2% |
Top Suppliers of Cast Iron Household Articles to Hong Kong SAR in 2022:
- France (225.2 tons)
- China (180.2 tons)
- Germany (42.8 tons)
- Japan (21.5 tons)
Exports of Cast Iron Household Articles in Hong Kong SAR
Cast iron household articles exports from Hong Kong SAR reduced notably to 130 tons in 2022, dropping by -21.2% against the previous year's figure. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year.
In value terms, cast iron household articles exports soared to $1.4M in 2022. Overall, exports continue to indicate a abrupt decrease.
Export of Cast Iron Household Articles in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 16.4 | 63.4 | 158 | 512 | 214.9% |
South Korea | 74.5 | 13.1 | 185 | 319 | 62.4% |
Singapore | 0.6 | 0.1 | 12.0 | 109 | 466.4% |
United States | 133 | 105 | 120 | 100 | -9.1% |
China | 1,389 | 691 | 215 | 83.2 | -60.9% |
Japan | 1.8 | 63.0 | 59.9 | 78.9 | 252.6% |
Switzerland | 35.1 | N/A | 14.2 | 26.6 | -8.8% |
Germany | 15.9 | 7.8 | 5.5 | 25.4 | 16.9% |
Belgium | N/A | N/A | 0.1 | 24.2 | 24100.0% |
Indonesia | 47.1 | 65.5 | N/A | 23.4 | -20.8% |
Philippines | 3.4 | 20.9 | 2.7 | 12.4 | 53.9% |
United Kingdom | 20.8 | 37.3 | 24.9 | 8.4 | -26.1% |
Lithuania | N/A | N/A | 140 | N/A | 0% |
Others | 121 | 43.4 | 235 | 74.1 | -15.1% |
Total | 1,858 | 1,110 | 1,173 | 1,397 | -9.1% |
Top Export Markets for Cast Iron Household Articles from Hong Kong SAR in 2022:
- Macao SAR (42.5 tons)
- South Korea (25.0 tons)
- Switzerland (9.4 tons)
- United States (8.4 tons)
- Japan (8.3 tons)
- Singapore (7.0 tons)
- China (5.3 tons)
- Germany (4.5 tons)
- Philippines (4.2 tons)
- Belgium (3.2 tons)
- Indonesia (2.4 tons)
- United Kingdom (2.4 tons)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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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