Hong Kong SAR, China: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Hong Kong SAR, China

The Hong Kong agricultural self-loading trailer market fell modestly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced curtailment. Agricultural self-loading trailer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Agricultural Self-Loading Trailer Production in Hong Kong SAR, China

In value terms, agricultural self-loading trailer production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Agricultural self-loading trailer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Agricultural Self-Loading Trailer Exports

Exports from Hong Kong SAR, China

Agricultural self-loading trailer exports from Hong Kong SAR surged to X units in 2022, picking up by X% compared with the year before. Overall, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, agricultural self-loading trailer exports surged to $X in 2022. Over the period under review, exports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania (X units), Benin (X units) and Senegal (X units) were the main destinations of agricultural self-loading trailer exports from Hong Kong SAR, together accounting for X% of total exports. Papua New Guinea, Solomon Islands and Mozambique lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Benin ($X) emerged as the key foreign market for self-loading or self-unloading trailers for agricultural purposes exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports. It was followed by Solomon Islands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Benin was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Solomon Islands (X% per year).

Export Prices by Country

In 2022, the average agricultural self-loading trailer export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, faced a dramatic decline. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (X%), while the prices for the other major destinations experienced a decline.

Agricultural Self-Loading Trailer Imports

Imports into Hong Kong SAR, China

In 2022, the amount of self-loading or self-unloading trailers for agricultural purposes imported into Hong Kong SAR contracted significantly to X units, which is down by X% compared with the previous year. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, agricultural self-loading trailer imports shrank sharply to $X in 2022. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X units) was the main supplier of agricultural self-loading trailer to Hong Kong SAR, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore was relatively modest.

In value terms, Singapore ($X) constituted the largest supplier of self-loading or self-unloading trailers for agricultural purposes to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from Singapore was relatively modest.

Import Prices by Country

The average agricultural self-loading trailer import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Source: IndexBox Platform

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