Hong Kong SAR, China - Turbo-Jets Of A Thrust Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Turbo-Jet (over 25 kN) in Hong Kong SAR - 2023
Contents:
- Price for Turbo-Jet (over 25 kN) in Hong Kong SAR (CIF) - 2022
- Price for Turbo-Jet (over 25 kN) in Hong Kong SAR (FOB) - 2022
- Imports of Turbo-Jet (over 25 kN) in Hong Kong SAR
- Exports of Turbo-Jet (over 25 kN) in Hong Kong SAR
Price for Turbo-Jet (over 25 kN) in Hong Kong SAR (CIF) - 2022
The average turbo-jet (over 25 kN) import price stood at $11,498,660 per unit in 2022, increasing by 3.5% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turbo-jet (over 25 kN) import price increased by +131.2% against 2012 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 Taiwan (Chinese) ($17,620,979 per unit), while the price for Qatar ($986,144 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jet (over 25 kN) in Hong Kong SAR (FOB) - 2022
In 2022, the average turbo-jet (over 25 kN) export price amounted to $12,077,344 per unit, picking up by 2.2% against the previous year. In general, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($16,839,691 per unit), while the average price for exports to the United States ($4,456,277 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 China (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jet (over 25 kN) in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in overseas purchases of turbo-jets of a thrust exceeding 25 kN, which increased by 0.9% to 694 units in 2022. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 21%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, turbo-jet (over 25 kN) imports totaled $8B in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Turbo-Jet (over 25 kN) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,429 | 2,500 | 3,837 | 3,544 | 13.4% |
| Singapore | 286 | 1,212 | 719 | 840 | 43.2% |
| Taiwan (Chinese) | 210 | 174 | 737 | 722 | 50.9% |
| Japan | 260 | 169 | 143 | 518 | 25.8% |
| Luxembourg | 131 | 92.3 | 344 | 369 | 41.2% |
| United States | 492 | 409 | 287 | 255 | -19.7% |
| South Korea | 75.9 | 125 | 174 | 251 | 49.0% |
| Philippines | 110 | 6.7 | 35.9 | 144 | 9.4% |
| Turkey | 46.9 | 34.3 | 68.0 | 130 | 40.5% |
| Saudi Arabia | 169 | 101 | 52.5 | 121 | -10.5% |
| United Kingdom | 285 | 392 | 96.1 | 76.3 | -35.5% |
| Qatar | 1.0 | 167 | 104 | 60.2 | 291.9% |
| Others | 814 | 1,275 | 1,049 | 945 | 5.1% |
| Total | 5,311 | 6,656 | 7,647 | 7,976 | 14.5% |
Top Suppliers of Turbo-Jet (over 25 kN) to Hong Kong SAR in 2022:
- China (282.0 units)
- Qatar (61.0 units)
- Japan (59.0 units)
- Singapore (55.0 units)
- Taiwan (Chinese) (41.0 units)
- United States (31.0 units)
- Luxembourg (28.0 units)
- Saudi Arabia (18.0 units)
- South Korea (17.0 units)
- Turkey (14.0 units)
- Philippines (13.0 units)
- United Kingdom (5.0 units)
Exports of Turbo-Jet (over 25 kN) in Hong Kong SAR
In 2022, the amount of turbo-jets of a thrust exceeding 25 kN exported from Hong Kong SAR rose slightly to 674 units, picking up by 4.3% against 2021. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, turbo-jet (over 25 kN) exports rose sharply to $8.1B in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Turbo-Jet (over 25 kN) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,461 | 2,992 | 5,245 | 4,472 | 22.0% |
| Singapore | 318 | 647 | 281 | 690 | 29.5% |
| Taiwan (Chinese) | 136 | 233 | 421 | 511 | 55.5% |
| Japan | 247 | 123 | 84.5 | 344 | 11.7% |
| Turkey | 110 | 66.6 | 87.3 | 293 | 38.6% |
| Qatar | 72.2 | 471 | 245 | 245 | 50.3% |
| United States | 465 | 265 | 90.3 | 183 | -26.7% |
| Saudi Arabia | 348 | 40.4 | 20.1 | 35.6 | -53.2% |
| Others | 1,887 | 1,638 | 1,159 | 1,367 | -10.2% |
| Total | 6,044 | 6,475 | 7,632 | 8,140 | 10.4% |
Top Export Markets for Turbo-Jet (over 25 kN) from Hong Kong SAR in 2022:
- China (349.0 units)
- Japan (47.0 units)
- Singapore (41.0 units)
- United States (41.0 units)
- Taiwan (Chinese) (38.0 units)
- Qatar (31.0 units)
- Turkey (20.0 units)
- Saudi Arabia (8.0 units)
This report provides an in-depth analysis of the market for turbo-jet (over 25 kn) 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 30301200 - Turbo-jets and turbo-propellers, for civil use
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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