Duplicating Machines Price in Hong Kong SAR - 2023

Duplicating Machines Price in Hong Kong SAR (CIF) - 2022

In 2022, the average duplicating machines import price amounted to $2,150 per unit, which is down by -4.3% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, duplicating machines import price increased by +11.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60% against the previous year. The import price peaked at $3,142 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,178 per unit), while the price for China ($1,389 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.

Duplicating Machines Price in Hong Kong SAR (FOB) - 2022

The average duplicating machines export price stood at $301 per unit in 2022, falling by -35.9% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2015 when the average export price increased by 166%. As a result, the export price attained the peak level of $2,802 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($1,952 per unit), while the average price for exports to China totaled $263 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (-1.6%).

Duplicating Machines Imports in Hong Kong SAR

In 2022, the amount of duplicating machineses imported into Hong Kong SAR fell to 156 units, with a decrease of -10.3% compared with the year before. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 2.4% against the previous year. Imports peaked at 250 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, duplicating machines imports declined to $335K in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports attained the peak figure at $482K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Duplicating Machines in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	343	265	300	239	-11.3%
Japan	69.0	48.7	87.5	70.2	0.6%
China	69.9	23.7	4.0	25.7	-28.4%
Others	N/A	0.5	N/A	N/A	0%
Total	482	338	391	335	-11.4%

Top Suppliers of Duplicating Machines to Hong Kong SAR in 2022:

Thailand (115.0 units)
Japan (22.0 units)
China (19.0 units)

Duplicating Machines Exports in Hong Kong SAR

In 2022, after two years of decline, there was significant growth in overseas shipments of duplicating machineses, when their volume increased by 49% to 523 units. Over the period under review, exports, however, faced a precipitous descent. The exports peaked at 4.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, duplicating machines exports shrank to $157K in 2022. In general, exports, however, showed a dramatic decline. Over the period under review, the exports reached the maximum at $1.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.