Hong Kong SAR, China - Self-Propelled Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Rock Cutter Price in Hong Kong SAR - 2023
Contents:
- Self-Propelled Rock Cutter Price in Hong Kong SAR (CIF) - 2022
- Self-Propelled Rock Cutter Price in Hong Kong SAR (FOB) - 2022
- Self-Propelled Rock Cutter Imports in Hong Kong SAR
- Self-Propelled Rock Cutter Exports in Hong Kong SAR
Self-Propelled Rock Cutter Price in Hong Kong SAR (CIF) - 2022
The average self-propelled rock cutter import price stood at $287,231 per unit in 2022, surging by 28% against the previous year. In general, the import price showed a strong increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 79%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 China ($6,042,143 per unit), while the price for Germany ($177,392 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Self-Propelled Rock Cutter Price in Hong Kong SAR (FOB) - 2022
In 2022, the average self-propelled rock cutter export price amounted to $567,621 per unit, surging by 13% against the previous year. Overall, the export price showed a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 132% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,738,572 per unit), while the average price for exports to Chile ($379,608 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 (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Rock Cutter Imports in Hong Kong SAR
In 2022, approx. 16 units of self-propelled coal or rock cutters and tunnelling machinery were imported into Hong Kong SAR; picking up by 220% compared with 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,233%. As a result, imports reached the peak of 40 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, self-propelled rock cutter imports skyrocketed to $4.5M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,469% against the previous year. As a result, imports attained the peak of $8M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Self-Propelled Rock Cutter in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 221 | 3,246 | 567 | 2,097 | 111.7% |
| United States | 98.8 | 997 | 208 | 919 | 110.3% |
| Sweden | 95.5 | 843 | 154 | 593 | 83.8% |
| China | 2.7 | 2,357 | 10.4 | 520 | 477.5% |
| Others | 93.1 | 568 | 85.0 | 389 | 61.1% |
| Total | 511 | 8,011 | 1,024 | 4,518 | 106.8% |
Top Suppliers of Self-Propelled Rock Cutter to Hong Kong SAR in 2022:
- Germany (12.0 units)
- Sweden (2.0 units)
Self-Propelled Rock Cutter Exports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in overseas shipments of self-propelled coal or rock cutters and tunnelling machinery, when their volume increased by 100% to 2 units. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports attained the maximum at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, self-propelled rock cutter exports soared to $895K in 2022. In general, exports, however, continue to indicate a deep downturn. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Self-Propelled Rock Cutter in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 306 | 409 | 237 | 332 | 2.8% |
| China | 751 | 137 | 186 | 256 | -30.1% |
| France | 298 | 397 | 193 | 226 | -8.8% |
| India | 134 | 69.8 | 67.1 | 78.7 | -16.3% |
| Others | 6.2 | 90.5 | 3.3 | 2.4 | -27.1% |
| Total | 1,495 | 1,104 | 686 | 895 | -15.7% |
Top Export Markets for Self-Propelled Rock Cutter from Hong Kong SAR in 2022:
- Chile (1.0 units)
This report provides an in-depth analysis of the self-propelled rock cutter market 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery
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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