Report Hong Kong SAR, China - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 17, 2022

Hong Kong SAR, China - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Boring Machinery Market 2022

Boring Machinery Market Size in Hong Kong SAR, China

The Hong Kong boring machinery market reduced remarkably to $X in 2021, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt contraction. Boring machinery consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Boring Machinery Exports

Exports from Hong Kong SAR, China

In 2021, approx. X units of boring or sinking machinery were exported from Hong Kong SAR; shrinking by -X% compared with the previous year's figure. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, boring machinery exports declined to $X in 2021. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for boring machinery exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, boring machinery exports to India exceeded the volume sent to the second major destination, Egypt (X units), tenfold. Bolivia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+X% per year) and Bolivia (X% per year).

It was followed by Bolivia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+X% per year) and Bolivia (X% per year).

Export Prices by Country

In 2021, the average boring machinery export price amounted to $X per unit, which is down by -X% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably countrydestination: the country with the highest price was Egypt ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%), while the prices for the other major destinations experienced a decline.

Boring Machinery Imports

Imports into Hong Kong SAR, China

In 2021, approx. X units of boring or sinking machinery were imported into Hong Kong SAR; reducing by -X% against the previous year. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, boring machinery imports fell sharply to $X in 2021. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest boring machinery supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, boring machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the Netherlands (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of boring machinery to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2021, the average boring machinery import price amounted to $X per unit, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for boring or sinking machinery in the world?
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The countries with the highest volumes of consumption in 2021 were South Korea, China and Spain, together accounting for 50% of global consumption. These countries were followed by Japan, South Africa, Germany, Italy, Romania, Norway, France, Thailand, Syrian Arab Republic and Saudi Arabia, which together accounted for a further 27%.
What are the largest producers of boring or sinking machinery in the world?
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The countries with the highest volumes of production in 2021 were South Korea, China and Spain, together comprising 50% of global production. These countries were followed by Italy, Japan, Germany, South Africa, Romania, Thailand, the Netherlands, Norway, Saudi Arabia and Turkey, which together accounted for a further 32%.
What are the leading suppliers of boring or sinking machinery to Hong Kong SAR, China?
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In value terms, Germany constituted the largest supplier of boring machinery to Hong Kong SAR, comprising 62% of total imports. The second position in the ranking was taken by China, with an 11% share of total imports. It was followed by Japan, with a 6.1% share.
What are the leading importers of boring or sinking machinery from Hong Kong SAR, China?
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It was followed by Bolivia, with a 1.6% share.
What is the average export price for boring or sinking machinery in Hong Kong SAR, China?
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The average boring machinery export price stood at $5.1 per unit in 2021, dropping by -1.6% against the previous year.
What is the average import price for boring or sinking machinery in Hong Kong SAR, China?
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In 2021, the average boring machinery import price amounted to $3.3 per unit, rising by 3.6% against the previous year.

This report provides an in-depth analysis of the boring 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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