Hong Kong SAR, China - Non-Domestic Percolators and Equipment For Cooking Or Heating Food - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR - 2023
Contents:
- Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (CIF) - 2023
- Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (FOB) - 2022
- Imports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR
- Exports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR
Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (CIF) - 2023
The average import price for non-domestic percolators and equipment for cooking or heating food stood at $340 per unit in October 2023, surging by 17% against the previous month. Overall, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in January 2023 an increase of 80% against the previous month. As a result, import price reached the peak level of $1,570 per unit. From February 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($10,521 per unit), while the price for China ($108 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (FOB) - 2022
The average export price for non-domestic percolators and equipment for cooking or heating food stood at $408 per unit in 2022, with a decrease of -10.8% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food decreased by -16.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $486 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($1,010 per unit), while the average price for exports to Australia ($84 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR
Imports of non-domestic percolators and equipment for cooking or heating food into Hong Kong SAR declined to 57K units in 2022, approximately mirroring the previous year. Over the period under review, imports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of hit record highs at 67K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of non-domestic percolators and equipment for cooking or heating food totaled $45M in 2022. Overall, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. Imports peaked at $50M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.5 | 9.7 | 12.0 | 12.4 | -0.3% |
Italy | 6.6 | 5.8 | 7.4 | 6.7 | 0.5% |
United States | 6.4 | 3.9 | 4.6 | 6.0 | -2.1% |
Germany | 7.3 | 4.3 | 4.4 | 4.4 | -15.5% |
Taiwan (Chinese) | 2.4 | 2.1 | 2.7 | 2.4 | 0.0% |
Australia | 1.9 | 1.4 | 1.8 | 2.1 | 3.4% |
Japan | 2.2 | 3.8 | 1.9 | 1.8 | -6.5% |
United Kingdom | 0.6 | 0.3 | 0.4 | 1.6 | 38.7% |
Others | 10.1 | 5.6 | 7.2 | 7.4 | -9.8% |
Total | 49.9 | 36.9 | 42.4 | 44.9 | -3.5% |
Top Suppliers of Non-Domestic Percolators and Equipment for Cooking or Heating Food to Hong Kong SAR in 2022:
- China (32.3K units)
- Taiwan (Chinese) (6.6K units)
- Australia (4.2K units)
- United States (3.5K units)
- Italy (3.5K units)
- Japan (1.4K units)
- United Kingdom (1.2K units)
- Germany (1.1K units)
Exports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in shipments abroad of non-domestic percolators and equipment for cooking or heating food, when their volume increased by 9% to 18K units. In general, exports, however, recorded a deep reduction. Over the period under review, the exports of reached the peak figure at 32K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of non-domestic percolators and equipment for cooking or heating food contracted modestly to $7.3M in 2022. Over the period under review, exports, however, recorded a dramatic setback. Over the period under review, the exports of attained the peak figure at $14M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Non-Domestic Percolators and Equipment for Cooking or Heating Food in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,746 | 3,270 | 3,096 | 2,403 | -13.8% |
Macao SAR | 5,270 | 3,395 | 2,032 | 1,197 | -39.0% |
Taiwan (Chinese) | 125 | 73.7 | 69.7 | 641 | 72.4% |
Singapore | 574 | 186 | 279 | 407 | -10.8% |
Japan | 487 | 159 | 162 | 345 | -10.9% |
Vietnam | 225 | 20.7 | 61.9 | 271 | 6.4% |
Germany | 140 | 91.0 | 222 | 264 | 23.5% |
Malaysia | 119 | 114 | 205 | 208 | 20.5% |
United Kingdom | 61.6 | 193 | 40.9 | 196 | 47.1% |
United States | 642 | 330 | 409 | 148 | -38.7% |
France | 79.2 | 42.6 | 44.2 | 111 | 11.9% |
Australia | 96.9 | 68.8 | 41.2 | 33.9 | -29.5% |
Saudi Arabia | 628 | 112 | 39.9 | 26.5 | -65.2% |
Others | 2,085 | 856 | 757 | 1,002 | -21.7% |
Total | 14,278 | 8,912 | 7,461 | 7,253 | -20.2% |
Top Export Markets for Non-Domestic Percolators and Equipment for Cooking or Heating Food from Hong Kong SAR in 2022:
- China (4.5K units)
- Germany (2.6K units)
- Macao SAR (2.0K units)
- United Kingdom (1.6K units)
- Taiwan (Chinese) (1.3K units)
- United States (1.2K units)
- Japan (0.8K units)
- Singapore (0.6K units)
- France (0.5K units)
- Australia (0.4K units)
- Malaysia (0.3K units)
- Vietnam (0.3K units)
- Saudi Arabia (0.2K units)
This report provides an in-depth analysis of the market for non-domestic percolators and equipment for cooking or heating food 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 28931560 - Non-domestic percolators and other appliances for making coffee and other hot drinks
- Prodcom 28931580 - Non-domestic equipment for cooking or heating food (excluding non-electric tunnel ovens, non-electric bakery ovens, non-electric percolators)
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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