Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR - 2023

Contents:

  1. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (CIF) - 2022
  2. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (FOB) - 2022
  3. Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR
  4. Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (CIF) - 2022

The average import price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $308,926 per ton in 2022, rising by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2013 an increase of 4.6%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($510,452 per ton), while the price for the Philippines ($50,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (FOB) - 2022

The average export price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $352,036 per ton in 2022, with an increase of 6.1% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 surveying equipment; parts and accessories for articles of heading no. 9015 increased by +14.9% against 2020 indices. The growth pace was the most rapid in 2019 when the average export price increased by 18%. As a result, the export price reached the peak level of $366,644 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($460,736 per ton), while the average price for exports to the United States ($226,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR

After three years of growth, supplies from abroad of surveying equipment; parts and accessories for articles of heading no. 9015 decreased by -20.4% to 703 tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 94%.

In value terms, imports of surveying equipment; parts and accessories for articles of heading no. 9015 shrank to $214M in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 110% against the previous year.

Import of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China74.918820518936.1%
United States11.515.515.49.7-5.5%
Germany2.82.52.82.91.2%
Singapore2.22.16.51.1-20.6%
United Arab Emirates0.30.62.90.838.7%
Others18.022.516.89.8-18.3%
Total11023124921424.8%

Top Suppliers of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 to Hong Kong SAR in 2022:

  1. China (612.1 tons)
  2. United States (30.7 tons)
  3. Singapore (12.0 tons)
  4. Germany (11.8 tons)
  5. United Arab Emirates (5.3 tons)

Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in shipments abroad of surveying equipment; parts and accessories for articles of heading no. 9015, when their volume decreased by -47.8% to 329 tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, the exports reached the peak of 630 tons, and then fell markedly in the following year.

In value terms, exports of surveying equipment; parts and accessories for articles of heading no. 9015 shrank notably to $116M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, the exports attained the peak of $209M, and then contracted sharply in the following year.

Export of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.810115182.6-3.1%
Japan11.610.126.613.03.9%
United States3.92.25.66.216.7%
Switzerland0.61.45.53.376.5%
Germany0.91.37.33.252.6%
South Korea4.23.63.50.7-45.0%
Others5.63.99.16.65.6%
Total118124209116-0.6%

Top Export Markets for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 from Hong Kong SAR in 2022:

  1. China (221.0 tons)
  2. Japan (28.2 tons)
  3. United States (27.2 tons)
  4. Switzerland (14.1 tons)
  5. Germany (10.2 tons)
  6. South Korea (1.7 tons)

Source: IndexBox Market Intelligence Platform

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