Hong Kong SAR, China - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectrometers and Spectrophotometers Price in Hong Kong SAR - 2023
Contents:
- Spectrometers and Spectrophotometers Price in Hong Kong SAR (FOB) - 2022
- Spectrometers and Spectrophotometers Price in Hong Kong SAR (CIF) - 2022
- Spectrometers and Spectrophotometers Exports in Hong Kong SAR
- Spectrometers and Spectrophotometers Imports in Hong Kong SAR
Spectrometers and Spectrophotometers Price in Hong Kong SAR (FOB) - 2022
In 2022, the average spectrometers and spectrophotometers export price amounted to $3,555 per unit, which is down by -28.6% against the previous year. In general, the export price showed a abrupt slump. The growth pace was the most rapid in 2017 an increase of 82%. The export price peaked at $13,750 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 China ($8,601 per unit), while the average price for exports to the United States ($97 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 (-2.1%), while the prices for the other major destinations experienced a decline.
Spectrometers and Spectrophotometers Price in Hong Kong SAR (CIF) - 2022
In 2022, the average spectrometers and spectrophotometers import price amounted to $5,004 per unit, falling by -36.6% against the previous year. In general, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 77%. The import price peaked at $11,666 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Canada ($14,552 per unit), while the price for Taiwan (Chinese) ($1,565 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 (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectrometers and Spectrophotometers Exports in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in overseas shipments of spectrometers and spectrophotometers, which increased by 56% to 45K units in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spectrometers and spectrophotometers exports stood at $159M in 2022. Over the period under review, exports, however, recorded a noticeable downturn. Over the period under review, the exports reached the peak figure at $172M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Spectrometers and Spectrophotometers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 163 | 142 | 134 | 149 | -2.9% |
| United States | 1.0 | 1.0 | 1.6 | 1.6 | 17.0% |
| Japan | 1.7 | 2.2 | 0.3 | 1.4 | -6.3% |
| France | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Germany | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| South Korea | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Australia | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 5.6 | 5.3 | 6.2 | 6.2 | 3.5% |
| Total | 172 | 152 | 143 | 159 | -2.6% |
Top Export Markets for Spectrometers and Spectrophotometers from Hong Kong SAR in 2022:
- China (17.3K units)
- United States (16.9K units)
- Germany (2.8K units)
- Japan (1.3K units)
- France (1.0K units)
- Australia (0.7K units)
- South Korea (0.7K units)
Spectrometers and Spectrophotometers Imports in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in purchases abroad of spectrometers and spectrophotometers, which increased by 64% to 22K units in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spectrometers and spectrophotometers imports expanded modestly to $112M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spectrometers and Spectrophotometers in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.7 | 10.5 | 33.3 | 30.5 | 37.6% |
| Japan | 31.5 | 42.3 | 21.5 | 28.7 | -3.1% |
| China | 25.5 | 20.5 | 25.3 | 23.2 | -3.1% |
| United States | 15.3 | 12.4 | 12.3 | 12.1 | -7.5% |
| Canada | 4.9 | 8.6 | 8.1 | 7.4 | 14.7% |
| United Kingdom | 5.4 | 4.1 | 2.6 | 3.6 | -12.6% |
| Taiwan (Chinese) | 1.9 | 0.4 | 0.1 | 0.7 | -28.3% |
| Others | 8.5 | 6.2 | 4.6 | 5.9 | -11.5% |
| Total | 105 | 105 | 108 | 112 | 2.2% |
Top Suppliers of Spectrometers and Spectrophotometers to Hong Kong SAR in 2022:
- Germany (10.2K units)
- China (3.7K units)
- United States (3.4K units)
- Japan (2.6K units)
- Canada (0.5K units)
- Taiwan (Chinese) (0.5K units)
- United Kingdom (0.3K units)
This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations
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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