Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR - 2023

Contents:

1. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR (CIF) - 2022
2. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR (FOB) - 2022
3. Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR
4. Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR (CIF) - 2022

The average import price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers stood at $3,701 per unit in 2022, with an increase of 28% against the previous year. Overall, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the peak figure at $14,784 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($15,977 per unit), while the price for China stood at $3,204 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+338.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers amounted to $19,064 per unit, jumping by 54% against the previous year. Overall, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 827%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($55,934 per unit), while the average price for exports to Austria ($11 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 France (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR

Imports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers into Hong Kong SAR declined notably to 125 units in 2022, falling by -44.2% on the year before. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 433%. As a result, imports attained the peak of 224 units, and then fell dramatically in the following year.

In value terms, imports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers reduced markedly to $463K in 2022. Overall, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 324% against the previous year. As a result, imports attained the peak of $646K, and then fell markedly in the following year.

Top Suppliers of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer to Hong Kong SAR in 2022:

1. China (122.0 units)
2. Australia (2.0 units)

Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Hong Kong SAR

In 2022, approx. 56 units of trade, exhibition, library, personnel and other specialized trailers and semi-trailers were exported from Hong Kong SAR; with a decrease of -42.9% on the previous year. Overall, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.9% against the previous year. The exports peaked at 202 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers shrank to $1.1M in 2022. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 137%. As a result, the exports attained the peak of $1.2M, and then dropped in the following year.

Top Export Markets for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer from Hong Kong SAR in 2022:

1. France (17.0 units)
2. Tanzania (13.0 units)
3. Norway (11.0 units)
4. Mozambique (6.0 units)
5. Germany (3.0 units)
6. Philippines (3.0 units)
7. Austria (1.0 units)
8. Thailand (1.0 units)
9. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform