Hong Kong SAR, China - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR - 2023
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (CIF) - 2023
- Price for Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (FOB) - 2022
- Imports of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR
- Exports of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR
Price for Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (CIF) - 2023
In October 2023, the average import price for side cars and cycles with non-combustion motors amounted to $1,256 per unit, declining by -1.8% against the previous month. In general, the import price, however, posted a significant increase. The pace of growth was the most pronounced in January 2023 when the average import price increased by 205% against the previous month. The import price peaked at $1,279 per unit in August 2023; afterwards, it flattened through to October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,279 per unit), while the price for China ($1,253 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 China (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (FOB) - 2022
The average export price for side cars and cycles with non-combustion motors stood at $207 per unit in 2022, falling by -17.5% against the previous year. Over the period under review, the export price showed a deep contraction. The growth pace was the most rapid in 2019 an increase of 22% against the previous year. The export price peaked at $459 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($330 per unit), while the average price for exports to China ($118 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 the United Arab Emirates (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR
In 2022, overseas purchases of side cars and cycles with non-combustion motors decreased by -77.4% to 138K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 707K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of side cars and cycles with non-combustion motors shrank dramatically to $22M in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -11.6% was in 2020. Over the period under review, imports of hit record highs at $246M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 242 | 215 | 112 | 20.7 | -55.9% |
| Others | 3.5 | 2.1 | 1.2 | 1.6 | -23.0% |
| Total | 246 | 217 | 113 | 22.3 | -55.1% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to Hong Kong SAR in 2022:
- China (136.5K units)
Exports of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of side cars and cycles with non-combustion motors, which decreased by -75.8% to 82K units in 2022. Overall, exports showed a sharp slump. The smallest decline of -8.5% was in 2020. The exports peaked at 886K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of side cars and cycles with non-combustion motors reduced remarkably to $17M in 2022. In general, exports recorded a sharp shrinkage. The smallest decline of -6% was in 2020. Over the period under review, the exports of hit record highs at $198M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Side Car and Cycle with Non-Combustion Motor in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.0 | 17.4 | 5.3 | 2.7 | -30.4% |
| China | 3.7 | 2.9 | 1.4 | 2.3 | -14.7% |
| United States | 9.8 | 5.9 | 3.9 | 1.7 | -44.2% |
| Germany | 7.5 | 2.3 | 3.9 | 1.5 | -41.5% |
| Sweden | 0.7 | 7.2 | 19.7 | 1.4 | 26.0% |
| Turkey | 0.4 | 3.9 | 4.5 | 0.8 | 26.0% |
| Australia | 1.2 | 1.0 | 1.3 | 0.8 | -12.6% |
| Greece | 3.6 | 0.3 | 2.9 | 0.8 | -39.4% |
| Egypt | N/A | N/A | 0.9 | 0.6 | -33.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
| Israel | 2.1 | 0.9 | 0.9 | 0.5 | -38.0% |
| Portugal | 0.4 | 1.1 | N/A | 0.4 | 0.0% |
| United Kingdom | 17.5 | 33.1 | 3.0 | 0.3 | -74.2% |
| Others | 143 | 110 | 37.4 | 2.6 | -73.7% |
| Total | 198 | 186 | 85.1 | 17.0 | -55.9% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from Hong Kong SAR in 2022:
- China (19.6K units)
- United States (10.3K units)
- Netherlands (9.0K units)
- Sweden (5.4K units)
- Germany (5.4K units)
- Turkey (4.6K units)
- Greece (4.0K units)
- Australia (3.5K units)
- United Arab Emirates (2.6K units)
- Israel (2.4K units)
- Egypt (2.1K units)
- United Kingdom (1.3K units)
- Portugal (1.2K units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
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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