Hong Kong SAR, China - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Window, Wall, or Split Air Conditioning System in Hong Kong SAR - 2023
Contents:
- Price for Window, Wall, or Split Air Conditioning System in Hong Kong SAR (CIF) - 2023
- Price for Window, Wall, or Split Air Conditioning System in Hong Kong SAR (FOB) - 2022
- Imports of Window, Wall, or Split Air Conditioning System in Hong Kong SAR
- Exports of Window, Wall, or Split Air Conditioning System in Hong Kong SAR
Price for Window, Wall, or Split Air Conditioning System in Hong Kong SAR (CIF) - 2023
The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $322 per unit in October 2023, picking up by 10% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 13% m-o-m. Over the period under review, average import prices reached the maximum in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Thailand ($519 per unit), while the price for Malaysia ($292 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Thailand (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Window, Wall, or Split Air Conditioning System in Hong Kong SAR (FOB) - 2022
The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $194 per unit in 2022, surging by 23% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($361 per unit), while the average price for exports to Slovakia ($92 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 the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Window, Wall, or Split Air Conditioning System in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of window or wall air conditioning systems, self-contained or split-systems, which decreased by -33.5% to 809K units in 2022. Overall, imports saw a significant decline. The smallest decline of -13% was in 2020. Over the period under review, imports of hit record highs at 1.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of window or wall air conditioning systems, self-contained or split-systems fell notably to $200M in 2022. In general, imports continue to indicate a abrupt setback. The smallest decline of -6.1% was in 2021. Imports peaked at $275M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Window, Wall, or Split Air Conditioning System in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 190 | 174 | 143 | 102 | -18.7% |
| Philippines | 27.7 | 26.6 | 37.6 | 41.5 | 14.4% |
| Malaysia | 30.3 | 31.6 | 34.1 | 33.7 | 3.6% |
| Thailand | 17.5 | 17.1 | 21.7 | 16.4 | -2.1% |
| Others | 10.2 | 8.1 | 5.6 | 6.1 | -15.7% |
| Total | 275 | 258 | 242 | 200 | -10.1% |
Top Suppliers of Window, Wall, or Split Air Conditioning System to Hong Kong SAR in 2022:
- China (484.5K units)
- Malaysia (122.4K units)
- Philippines (117.1K units)
- Thailand (64.0K units)
Exports of Window, Wall, or Split Air Conditioning System in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of window or wall air conditioning systems, self-contained or split-systems, which decreased by -71.6% to 158K units in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of -24.4% was in 2020. Over the period under review, the exports of reached the peak figure at 1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of window or wall air conditioning systems, self-contained or split-systems declined dramatically to $31M in 2022. In general, exports showed a dramatic shrinkage. The smallest decline of -13.5% was in 2020. Over the period under review, the exports of attained the maximum at $142M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Window, Wall, or Split Air Conditioning System in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 11.5 | 12.5 | 8.9 | 7.5 | -13.3% |
| United States | 66.6 | 22.3 | 28.6 | 7.2 | -52.4% |
| Japan | 2.4 | 7.0 | 13.8 | 3.4 | 12.3% |
| China | 2.0 | 1.3 | 2.0 | 2.3 | 4.8% |
| United Kingdom | 3.5 | 4.1 | 3.1 | 2.2 | -14.3% |
| Mexico | 0.1 | N/A | 0.5 | 1.4 | 141.0% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.5 | 1.3 | 63.0% |
| Canada | 4.4 | 2.6 | 1.4 | 0.9 | -41.1% |
| France | 13.5 | 23.8 | 8.8 | 0.9 | -59.5% |
| Germany | 7.9 | 12.2 | 6.0 | 0.9 | -51.5% |
| Spain | 4.4 | 6.0 | 2.6 | 0.5 | -51.6% |
| Australia | 0.6 | 1.9 | 0.7 | 0.4 | -12.6% |
| Slovakia | 1.6 | 0.5 | 0.9 | 0.3 | -42.8% |
| Others | 23.6 | 28.7 | 10.2 | 1.5 | -60.1% |
| Total | 142 | 123 | 87.8 | 30.7 | -40.0% |
Top Export Markets for Window, Wall, or Split Air Conditioning System from Hong Kong SAR in 2022:
- United States (44.5K units)
- Japan (22.1K units)
- Macao SAR (20.8K units)
- United Kingdom (13.3K units)
- China (10.6K units)
- Mexico (8.5K units)
- Germany (6.4K units)
- Canada (6.0K units)
- France (5.2K units)
- Taiwan (Chinese) (5.1K units)
- Spain (3.3K units)
- Australia (3.0K units)
- Slovakia (2.8K units)
This report provides an in-depth analysis of the market for window, wall, or split air conditioning system 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems
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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In July 2022, imports of Window Air Conditioning Systems peaked at 95K units. However, from August 2022 to June 2023, imports stayed at a lower figure. In terms of value, the imports of Window Air Conditioning Systems, whether self-contained or split-systems, soared to $21M in June 2023.
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Explore the top-10 countries by import value of window, wall, or split air conditioning systems in 2023. Learn about key markets and opportunities for manufacturers and exporters.
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