Report Update: May 1, 2024

Hong Kong SAR, China - Industrial Machinery For The Manufacture Or Preparation Of Sugar - Market Analysis, Forecast, Size, Trends And Insights

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Sugar-Manufacturing Industrial Machinery Price in Hong Kong SAR - 2022

Sugar-Manufacturing Industrial Machinery Price in Hong Kong SAR (FOB) - 2022

The average sugar-manufacturing industrial machinery export price stood at $12,178 per unit in 2022, shrinking by -48% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2021 an increase of 2,399%. The export price peaked at $59,049 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($3,029 per unit), while the average price for exports to Zimbabwe ($2 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 Cambodia (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Price in Hong Kong SAR (CIF) - 2022

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $5,334 per unit, surging by 303% against the previous year. Over the period under review, the import price, however, faced a significant contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 353% against the previous year. Over the period under review, average import prices attained the maximum at $78,476 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($4,328 per unit), while the price for Vietnam ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+115.5%), while the prices for the other major suppliers experienced a decline.

Sugar-Manufacturing Industrial Machinery Exports in Hong Kong SAR

Sugar-manufacturing industrial machinery exports from Hong Kong SAR totaled 1 units in 2022, standing approx. at the previous year. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, sugar-manufacturing industrial machinery exports contracted sharply to $12K in 2022. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 2,399%. Over the period under review, the exports reached the maximum at $59K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Sugar-Manufacturing Industrial Machinery in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Pakistan	25.8	0.3	0.1	3.0	-51.2%
Cambodia	12.8	0.3	6.7	2.8	-39.7%
Panama	5.2	0.1	3.7	1.8	-29.8%
Dominican Republic	0.7	0.1	3.0	1.3	22.9%
Sweden	1.7	N/A	1.7	0.8	-22.2%
India	7.6	0.2	4.6	0.5	-59.6%
Philippines	N/A	N/A	0.1	0.3	200.0%
France	0.2	N/A	0.9	0.1	-20.6%
Cameroon	0.5	N/A	0.3	0.1	-41.5%
South Korea	N/A	N/A	N/A	N/A	0%
Zimbabwe	0.1	N/A	N/A	N/A	0%
Indonesia	0.1	N/A	N/A	N/A	0%
Belize	N/A	N/A	0.1	N/A	0%
Others	4.4	N/A	2.4	1.6	-28.6%
Total	59.0	0.9	23.4	12.2	-40.9%

Top Export Markets for Sugar-Manufacturing Industrial Machinery from Hong Kong SAR in 2022:

Pakistan (1.0 units)
Panama (1.0 units)
Indonesia (1.0 units)
India (1.0 units)
Cambodia (1.0 units)
France (1.0 units)
Philippines (1.0 units)
Sweden (1.0 units)
Zimbabwe (1.0 units)
South Korea (1.0 units)
Belize (1.0 units)
Cameroon (1.0 units)
Dominican Republic (1.0 units)

Sugar-Manufacturing Industrial Machinery Imports in Hong Kong SAR

In 2022, the amount of industrial machinery for the manufacture or preparation of sugar imported into Hong Kong SAR was estimated at 1 units, remaining constant against 2021. Overall, imports showed a relatively flat trend pattern. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, sugar-manufacturing industrial machinery imports soared to $5.3K in 2022. Over the period under review, imports continue to indicate a dramatic decline. Imports peaked at $21K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Sugar-Manufacturing Industrial Machinery in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	14.6	6.6	1.1	4.3	-33.5%
Taiwan (Chinese)	4.1	1.4	0.2	0.5	-50.4%
China	0.2	0.9	N/A	0.3	14.5%
India	0.6	0.3	N/A	0.2	-30.7%
France	0.6	0.2	N/A	0.1	-45.0%
Belgium	N/A	N/A	N/A	N/A	0%
Vietnam	N/A	N/A	N/A	N/A	0%
Others	0.6	N/A	N/A	N/A	0%
Total	20.7	9.3	1.3	5.3	-36.5%

Top Suppliers of Sugar-Manufacturing Industrial Machinery to Hong Kong SAR in 2022:

Taiwan (Chinese) (1.0 units)
India (1.0 units)
France (1.0 units)
United States (1.0 units)
Vietnam (1.0 units)
China (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sugar-manufacturing industrial machinery 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 28931730 - Industrial machinery for the manufacture or preparation of sugar

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023