Hong Kong SAR, China - Way-Type Unit Heads For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWay-Type Unit Head Price in Hong Kong SAR - 2022
Contents:
- Way-Type Unit Head Price in Hong Kong SAR (CIF) - 2022
- Way-Type Unit Head Price in Hong Kong SAR (FOB) - 2022
- Way-Type Unit Head Imports in Hong Kong SAR
- Way-Type Unit Head Exports in Hong Kong SAR
Way-Type Unit Head Price in Hong Kong SAR (CIF) - 2022
In 2022, the average way-type unit head import price amounted to $5,977 per unit, with an increase of 2.4% against the previous year. Over the period under review, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 131% against the previous year. As a result, import price attained the peak level of $19,109 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +108.0% per year.
Way-Type Unit Head Price in Hong Kong SAR (FOB) - 2022
The average way-type unit head export price stood at $81 per unit in 2022, picking up by 86% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2016 an increase of 144%. As a result, the export price attained the peak level of $599 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
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 ($105 per unit), while the average price for exports to Myanmar amounted to $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+748.7%), while the prices for the other major destinations experienced more modest paces of growth.
Way-Type Unit Head Imports in Hong Kong SAR
After three years of growth, purchases abroad of way-type unit heads for working metal decreased by -34.6% to 34 units in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 217%. Imports peaked at 52 units in 2021, and then shrank notably in the following year.
In value terms, way-type unit head imports declined dramatically to $203K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 452%. Over the period under review, imports reached the maximum at $304K in 2021, and then fell dramatically in the following year.
Import of Way-Type Unit Head in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.3 | 53.8 | 276 | 203 | 438.5% |
South Korea | N/A | 47.3 | N/A | N/A | 0% |
China | 2.2 | 0.4 | 5.4 | N/A | 56.7% |
Italy | 6.4 | N/A | 6.3 | N/A | -0.8% |
Others | 8.7 | 1.3 | 16.1 | N/A | 36.0% |
Total | 18.6 | 103 | 304 | 203 | 121.8% |
Top Suppliers of Way-Type Unit Head to Hong Kong SAR in 2022:
- United Kingdom (34.0 units)
Way-Type Unit Head Exports in Hong Kong SAR
Way-type unit head exports from Hong Kong SAR surged to 518 units in 2022, increasing by 102% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at 642 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, way-type unit head exports soared to $42K in 2022. Overall, exports saw temperate growth. The exports peaked at $73K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Export of Way-Type Unit Head in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 1.1 | 3.2 | 0.9 | 38.7 | 227.7% |
Myanmar | N/A | 0.2 | 0.5 | 1.2 | 144.9% |
Hungary | 1.0 | 10.4 | 0.1 | 0.1 | -53.6% |
Malaysia | 32.3 | 42.5 | N/A | N/A | 31.6% |
India | 1.5 | 1.7 | N/A | N/A | 13.3% |
Others | 2.7 | 14.7 | 9.8 | 2.0 | -9.5% |
Total | 38.6 | 72.8 | 11.2 | 42.0 | 2.9% |
Top Export Markets for Way-Type Unit Head from Hong Kong SAR in 2022:
- Pakistan (368.0 units)
- Myanmar (70.0 units)
- Hungary (1.0 units)
This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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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