Price for Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR - 2023

Contents:

  1. Price for Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (CIF) - 2023
  2. Price for Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (FOB) - 2023
  3. Imports of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR
  4. Exports of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR

Price for Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (CIF) - 2023

The average import price for surveying equipment; theodolites and tacheometerses stood at $17,536 per unit in June 2023, with an increase of 98% against the previous month. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 714% month-to-month. As a result, import price reached the peak level of $20,799 per unit; afterwards, it flattened through to June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($22,886 per unit), while the price for China ($2,239 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (FOB) - 2023

In June 2023, the average export price for surveying equipment; theodolites and tacheometerses amounted to $3,841 per unit, increasing by 218% against the previous month. Overall, the export price enjoyed a perceptible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($6,664 per unit), while the average price for exports to France ($354 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR

Surveying equipment; theodolites and tacheometers imports into Hong Kong SAR soared to 1.5K units in 2022, rising by 47% compared with the previous year. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, surveying equipment; theodolites and tacheometers imports soared to $5.8M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore9911,3501,3001,81222.3%
Switzerland9831,5029371,54616.3%
China9801,3587551,39712.5%
United States49.527.1679947167.5%
United Kingdom58.19.866.793.017.0%
Others63531.037.724.8-66.1%
Total3,6974,2783,7765,81916.3%

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to Hong Kong SAR in 2022:

  1. China (948.0 units)
  2. United States (328.0 units)
  3. Singapore (148.0 units)
  4. Switzerland (45.0 units)
  5. United Kingdom (24.0 units)

Exports of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR

In 2022, the amount of surveying equipment; theodolites and tacheometerses exported from Hong Kong SAR declined remarkably to 426 units, dropping by -22.8% on the previous year's figure. In general, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of 552 units, and then dropped significantly in the following year.

In value terms, surveying equipment; theodolites and tacheometers exports surged to $681K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $930K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Surveying Equipment; Theodolites and Tacheometers in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12356528.828131.7%
Japan19690.843.1131-12.6%
Taiwan (Chinese)29.999.286.011958.5%
Ecuador1.30.830.742.6220.0%
Switzerland10.067.424.141.160.2%
France3.22.023.132.0115.4%
United States40.77.213.024.6-15.5%
IndonesiaN/AN/A15.3N/A0%
El SalvadorN/AN/A27.1N/A0%
RomaniaN/A20.9N/AN/A0%
Others10976.92989.4-55.8%
Total5139305896819.9%

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from Hong Kong SAR in 2022:

  1. Ecuador (105.0 units)
  2. Japan (91.0 units)
  3. Taiwan (Chinese) (68.0 units)
  4. United States (53.0 units)
  5. France (47.0 units)
  6. China (46.0 units)
  7. Switzerland (7.0 units)

Source: IndexBox Market Intelligence Platform

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