Price for Tools, Hand; Chain Saw Blades in Hong Kong SAR - 2023

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in Hong Kong SAR (CIF) - 2022
  2. Price for Tools, Hand; Chain Saw Blades in Hong Kong SAR (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in Hong Kong SAR
  4. Exports of Tools, Hand; Chain Saw Blades in Hong Kong SAR

Price for Tools, Hand; Chain Saw Blades in Hong Kong SAR (CIF) - 2022

The average import price for tools, hand; chain saw bladeses stood at $24,141 per ton in 2022, which is down by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 4.1%. Over the period under review, average import prices attained the maximum at $24,802 per ton in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($24,141 per ton), while the price for Singapore ($24,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Chain Saw Blades in Hong Kong SAR (FOB) - 2022

The average export price for tools, hand; chain saw bladeses stood at $26,257 per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. As a result, the export price attained the peak level of $28,694 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +11.6% per year.

Imports of Tools, Hand; Chain Saw Blades in Hong Kong SAR

In 2022, the amount of tools, hand; chain saw bladeses imported into Hong Kong SAR soared to 114 tons, rising by 33% against the previous year. In general, imports, however, saw a abrupt downturn.

In value terms, tools, hand; chain saw blades imports skyrocketed to $2.8M in 2022. Overall, imports, however, recorded a drastic downturn.

Import of Tools, Hand; Chain Saw Blades in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore3,5721,6561,8562,251-14.3%
United States19215418031618.1%
China31570.121.6167-19.1%
Others70.275.164.319.5-34.8%
Total4,1501,9552,1212,754-12.8%

Top Suppliers of Tools, Hand; Chain Saw Blades to Hong Kong SAR in 2022:

  1. Singapore (93.3 tons)
  2. United States (13.1 tons)
  3. China (6.9 tons)

Exports of Tools, Hand; Chain Saw Blades in Hong Kong SAR

Tools, hand; chain saw blades exports from Hong Kong SAR soared to 107 tons in 2022, growing by 41% against the year before. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 11,435% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, tools, hand; chain saw blades exports soared to $2.8M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 12,080% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Tools, Hand; Chain Saw Blades in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.6N/A2.02.820.5%
OthersN/AN/AN/AN/A0%
Total1.6N/A2.02.820.5%

Top Export Markets for Tools, Hand; Chain Saw Blades from Hong Kong SAR in 2022:

  1. China (107.2 tons)

Source: IndexBox Market Intelligence Platform

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