Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (FOB) - 2022
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (CIF) - 2022
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for electric generators amounted to $14,874 per unit, with a decrease of -8.9% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 5,090% against the previous year. As a result, the export price attained the peak level of $453,791 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($15,108 per unit), while the average price for exports to Malaysia totaled $10,972 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-7.4%).
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (CIF) - 2022
The average import price for electric generators stood at $25,768 per unit in 2022, rising by 135% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,292%. Over the period under review, average import prices hit record highs at $124,956 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($52,419 per unit), while the price for Malaysia totaled $10,091 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR
In 2022, approx. 392 units of electric generators were exported from Hong Kong SAR; surging by 3,167% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric generators soared to $5.8M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.1 | 0.2 | 5.5 | 641.6% |
| Malaysia | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.1 | 0.2 | 5.8 | 287.1% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Hong Kong SAR in 2022:
- China (367.0 units)
- Malaysia (23.0 units)
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR
Imports of electric generators into Hong Kong SAR soared to 81 units in 2022, with an increase of 179% on 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric generators surged to $2.1M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 1,573 | 0% |
| Malaysia | 106 | 95.7 | 301 | 515 | 69.4% |
| China | 125 | 112 | 16.9 | N/A | -63.2% |
| Indonesia | 87.6 | N/A | N/A | N/A | 0% |
| Others | 23.5 | 183 | N/A | N/A | 678.7% |
| Total | 342 | 390 | 318 | 2,087 | 82.7% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Hong Kong SAR in 2022:
- Malaysia (51.0 units)
- Germany (30.0 units)
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