Report Hong Kong SAR, China - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 15, 2023

Hong Kong SAR, China - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Spacecraft Market 2023

Spacecraft Market Size in Hong Kong SAR, China

The Hong Kong spacecraft market declined remarkably to $X in 2021, with a decrease of -39.9% against the previous year. Over the period under review, consumption saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Spacecraft Production in Hong Kong SAR, China

In value terms, spacecraft production contracted markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 2,707% against the previous year. Spacecraft production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Spacecraft Exports

Exports from Hong Kong SAR, China

For the sixth year in a row, Hong Kong SAR recorded growth in shipments abroad of civil spacecraft, satellites and launch vehicles, which increased by 20% to X units in 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 400% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, spacecraft exports rose markedly to $X in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of 818% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

The UK (X units) was the main destination for spacecraft exports from Hong Kong SAR, with a 83% share of total exports. Moreover, spacecraft exports to the UK exceeded the volume sent to the second major destination, Ecuador (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +25.1%.

In value terms, the UK ($X) remains the key foreign market for spacecraft exports from Hong Kong SAR, comprising 45% of total exports. The second position in the ranking was held by Ecuador ($X), with a 3.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +20.3%.

Export Prices by Country

In 2021, the average spacecraft export price amounted to $X per unit, dropping by -4.3% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 2,602%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Ecuador stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kiribati (+68.4%).

Spacecraft Imports

Imports into Hong Kong SAR, China

In 2019, after five years of growth, there was significant decline in purchases abroad of civil spacecraft, satellites and launch vehicles, when their volume decreased by 99.9% to X units. In general, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2018 when imports increased by 85% against the previous year. As a result, imports reached the peak of X units, and then contracted dramatically in the following year.

In value terms, spacecraft imports shrank dramatically to $X in 2019. Over the period under review, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2018 with an increase of 10% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Spain (X units) was the main supplier of spacecraft to Hong Kong SAR, with a approx. 100% share of total imports.

From 2014 to 2019, the average annual rate of growth in terms of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of spacecraft to Hong Kong SAR.

From 2014 to 2019, the average annual growth rate of value from Spain was relatively modest.

Import Prices by Country

The average spacecraft import price stood at $X per unit in 2019, falling by -64.5% against the previous year. In general, the import price faced a dramatic downturn. The pace of growth was the most pronounced in 2017 when the average import price decreased by -40.5%. The import price peaked at $X per unit in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2014 to 2019, the rate of growth in terms of prices for the United States amounted to +7.1% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for civil spacecraft, satellites and launch vehicles in the world?
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The countries with the highest volumes of consumption in 2021 were China, France and Indonesia, with a combined 62% share of global consumption.
What are the largest producers of civil spacecraft, satellites and launch vehicles in the world?
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The countries with the highest volumes of production in 2021 were China, France and the United States, together comprising 81% of global production.
What are the leading suppliers of civil spacecraft, satellites and launch vehicles to Hong Kong SAR, China?
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In value terms, Spain constituted the largest supplier of spacecraft to Hong Kong SAR.
What are the leading importers of civil spacecraft, satellites and launch vehicles from Hong Kong SAR, China?
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In value terms, the UK remains the key foreign market for spacecraft exports from Hong Kong SAR, comprising 45% of total exports. The second position in the ranking was taken by Ecuador $735), with a 3.8% share of total exports.
What is the average export price for civil spacecraft, satellites and launch vehicles in Hong Kong SAR, China?
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In 2021, the average spacecraft export price amounted to $1,083 per unit, reducing by -4.3% against the previous year.
What is the average import price for civil spacecraft, satellites and launch vehicles in Hong Kong SAR, China?
+
The average spacecraft import price stood at $593 per unit in 2019, with a decrease of -64.5% against the previous year.

This report provides an in-depth analysis of the spacecraft 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 30304000 - Spacecraft, satellites and launch vehicles, for civil use
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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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