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Report Hong Kong SAR, China - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Hong Kong SAR, China - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Side Cars and Cycles with Non-Combustion Motors 2024

Market Size for Side Cars and Cycles with Non-Combustion Motors in Hong Kong SAR, China

The Hong Kong market for side cars and cycles with non-combustion motors fell sharply to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a resilient increase. Consumption of peaked at $X in 2021, and then dropped rapidly in the following year.

Production of Side Cars and Cycles with Non-Combustion Motors in Hong Kong SAR, China

In value terms, production of side cars and cycles with non-combustion motors fell markedly to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Side Cars and Cycles with Non-Combustion Motors

Exports from Hong Kong SAR, China

In 2022, overseas shipments of side cars and cycles with non-combustion motors decreased by X% to X units, falling for the third year in a row after three years of growth. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of side cars and cycles with non-combustion motors shrank dramatically to $X in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), the United States (X units) and the Netherlands (X units) were the main destinations of exports of side cars and cycles with non-combustion motors from Hong Kong SAR, with a combined X% share of total exports. Sweden, Germany, Turkey, Greece, Australia, the United Arab Emirates, Israel, Egypt, the UK and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for side car and cycle with non-combustion motor exported from Hong Kong SAR were the Netherlands ($X), China ($X) and the United States ($X), with a combined X% share of total exports. Germany, Sweden, Greece, Australia, Turkey, the United Arab Emirates, Egypt, Israel, Portugal and the UK lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for side cars and cycles with non-combustion motors stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to China ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Side Cars and Cycles with Non-Combustion Motors

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of side cars and cycles with non-combustion motors decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of side cars and cycles with non-combustion motors fell markedly to $X in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of side car and cycle with non-combustion motor to Hong Kong SAR, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of side cars and cycles with non-combustion motors to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

In 2022, the average import price for side cars and cycles with non-combustion motors amounted to $X per unit, falling by X% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of consumption of side cars and cycles with non-combustion motors was China, comprising approx. 43% of total volume. Moreover, consumption of side cars and cycles with non-combustion motors in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. Germany ranked third in terms of total consumption with a 4.8% share.
China remains the largest side car and cycle with non-combustion motor producing country worldwide, accounting for 69% of total volume. It was followed by Germany, with a 2.2% share of total production. Pakistan ranked third in terms of total production with a 2.1% share.
In value terms, China constituted the largest supplier of side cars and cycles with non-combustion motors to Hong Kong SAR.
In value terms, the largest markets for side car and cycle with non-combustion motor exported from Hong Kong SAR were the Netherlands, China and the United States, with a combined 39% share of total exports. Germany, Sweden, Greece, Australia, Turkey, the United Arab Emirates, Egypt, Israel, Portugal and the UK lagged somewhat behind, together accounting for a further 45%.
The average export price for side cars and cycles with non-combustion motors stood at $207 per unit in 2022, shrinking by -17.5% against the previous year.
In 2022, the average import price for side cars and cycles with non-combustion motors amounted to $162 per unit, with a decrease of -12.4% against the previous year.

This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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