Hong Kong SAR, China - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Domestic Heat Exchange Unit in Hong Kong SAR - 2023

Contents:

  1. Price for Non-Domestic Heat Exchange Unit in Hong Kong SAR (CIF) - 2022
  2. Price for Non-Domestic Heat Exchange Unit in Hong Kong SAR (FOB) - 2022
  3. Imports of Non-Domestic Heat Exchange Unit in Hong Kong SAR
  4. Exports of Non-Domestic Heat Exchange Unit in Hong Kong SAR

Price for Non-Domestic Heat Exchange Unit in Hong Kong SAR (CIF) - 2022

In 2022, the average non-domestic heat exchange unit import price amounted to $427 per unit, increasing by 4.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 9.5% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($427 per unit) and the United States ($427 per unit), while the price for Germany ($427 per unit) and Singapore ($427 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.

Price for Non-Domestic Heat Exchange Unit in Hong Kong SAR (FOB) - 2022

In 2022, the average non-domestic heat exchange unit export price amounted to $436 per unit, declining by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 8.6%. Over the period under review, the average export prices hit record highs at $446 per unit in 2021, and then contracted modestly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($436 per unit) and Germany ($436 per unit), while the average price for exports to Vietnam ($435 per unit) and Taiwan (Chinese) ($436 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 the Philippines (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Heat Exchange Unit in Hong Kong SAR

In 2022, approx. 73K units of non-domestic heat exchange units were imported into Hong Kong SAR; waning by -13.8% against 2021. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Over the period under review, imports attained the peak figure at 91K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-domestic heat exchange unit imports dropped to $31M in 2022. Over the period under review, imports continue to indicate a slight decline. The growth pace was the most rapid in 2021 when imports increased by 89%. As a result, imports attained the peak of $34M, and then reduced in the following year.

Import of Non-Domestic Heat Exchange Unit in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.89.119.414.413.7%
United States1.42.26.78.783.9%
China18.14.15.74.9-35.3%
SingaporeN/A1.00.81.29.5%
Japan0.70.60.40.4-17.0%
United Kingdom0.80.40.30.3-27.9%
Others1.70.81.11.2-11.0%
Total32.718.234.431.1-1.7%

Top Suppliers of Non-Domestic Heat Exchange Unit to Hong Kong SAR in 2022:

  1. Germany (33.8K units)
  2. United States (20.3K units)
  3. China (11.5K units)
  4. Singapore (2.8K units)
  5. Japan (0.9K units)
  6. United Kingdom (0.7K units)

Exports of Non-Domestic Heat Exchange Unit in Hong Kong SAR

In 2022, approx. 67K units of non-domestic heat exchange units were exported from Hong Kong SAR; picking up by 57% compared with the year before. Overall, exports recorded a modest increase. The growth pace was the most rapid in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, non-domestic heat exchange unit exports skyrocketed to $29M in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Non-Domestic Heat Exchange Unit in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.23.43.010.914.8%
China2.21.16.19.663.4%
Taiwan (Chinese)6.61.93.34.8-10.1%
United States0.20.10.61.7104.1%
Philippines0.20.20.70.535.7%
Vietnam0.20.6N/A0.535.7%
Qatar1.00.2N/A0.2-41.5%
Singapore4.21.64.00.2-63.8%
France0.80.50.20.2-37.0%
Ethiopia1.20.10.5N/A-35.5%
Others0.40.50.70.720.5%
Total24.310.119.229.46.6%

Top Export Markets for Non-Domestic Heat Exchange Unit from Hong Kong SAR in 2022:

  1. Germany (25.1K units)
  2. China (22.0K units)
  3. Taiwan (Chinese) (11.0K units)
  4. United States (3.8K units)
  5. Philippines (1.3K units)
  6. Vietnam (1.2K units)
  7. Qatar (0.6K units)
  8. Singapore (0.5K units)
  9. France (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-domestic heat exchange unit 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 28251130 - Heat exchange units

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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