Hong Kong SAR, China - Motor Vehicles For Travelling On Snow Or Golf Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSnow Motor Vehicle Price in Hong Kong SAR - 2023
Contents:
- Snow Motor Vehicle Price in Hong Kong SAR (CIF) - 2022
- Snow Motor Vehicle Price in Hong Kong SAR (FOB) - 2022
- Snow Motor Vehicle Imports in Hong Kong SAR
- Snow Motor Vehicle Exports in Hong Kong SAR
Snow Motor Vehicle Price in Hong Kong SAR (CIF) - 2022
The average snow motor vehicle import price stood at $5,938 per unit in 2022, increasing by 13% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, snow motor vehicle import price decreased by -31.3% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 47% against the previous year. The import price peaked at $8,641 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($14,873 per unit), while the price for China ($3,426 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Snow Motor Vehicle Price in Hong Kong SAR (FOB) - 2022
The average snow motor vehicle export price stood at $7,494 per unit in 2022, rising by 114% against the previous year. Overall, the export price, however, showed a slight slump. Over the period under review, the average export prices reached the peak figure at $10,770 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($10,385 per unit), while the average price for exports to the UK ($198 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 Russia (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Snow Motor Vehicle Imports in Hong Kong SAR
In 2022, purchases abroad of motor vehicles for travelling on snow or golf cars decreased by -48.7% to 153 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. Over the period under review, imports attained the maximum at 298 units in 2021, and then dropped markedly in the following year.
In value terms, snow motor vehicle imports fell notably to $909K in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 38%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Snow Motor Vehicle in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 393 | 1,451 | 700 | 616 | 16.2% |
| China | 306 | 225 | 291 | 188 | -15.0% |
| Japan | 414 | 191 | 103 | 104 | -36.9% |
| United Arab Emirates | N/A | N/A | 410 | N/A | 0% |
| Italy | 238 | N/A | N/A | N/A | 0% |
| Others | 23.0 | 35.6 | 67.5 | N/A | 71.3% |
| Total | 1,374 | 1,903 | 1,572 | 909 | -12.9% |
Top Suppliers of Snow Motor Vehicle to Hong Kong SAR in 2022:
- United States (91.0 units)
- China (55.0 units)
- Japan (7.0 units)
Snow Motor Vehicle Exports in Hong Kong SAR
In 2022, overseas shipments of motor vehicles for travelling on snow or golf cars decreased by -75.3% to 36 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 989% against the previous year. The exports peaked at 146 units in 2021, and then shrank notably in the following year.
In value terms, snow motor vehicle exports declined notably to $270K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 428%. The exports peaked at $511K in 2021, and then declined markedly in the following year.
| Export of Snow Motor Vehicle in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 5.5 | 187 | 48.9 | 249 | 256.4% |
| Russia | N/A | N/A | N/A | 10.9 | 0% |
| United States | 8.1 | 145 | 124 | 5.2 | -13.7% |
| Japan | N/A | N/A | N/A | 3.7 | 0% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| Finland | N/A | N/A | N/A | 0.2 | 0% |
| Switzerland | N/A | N/A | N/A | 0.2 | 0% |
| Germany | N/A | N/A | 72.6 | N/A | 0% |
| Austria | N/A | N/A | 187 | N/A | 0% |
| Australia | N/A | 39.9 | N/A | N/A | 0% |
| Canada | N/A | N/A | 30.5 | N/A | 0% |
| Others | 61.1 | 22.9 | 48.3 | 0.2 | -85.2% |
| Total | 74.7 | 395 | 511 | 270 | 53.5% |
Top Export Markets for Snow Motor Vehicle from Hong Kong SAR in 2022:
- Macao SAR (24.0 units)
- United States (3.0 units)
- Japan (3.0 units)
- Russia (2.0 units)
- Poland (1.0 units)
- Finland (1.0 units)
- Switzerland (1.0 units)
This report provides an in-depth analysis of the snow motor vehicle 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles
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
-
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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This report provides an in-depth analysis of the snow motor vehicle market in Hong Kong SAR, China.
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