Hong Kong SAR, China: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Hong Kong SAR, China

In 2022, the Hong Kong vapour generating boiler market increased by X% to $X, rising for the sixth consecutive year after four years of decline. Over the period under review, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Vapour generating boiler consumption peaked in 2022 and is expected to retain growth in years to come.

Vapour Generating Boiler Production in Hong Kong SAR, China

In value terms, vapour generating boiler production rose sharply to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Vapour Generating Boiler Exports

Exports from Hong Kong SAR, China

In 2022, approx. X kg of vapour generating boilers were exported from Hong Kong SAR; reducing by X% against the year before. In general, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, vapour generating boiler exports dropped significantly to $X in 2022. Overall, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X kg) was the main destination for vapour generating boiler exports from Hong Kong SAR, with a X% share of total exports. Moreover, vapour generating boiler exports to India exceeded the volume sent to the second major destination, Macao SAR (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume to India totaled X%.

In value terms, India ($X) emerged as the key foreign market for vapour generating boilers exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by Macao SAR ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average vapour generating boiler export price amounted to $X per ton, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Macao SAR totaled $X per ton.

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

Vapour Generating Boiler Imports

Imports into Hong Kong SAR, China

In 2022, vapour generating boiler imports into Hong Kong SAR amounted to X tons, surging by X% compared with the previous year's figure. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vapour generating boiler imports amounted to $X in 2022. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of vapour generating boiler imports to Hong Kong SAR, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vapour generating boiler suppliers to Hong Kong SAR were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2022, the average vapour generating boiler import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($X per ton) and Norway ($X per ton), while the price for Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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