Rangefinders Price in Hong Kong SAR - 2023
Contents:
- Rangefinders Price in Hong Kong SAR (FOB) - 2023
- Rangefinders Price in Hong Kong SAR (CIF) - 2023
- Rangefinders Exports in Hong Kong SAR
- Rangefinders Imports in Hong Kong SAR
Rangefinders Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average rangefinders export price amounted to $10.6 per unit, increasing by 312% against the previous month. Overall, the export price saw a prominent increase. Over the period under review, the average export prices attained the maximum at $28.9 per unit in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($9.0 per unit), while the average price for exports to China stood at $3.0 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%).
Rangefinders Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average rangefinders import price amounted to $10.4 per unit, increasing by 92% against the previous month. Over the period under review, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 850% month-to-month. As a result, import price reached the peak level of $56.7 per unit. From January 2023 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +5.1% per month.
Rangefinders Exports in Hong Kong SAR
Rangefinders exports from Hong Kong SAR dropped notably to 478K units in 2022, with a decrease of -50.4% on the previous year. Overall, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 38%. The exports peaked at 1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, rangefinders exports contracted remarkably to $31M in 2022. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the exports reached the peak figure at $70M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Rangefinders in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.5 | 8.3 | 11.3 | 9.5 | -11.1% |
| China | 15.5 | 11.6 | 16.1 | 6.6 | -24.8% |
| South Korea | 1.6 | 1.1 | 6.1 | 5.9 | 54.5% |
| United States | 33.3 | 20.5 | 20.2 | 5.3 | -45.8% |
| Netherlands | 0.7 | 0.3 | 0.4 | 0.5 | -10.6% |
| Others | 5.0 | 3.8 | 4.8 | 2.7 | -18.6% |
| Total | 69.7 | 45.6 | 58.9 | 30.5 | -24.1% |
Top Export Markets for Rangefinders from Hong Kong SAR in 2022:
- Japan (179.1K units)
- China (124.0K units)
- United States (100.3K units)
- South Korea (40.7K units)
- Netherlands (10.1K units)
Rangefinders Imports in Hong Kong SAR
In 2022, approx. 184K units of rangefinderses were imported into Hong Kong SAR; falling by -38.9% against the previous year. Overall, imports showed a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked at 402K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, rangefinders imports contracted dramatically to $26M in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the maximum at $39M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Rangefinders in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.9 | 18.7 | 32.6 | 23.1 | -7.2% |
| United States | 6.5 | 3.9 | 1.4 | 0.9 | -48.3% |
| Philippines | 0.1 | N/A | N/A | 0.8 | 100.0% |
| Japan | 1.8 | 0.9 | 0.5 | 0.1 | -61.8% |
| Others | 1.5 | 0.5 | 0.7 | 1.0 | -12.6% |
| Total | 38.9 | 24.0 | 35.2 | 26.0 | -12.6% |
Top Suppliers of Rangefinders to Hong Kong SAR in 2022:
- China (164.8K units)
- United States (6.5K units)
- Philippines (5.8K units)
- Japan (0.9K units)
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