Hong Kong SAR, China - Air Conditioning Machines For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Motor Vehicle Air Conditioning Machine in Hong Kong SAR - 2023
Contents:
- Price for Motor Vehicle Air Conditioning Machine in Hong Kong SAR (FOB) - 2022
- Price for Motor Vehicle Air Conditioning Machine in Hong Kong SAR (CIF) - 2022
- Exports of Motor Vehicle Air Conditioning Machine in Hong Kong SAR
- Imports of Motor Vehicle Air Conditioning Machine in Hong Kong SAR
Price for Motor Vehicle Air Conditioning Machine in Hong Kong SAR (FOB) - 2022
The average export price for air conditioning machines for motor vehicles stood at $313 per unit in 2022, with a decrease of -2.5% against the previous year. In general, the export price, however, saw a notable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 104% against the previous year. As a result, the export price reached the peak level of $677 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($313 per unit) and Taiwan (Chinese) ($313 per unit), while the average price for exports to China ($313 per unit) and Germany ($313 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Motor Vehicle Air Conditioning Machine in Hong Kong SAR (CIF) - 2022
The average import price for air conditioning machines for motor vehicles stood at $322 per unit in 2022, increasing by 1.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($325 per unit) and China ($323 per unit), while the price for South Korea ($320 per unit) and Japan ($320 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Motor Vehicle Air Conditioning Machine in Hong Kong SAR
In 2022, motor vehicle air conditioning machine exports from Hong Kong SAR surged to 1.5K units, rising by 47% on 2021. In general, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the peak figure at 2.9K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, motor vehicle air conditioning machine exports surged to $468K in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The exports peaked at $853K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Export of Motor Vehicle Air Conditioning Machine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.2 | 292 | 195 | 220 | 162.2% |
Taiwan (Chinese) | N/A | N/A | N/A | 121 | 0% |
United States | 299 | 261 | 53.3 | 71.1 | -38.0% |
China | 304 | 203 | 1.3 | 53.1 | -44.1% |
South Korea | 36.8 | N/A | 0.8 | N/A | -85.3% |
United Arab Emirates | 45.7 | 61.5 | 42.0 | N/A | -4.1% |
Singapore | N/A | 35.8 | N/A | N/A | 0% |
Others | 17.9 | 0.2 | 33.6 | 2.4 | -48.8% |
Total | 715 | 853 | 326 | 468 | -13.2% |
Top Export Markets for Motor Vehicle Air Conditioning Machine from Hong Kong SAR in 2022:
- Germany (704.0 units)
- Taiwan (Chinese) (387.0 units)
- United States (227.0 units)
- China (170.0 units)
Imports of Motor Vehicle Air Conditioning Machine in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas purchases of air conditioning machines for motor vehicles, which decreased by -64.5% to 295 units in 2022. In general, imports showed a precipitous decrease. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, motor vehicle air conditioning machine imports shrank markedly to $95K in 2022. Overall, imports continue to indicate a precipitous contraction. Over the period under review, imports attained the maximum at $3.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Motor Vehicle Air Conditioning Machine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 284 | 197 | 198 | 51.6 | -43.4% |
Japan | 93.4 | 175 | 17.5 | 16.3 | -44.1% |
Germany | 5.8 | 3.9 | 4.3 | 9.9 | 19.5% |
South Korea | 10.0 | 10.9 | 14.9 | 9.9 | -0.3% |
Singapore | 2,710 | 518 | 1.7 | 7.2 | -86.1% |
Others | 45.9 | 15.1 | 26.2 | N/A | -24.4% |
Total | 3,149 | 920 | 263 | 95.0 | -68.9% |
Top Suppliers of Motor Vehicle Air Conditioning Machine to Hong Kong SAR in 2022:
- China (160.0 units)
- Japan (51.0 units)
- South Korea (31.0 units)
- Germany (31.0 units)
- Singapore (22.0 units)
This report provides an in-depth analysis of the market for motor vehicle air conditioning 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 28251240 - Air conditioning machines of a kind used in motor vehicles
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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