Hong Kong SAR, China - Snow-Ploughs And Snow-Blowers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Snow Ploughs and Blowers in Hong Kong SAR - 2023
Contents:
- Price for Snow Ploughs and Blowers in Hong Kong SAR (FOB) - 2022
- Price for Snow Ploughs and Blowers in Hong Kong SAR (CIF) - 2022
- Exports of Snow Ploughs and Blowers in Hong Kong SAR
- Imports of Snow Ploughs and Blowers in Hong Kong SAR
Price for Snow Ploughs and Blowers in Hong Kong SAR (FOB) - 2022
The average snow ploughs and blowers export price stood at $396 per unit in 2022, declining by -25% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 361% against the previous year. As a result, the export price attained the peak level of $970 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.8% per year.
Price for Snow Ploughs and Blowers in Hong Kong SAR (CIF) - 2022
In 2022, the average snow ploughs and blowers import price amounted to $2,778 per unit, which is down by -22.3% against the previous year. In general, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 an increase of 3,557% against the previous year. Over the period under review, average import prices attained the peak figure at $4,304 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,813 per unit), while the price for China ($84 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Snow Ploughs and Blowers in Hong Kong SAR
In 2022, approx. 1 units of snow-ploughs and snow-blowers were exported from Hong Kong SAR; with a decrease of -97.3% on the previous year's figure. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 147%. Over the period under review, the exports attained the maximum at 53 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, snow ploughs and blowers exports reduced sharply to $396 in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 227% against the previous year. As a result, the exports reached the peak of $20K, and then shrank notably in the following year.
| Export of Snow Ploughs and Blowers in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 1.0 | 7.1 | 0.4 | -40.5% |
| Norway | 5.4 | 1.7 | 3.0 | N/A | -25.5% |
| Sweden | 0.8 | 0.5 | 3.6 | N/A | 112.1% |
| India | 1.2 | N/A | N/A | N/A | 0% |
| Indonesia | 0.5 | 0.1 | 0.1 | N/A | -55.3% |
| Netherlands | 3.0 | 0.3 | 0.2 | N/A | -74.2% |
| Canada | 0.6 | 0.8 | 0.6 | N/A | 0.0% |
| Others | 2.2 | 1.5 | 4.9 | N/A | 49.2% |
| Total | 15.6 | 6.0 | 19.5 | 0.4 | -70.5% |
Top Export Markets for Snow Ploughs and Blowers from Hong Kong SAR in 2022:
- United States (1.0 units)
Imports of Snow Ploughs and Blowers in Hong Kong SAR
In 2022, approx. 25 units of snow-ploughs and snow-blowers were imported into Hong Kong SAR; picking up by 14% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 75%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, snow ploughs and blowers imports shrank to $69K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 512%. Over the period under review, imports attained the peak figure at $79K in 2021, and then dropped in the following year.
| Import of Snow Ploughs and Blowers in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 48.9 | 75.3 | 57.8 | 129.2% |
| Norway | N/A | N/A | 1.2 | 5.1 | 325.0% |
| United Kingdom | 2.4 | 1.2 | 1.7 | 4.8 | 26.0% |
| Austria | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| China | 2.3 | 0.1 | 0.2 | 0.1 | -64.8% |
| Others | N/A | 9.8 | N/A | 1.3 | -63.6% |
| Total | 9.8 | 60.3 | 78.7 | 69.5 | 92.1% |
Top Suppliers of Snow Ploughs and Blowers to Hong Kong SAR in 2022:
- United States (12.0 units)
- Norway (9.0 units)
- United Kingdom (1.0 units)
- Austria (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the market for snow ploughs and blowers 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 28923030 - Snow-ploughs and snow-blowers
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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