Hong Kong SAR, China - Planing, Milling Or Moulding Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Milling Machine Price in Hong Kong SAR - 2023
Contents:
- Wood Milling Machine Price in Hong Kong SAR (FOB) - 2022
- Wood Milling Machine Price in Hong Kong SAR (CIF) - 2022
- Wood Milling Machine Exports in Hong Kong SAR
- Wood Milling Machine Imports in Hong Kong SAR
Wood Milling Machine Price in Hong Kong SAR (FOB) - 2022
The average wood milling machine export price stood at $17,736 per unit in 2022, surging by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 252% against the previous year. Over the period under review, the average export prices hit record highs at $43,124 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 ($25,179 per unit), while the average price for exports to Pakistan ($1,636 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 Germany (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Milling Machine Price in Hong Kong SAR (CIF) - 2022
The average wood milling machine import price stood at $3,385 per unit in 2022, dropping by -41.2% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 127% against the previous year. As a result, import price reached the peak level of $16,166 per unit. From 2018 to 2022, the average import prices remained 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 Taiwan (Chinese) ($7,983 per unit), while the price for Japan ($1,156 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced a decline.
Wood Milling Machine Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of planing, milling or moulding machines, which decreased by 0% to 38 units in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -1% was in 2020. Over the period under review, the exports attained the maximum at 210 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wood milling machine exports soared to $673K in 2022. Over the period under review, exports showed a dramatic slump. The exports peaked at $8.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wood Milling Machine in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7,925 | 2,523 | 525 | 579 | -58.2% |
| Czech Republic | N/A | N/A | N/A | 26.1 | 0% |
| Germany | N/A | N/A | N/A | 19.4 | 0% |
| Spain | N/A | N/A | N/A | 18.9 | 0% |
| Pakistan | 13.7 | 27.3 | 18.0 | 13.1 | -1.5% |
| Austria | N/A | N/A | N/A | 13.0 | 0% |
| United States | 14.7 | 183 | 7.3 | 3.7 | -36.9% |
| Others | 159 | 13.5 | N/A | N/A | -91.5% |
| Total | 8,113 | 2,746 | 550 | 673 | -56.4% |
Top Export Markets for Wood Milling Machine from Hong Kong SAR in 2022:
- China (23.0 units)
- Pakistan (8.0 units)
- Czech Republic (2.0 units)
- United States (2.0 units)
- Austria (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
Wood Milling Machine Imports in Hong Kong SAR
After two years of decline, supplies from abroad of planing, milling or moulding machines increased by 80% to 151 units in 2022. In general, imports, however, showed a precipitous decline. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, wood milling machine imports amounted to $513K in 2022. Overall, imports, however, saw a significant decline. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Wood Milling Machine in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 379 | 847 | 134 | 325 | -5.0% |
| Taiwan (Chinese) | 2,822 | 2,693 | 302 | 144 | -62.9% |
| Japan | 2,409 | 69.5 | 11.8 | 39.7 | -74.6% |
| Singapore | 1,086 | 314 | 34.1 | N/A | -82.3% |
| Others | 454 | N/A | N/A | 4.2 | -79.0% |
| Total | 7,151 | 3,923 | 482 | 513 | -58.4% |
Top Suppliers of Wood Milling Machine to Hong Kong SAR in 2022:
- China (99.0 units)
- Japan (34.0 units)
- Taiwan (Chinese) (18.0 units)
This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
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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