Hong Kong SAR, China - Non-Motorised Hand-Operated Mechanical Floor Sweepers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mechanical Hand Floor Sweeper in Hong Kong SAR - 2023
Contents:
- Price for Mechanical Hand Floor Sweeper in Hong Kong SAR (CIF) - 2022
- Price for Mechanical Hand Floor Sweeper in Hong Kong SAR (FOB) - 2023
- Imports of Mechanical Hand Floor Sweeper in Hong Kong SAR
- Exports of Mechanical Hand Floor Sweeper in Hong Kong SAR
Price for Mechanical Hand Floor Sweeper in Hong Kong SAR (CIF) - 2022
In 2022, the average mechanical hand floor sweeper import price amounted to $0.3 per unit, waning by -6.1% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The import price peaked at $0.6 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 Canada ($1.4 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mechanical Hand Floor Sweeper in Hong Kong SAR (FOB) - 2023
In June 2023, the average mechanical hand floor sweeper export price amounted to $183 per thousand units, falling by -6.4% against the previous month. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 204% m-o-m. As a result, the export price reached the peak level of $0.3 per unit. From February 2023 to June 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 Sweden ($829 per thousand units), while the average price for exports to China ($111 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%), while the prices for the other major destinations experienced a decline.
Imports of Mechanical Hand Floor Sweeper in Hong Kong SAR
In 2022, mechanical hand floor sweeper imports into Hong Kong SAR dropped to 57M units, with a decrease of -14.3% on 2021 figures. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 90%. As a result, imports reached the peak of 67M units, and then shrank in the following year.
In value terms, mechanical hand floor sweeper imports reduced sharply to $15M in 2022. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Mechanical Hand Floor Sweeper in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.6 | 11.0 | 11.0 | 11.4 | -15.1% |
Japan | 1.6 | 0.8 | 1.0 | 1.1 | -11.7% |
Malaysia | 0.1 | 0.5 | 0.6 | 1.0 | 115.4% |
Germany | 0.1 | 1.6 | 4.5 | 0.5 | 71.0% |
Others | 1.5 | 2.1 | 1.8 | 1.4 | -2.3% |
Total | 22.1 | 16.0 | 19.0 | 15.3 | -11.5% |
Top Suppliers of Mechanical Hand Floor Sweeper to Hong Kong SAR in 2022:
- China (49.6M units)
- Japan (3.0M units)
- Germany (1.4M units)
- Malaysia (1.2M units)
Exports of Mechanical Hand Floor Sweeper in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in shipments abroad of non-motorised hand-operated mechanical floor sweepers, which increased by 28% to 91M units in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 36%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, mechanical hand floor sweeper exports fell markedly to $13M in 2022. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 32%. Over the period under review, the exports reached the maximum at $17M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Mechanical Hand Floor Sweeper in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 4.1 | 6.7 | 6.4 | 35.0% |
United States | 4.7 | 2.3 | 2.5 | 2.0 | -24.8% |
Others | 9.4 | 5.6 | 6.6 | 4.5 | -21.8% |
Total | 16.7 | 12.0 | 15.9 | 12.9 | -8.2% |
Top Export Markets for Mechanical Hand Floor Sweeper from Hong Kong SAR in 2022:
- China (82.4M units)
- United States (3.0M units)
This report provides an in-depth analysis of the market for mechanical hand floor sweeper 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 32911140 - Non-motorised, hand-operated mechanical floor sweepers and other brushes for road, household or animals
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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