Hong Kong SAR, China - Air Compressors Mounted On A Wheeled Chassis For Towing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTow-Behind Air Compressor Price in Hong Kong SAR - 2023
Contents:
- Tow-Behind Air Compressor Price in Hong Kong SAR (CIF) - 2022
- Tow-Behind Air Compressor Price in Hong Kong SAR (FOB) - 2022
- Tow-Behind Air Compressor Imports in Hong Kong SAR
- Tow-Behind Air Compressor Exports in Hong Kong SAR
Tow-Behind Air Compressor Price in Hong Kong SAR (CIF) - 2022
In 2022, the average tow-behind air compressor import price amounted to $2,089 per unit, increasing by 4.7% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $3,518 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($3,494 per unit), while the price for Taiwan (Chinese) ($635 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Tow-Behind Air Compressor Price in Hong Kong SAR (FOB) - 2022
In 2022, the average tow-behind air compressor export price amounted to $858 per unit, reducing by -36.7% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 68%. The export price peaked at $2,491 per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 Macao SAR ($11,173 per unit), while the average price for exports to Pakistan ($343 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 Macao SAR (-3.3%), while the prices for the other major destinations experienced a decline.
Tow-Behind Air Compressor Imports in Hong Kong SAR
In 2022, imports of air compressors mounted on a wheeled chassis for towing into Hong Kong SAR contracted significantly to 4.1K units, waning by -46.6% on the previous year. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports attained the peak figure at 9.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, tow-behind air compressor imports shrank significantly to $8.5M in 2022. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 97% against the previous year. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tow-Behind Air Compressor in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.8 | 2.7 | 8.7 | 3.9 | -23.8% |
| Japan | 2.7 | 3.0 | 3.8 | 2.5 | -2.5% |
| United States | 0.5 | 0.6 | 0.4 | 0.4 | -7.2% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Germany | 1.3 | 0.1 | N/A | 0.1 | -57.5% |
| Others | 1.9 | 1.0 | 2.1 | 1.4 | -9.7% |
| Total | 15.4 | 7.7 | 15.2 | 8.5 | -18.0% |
Top Suppliers of Tow-Behind Air Compressor to Hong Kong SAR in 2022:
- Japan (2161.0 units)
- China (1124.0 units)
- United States (336.0 units)
- Taiwan (Chinese) (281.0 units)
- Germany (56.0 units)
Tow-Behind Air Compressor Exports in Hong Kong SAR
In 2022, the amount of air compressors mounted on a wheeled chassis for towing exported from Hong Kong SAR declined rapidly to 1.3K units, with a decrease of -22.9% compared with the previous year's figure. Over the period under review, exports faced a sharp descent. The smallest decline of -7.2% was in 2020. The exports peaked at 3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, tow-behind air compressor exports fell sharply to $1.1M in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 2.2%. The exports peaked at $2.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tow-Behind Air Compressor in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 469 | 426 | 212 | 459 | -0.7% |
| Macao SAR | 983 | 1,000 | 1,500 | 268 | -35.2% |
| Philippines | 86.9 | 204 | 189 | 236 | 39.5% |
| Pakistan | 301 | 216 | 249 | 108 | -28.9% |
| Others | 505 | 427 | 172 | 63.2 | -50.0% |
| Total | 2,345 | 2,273 | 2,323 | 1,134 | -21.5% |
Top Export Markets for Tow-Behind Air Compressor from Hong Kong SAR in 2022:
- China (681.0 units)
- Pakistan (314.0 units)
- Philippines (301.0 units)
- Macao SAR (24.0 units)
This report provides an in-depth analysis of the tow-behind air compressor 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 28132400 - Air compressors mounted on a wheeled chassis for towing
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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