Report Hong Kong SAR, China - Electronic Machines and Appliances for Testing Metals - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

Hong Kong SAR, China - Electronic Machines and Appliances for Testing Metals - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Electronic Metal Tester Market 2022

Electronic Metal Tester Market Size in Hong Kong SAR, China

In 2021, after four years of growth, there was significant decline in the Hong Kong electronic metal tester market, when its value decreased by -X% to $X. Overall, consumption recorded a significant expansion. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Electronic Metal Tester Production in Hong Kong SAR, China

In value terms, electronic metal tester production dropped to $X in 2021 estimated in export price. In general, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Electronic metal tester production peaked at $X in 2020, and then dropped in the following year.

Electronic Metal Tester Exports

Exports from Hong Kong SAR, China

In 2021, electronic metal tester exports from Hong Kong SAR fell to X units, with a decrease of -X% on the previous year. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electronic metal tester exports declined sharply to $X in 2021. Overall, exports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for electronic metal tester exports from Hong Kong SAR, with a X% share of total exports. Moreover, electronic metal tester exports to China exceeded the volume sent to the second major destination, the United States (X units), eightfold. The third position in this ranking was taken by Malaysia (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Malaysia (+X% per year).

In value terms, China ($X) remains the key foreign market for electronic metal tester exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Thailand (-X% per year).

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, dropping by -X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Malaysia ($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 China (-X%), while the prices for the other major destinations experienced a decline.

Electronic Metal Tester Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of electronic machines and appliances for testing metals was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic metal tester imports shrank modestly to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest electronic metal tester supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, electronic metal tester imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (+X% per year).

In value terms, Germany ($X), the UK ($X) and China ($X) were the largest electronic metal tester suppliers to Hong Kong SAR, together accounting for X% of total imports.

Germany, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electronic metal tester import price amounted to $X per unit, reducing by -X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then fell dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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 electronic machines and appliances for testing metals in the world?
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The countries with the highest volumes of consumption in 2021 were Italy, Germany and the United States, together accounting for 45% of global consumption. China, Japan, the UK, Taiwan Chinese), South Korea, the Czech Republic, Turkey, India and Poland lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of electronic machines and appliances for testing metals in the world?
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The countries with the highest volumes of production in 2021 were Germany, Italy and China, with a combined 57% share of global production.
What are the leading suppliers of electronic machines and appliances for testing metals to Hong Kong SAR, China?
+
In value terms, Germany, the UK and China constituted the largest electronic metal tester suppliers to Hong Kong SAR, together comprising 58% of total imports.
What are the leading importers of electronic machines and appliances for testing metals from Hong Kong SAR, China?
+
In value terms, China remains the key foreign market for electronic metal tester exports from Hong Kong SAR, comprising 95% of total exports. The second position in the ranking was taken by the United States, with a 2.7% share of total exports. It was followed by Thailand, with a 1% share.
What is the average export price for electronic machines and appliances for testing metals in Hong Kong SAR, China?
+
The average electronic metal tester export price stood at $727 per unit in 2021, reducing by -25.7% against the previous year.
What is the average import price for electronic machines and appliances for testing metals in Hong Kong SAR, China?
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In 2021, the average electronic metal tester import price amounted to $2,487 per unit, falling by -51.9% against the previous year.

This report provides an in-depth analysis of the electronic metal tester 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 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)
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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