Hong Kong SAR, China - Invalid Carriages Motorised Or Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorised Invalid Carriage Price in Hong Kong SAR - 2023
Contents:
- Motorised Invalid Carriage Price in Hong Kong SAR (CIF) - 2023
- Motorised Invalid Carriage Price in Hong Kong SAR (FOB) - 2022
- Motorised Invalid Carriage Imports in Hong Kong SAR
- Motorised Invalid Carriage Exports in Hong Kong SAR
Motorised Invalid Carriage Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average motorised invalid carriage import price amounted to $926 per unit, declining by -8.7% against the previous month. Overall, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, motorised invalid carriage import price decreased by -18.5% against February 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 107% month-to-month. As a result, import price reached the peak level of $1,480 per unit. From August 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($7,085 per unit), while the price for China ($485 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorised Invalid Carriage Price in Hong Kong SAR (FOB) - 2022
The average motorised invalid carriage export price stood at $533 per unit in 2022, reducing by -2.3% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 106%. The export price peaked at $873 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,006 per unit), while the average price for exports to Australia ($419 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 Japan (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Motorised Invalid Carriage Imports in Hong Kong SAR
In 2022, purchases abroad of invalid carriages motorised or mechanically propelled decreased by -49.5% to 3.3K units, falling for the second consecutive year after two years of growth. In general, imports saw a sharp setback. The growth pace was the most rapid in 2020 with an increase of 3.3% against the previous year. As a result, imports attained the peak of 10K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, motorised invalid carriage imports dropped sharply to $3M in 2022. Over the period under review, imports saw a sharp reduction. The smallest decline of -9.6% was in 2021. Imports peaked at $8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Motorised Invalid Carriage in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5,903 | 3,434 | 2,499 | 1,267 | -40.1% |
| Taiwan (Chinese) | 376 | 409 | 429 | 542 | 13.0% |
| Germany | 572 | 395 | 764 | 490 | -5.0% |
| Japan | 147 | 163 | 152 | 166 | 4.1% |
| United States | 292 | 178 | 177 | 126 | -24.4% |
| Thailand | 3.8 | 22.3 | 24.1 | 24.0 | 84.8% |
| Others | 707 | 400 | 476 | 360 | -20.1% |
| Total | 8,000 | 5,001 | 4,522 | 2,975 | -28.1% |
Top Suppliers of Motorised Invalid Carriage to Hong Kong SAR in 2022:
- China (2355.0 units)
- Taiwan (Chinese) (352.0 units)
- Germany (265.0 units)
- Thailand (148.0 units)
- Japan (51.0 units)
- United States (32.0 units)
Motorised Invalid Carriage Exports in Hong Kong SAR
In 2022, approx. 638 units of invalid carriages motorised or mechanically propelled were exported from Hong Kong SAR; which is down by -22.3% compared with the previous year's figure. In general, exports recorded a mild decrease. The growth pace was the most rapid in 2021 when exports increased by 120% against the previous year. As a result, the exports reached the peak of 821 units, and then dropped rapidly in the following year.
In value terms, motorised invalid carriage exports dropped notably to $340K in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 107%. The exports peaked at $576K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Motorised Invalid Carriage in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.9 | 1.1 | 264 | 125 | 98.8% |
| United States | 271 | 57.9 | 34.0 | 48.1 | -43.8% |
| France | 0.7 | 41.4 | 17.6 | 36.7 | 274.3% |
| Australia | 1.0 | 25.6 | 7.6 | 34.8 | 226.5% |
| China | 148 | 58.2 | 86.9 | 26.4 | -43.7% |
| Belgium | N/A | N/A | 0.6 | 20.6 | 3333.3% |
| Germany | 20.7 | 5.7 | 8.0 | 11.9 | -16.9% |
| Spain | 59.2 | N/A | 2.5 | 3.6 | -60.7% |
| Others | 59.8 | 25.8 | 26.8 | 32.7 | -18.2% |
| Total | 576 | 216 | 448 | 340 | -16.1% |
Top Export Markets for Motorised Invalid Carriage from Hong Kong SAR in 2022:
- United Kingdom (273.0 units)
- Australia (83.0 units)
- United States (79.0 units)
- China (47.0 units)
- France (46.0 units)
- Belgium (28.0 units)
- Germany (22.0 units)
- Spain (6.0 units)
This report provides an in-depth analysis of the motorised invalid carriage 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 30922090 - Invalid carriages motorised or mechanically propelled
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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