Report Hong Kong SAR, China - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Hong Kong SAR, China - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Radiator Market 2023

Radiator Market Size in Hong Kong SAR, China

In 2022, the Hong Kong radiator market decreased by -84.4% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption faced a abrupt decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Radiator Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of radiators for central heating (not electrically heated) decreased by -91.5% to X kg, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 309%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, radiator exports declined rapidly to $X in 2022. Over the period under review, exports saw a perceptible descent. The pace of growth was the most pronounced in 2014 with an increase of 131%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

France (X kg), China (X kg) and Fiji (X kg) were the main destinations of radiator exports from Hong Kong SAR, with a combined 95% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Fiji (with a CAGR of +63.2%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for radiators for central heating (not electrically heated) exports from Hong Kong SAR, comprising 79% of total exports. The second position in the ranking was taken by Fiji ($X), with a 15% share of total exports. It was followed by China, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +75.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+136.3% per year) and China (-20.5% per year).

Export Prices by Country

The average radiator export price stood at $X per ton in 2022, with an increase of 396% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Radiator Imports

Imports into Hong Kong SAR, China

In 2022, the amount of radiators for central heating (not electrically heated) imported into Hong Kong SAR dropped remarkably to X tons, declining by -90.6% on the previous year's figure. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, radiator imports fell markedly to $X in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 105%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of radiator to Hong Kong SAR, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -16.8%.

In value terms, China ($X) constituted the largest supplier of radiators for central heating (not electrically heated) to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China totaled -11.5%.

Import Prices by Country

In 2022, the average radiator import price amounted to $X per ton, growing by 208% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.4% per year.

Source: IndexBox 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 radiators for central heating (not electrically heated) in the world?
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The country with the largest volume of radiator consumption was Turkey, comprising approx. 53% of total volume. Moreover, radiator consumption in Turkey exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was taken by India, with a 5.1% share.
What are the largest producers of radiators for central heating (not electrically heated) in the world?
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Turkey remains the largest radiator producing country worldwide, accounting for 55% of total volume. Moreover, radiator production in Turkey exceeded the figures recorded by the second-largest producer, China, fourfold. India ranked third in terms of total production with a 5.1% share.
What are the leading suppliers of radiators for central heating (not electrically heated) to Hong Kong SAR, China?
+
In value terms, China constituted the largest supplier of radiators for central heating not electrically heated) to Hong Kong SAR.
What are the leading importers of radiators for central heating (not electrically heated) from Hong Kong SAR, China?
+
In value terms, France emerged as the key foreign market for radiators for central heating not electrically heated) exports from Hong Kong SAR, comprising 79% of total exports. The second position in the ranking was held by Fiji, with a 15% share of total exports. It was followed by China, with a 4.2% share.
What is the average export price for radiators for central heating (not electrically heated) in Hong Kong SAR, China?
+
In 2022, the average radiator export price amounted to $26,471 per ton, surging by 396% against the previous year.
What is the average import price for radiators for central heating (not electrically heated) in Hong Kong SAR, China?
+
In 2022, the average radiator import price amounted to $5,733 per ton, increasing by 208% against the previous year.

This report provides an in-depth analysis of the radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
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 2012-2022
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, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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