Report Hong Kong SAR, China - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 30, 2022

Hong Kong SAR, China - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Hong Kong SAR, China

In 2021, the Hong Kong machine-tool for removing material market decreased by -X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Machine-Tools For Working Any Material By Removal Of Material in Hong Kong SAR, China

In value terms, machine-tool for removing material production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Machine-tool for removing material production peaked in 2021 and is likely to see gradual growth in years to come.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Hong Kong SAR, China

In 2021, the amount of machine-tools for working any material by removal of material exported from Hong Kong SAR skyrocketed to X units, jumping by X% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, machine-tool for removing material exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for machine-tool for removing material exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, machine-tool for removing material exports to China exceeded the volume sent to the second major destination, the United States (X units), eightfold. Cambodia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate 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 Cambodia (+X% per year).

In value terms, China ($X) remains the key foreign market for machine-tool for removing material exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Cambodia ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

In 2021, the average machine-tool for removing material export price amounted to $X per unit, waning by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Canada ($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 mixed trend patterns.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of machine-tools for working any material by removal of material decreased by -X% to X units, falling for the fourth year in a row after two years of growth. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, machine-tool for removing material imports reached $X in 2021. Overall, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Japan (X units) and Singapore (X units) were the main suppliers of machine-tool for removing material imports to Hong Kong SAR, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of -X%), while imports for the other leaders experienced a decline.

In value terms, Japan ($X) constituted the largest supplier of machine-tool for removing material to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

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

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2021, rising by X% against the previous year. Overall, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Thailand ($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 more modest paces of growth.

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 machine-tools for working any material by removal of material in the world?
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South Africa remains the largest machine-tool for removing material consuming country worldwide, accounting for 54% of total volume. Moreover, machine-tool for removing material consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, threefold. China ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
+
The countries with the highest volumes of in 2021 were Japan, China and Singapore, with a combined 88% share of global production.
What are the leading suppliers of machine-tools for working any material by removal of material to Hong Kong SAR, China?
+
In value terms, Japan constituted the largest supplier of machine-tool for removing material to Hong Kong SAR, comprising 64% of total imports. The second position in the ranking was held by China, with a 24% share of total imports. It was followed by Taiwan Chinese), with a 2.8% share.
What are the leading importers of machine-tools for working any material by removal of material from Hong Kong SAR, China?
+
In value terms, China remains the key foreign market for machine-tool for removing material exports from Hong Kong SAR, comprising 95% of total exports. The second position in the ranking was held by Cambodia, with a 0.7% share of total exports. It was followed by the United States, with a 0.6% share.
What is the average export price for machine-tools for working any material by removal of material in Hong Kong SAR, China?
+
In 2021, the average machine-tool for removing material export price amounted to $45,099 per unit, falling by -9.7% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in Hong Kong SAR, China?
+
In 2021, the average machine-tool for removing material import price amounted to $39,784 per unit, increasing by 133% against the previous year.

This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
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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