Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR - 2023
Contents:
- Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (FOB) - 2022
- Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (CIF) - 2023
- Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR
- Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR
Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (FOB) - 2022
The average export price for saws for working in the hand, with self-contained electric motor stood at $119 per unit in 2022, growing by 159% against the previous year. Over the period under review, the export price showed a pronounced increase. The export price peaked at $200 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($332 per unit), while the average price for exports to Slovenia ($47 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 (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (CIF) - 2023
The average import price for saws for working in the hand, with self-contained electric motor stood at $113 per unit in November 2023, with an increase of 54% against the previous month. Over the period under review, import price indicated a pronounced increase from December 2022 to November 2023: its price increased at an average monthly rate of +2.9% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for saws for working in the hand, with self-contained electric motor increased by +53.6% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 98% m-o-m. As a result, import price reached the peak level of $153 per unit. From March 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Singapore ($283 per unit), while the price for Malaysia ($35.0 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR
In 2022, exports of saws for working in the hand, with self-contained electric motor from Hong Kong SAR shrank significantly to 42K units, with a decrease of -74.1% compared with the previous year's figure. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 336%. As a result, the exports reached the peak of 162K units, and then shrank markedly in the following year.
In value terms, exports of saws for working in the hand, with self-contained electric motor dropped rapidly to $5M in 2022. In general, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 184%. As a result, the exports reached the peak of $7.4M, and then contracted markedly in the following year.
| Export of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,234 | 356 | 2,020 | 2,469 | -8.6% |
| Mexico | 114 | 945 | 3,362 | 629 | 76.7% |
| Germany | 1,216 | 509 | 902 | 392 | -31.4% |
| Australia | 44.8 | 119 | 78.8 | 233 | 73.3% |
| China | 138 | 116 | 125 | 183 | 9.9% |
| South Africa | 66.0 | 47.1 | 97.2 | 179 | 39.5% |
| Israel | 59.0 | 169 | 352 | 162 | 40.0% |
| Netherlands | N/A | N/A | 23.2 | 85.4 | 268.1% |
| Slovenia | N/A | N/A | N/A | 79.5 | 0% |
| Others | 242 | 348 | 440 | 551 | 31.6% |
| Total | 5,115 | 2,610 | 7,399 | 4,963 | -1.0% |
Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from Hong Kong SAR in 2022:
- United States (25.4K units)
- Mexico (4.5K units)
- Australia (1.8K units)
- Slovenia (1.7K units)
- Netherlands (1.4K units)
- Germany (1.2K units)
- Israel (1.1K units)
- China (1.0K units)
- South Africa (0.9K units)
Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in purchases abroad of saws for working in the hand, with self-contained electric motor, when their volume decreased by -25.1% to 75K units. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 163%. As a result, imports attained the peak of 100K units, and then shrank dramatically in the following year.
In value terms, imports of saws for working in the hand, with self-contained electric motor surged to $4.6M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Saws for Working in the Hand, with Self-Contained Electric Motor in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,718 | 1,494 | 2,693 | 3,829 | 30.6% |
| United States | 95.8 | 323 | 316 | 251 | 37.9% |
| Belgium | 104 | 93.7 | 192 | 157 | 14.7% |
| Singapore | 232 | 176 | 273 | 88.9 | -27.4% |
| Others | 215 | 226 | 245 | 230 | 2.3% |
| Total | 2,365 | 2,313 | 3,720 | 4,556 | 24.4% |
Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to Hong Kong SAR in 2022:
- China (65.9K units)
- Belgium (3.8K units)
- United States (3.6K units)
- Singapore (0.4K units)
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