Hong Kong SAR, China - Brushes Constituting Parts Of Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Appliance Part Brush in Hong Kong SAR - 2023
Contents:
- Price for Appliance Part Brush in Hong Kong SAR (CIF) - 2022
- Price for Appliance Part Brush in Hong Kong SAR (FOB) - 2023
- Imports of Appliance Part Brush in Hong Kong SAR
- Exports of Appliance Part Brush in Hong Kong SAR
Price for Appliance Part Brush in Hong Kong SAR (CIF) - 2022
In 2022, the average appliance part brush import price amounted to $4 per unit, growing by 5.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($4 per unit) and Japan ($4 per unit), while the price for Singapore ($4 per unit) and China ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Appliance Part Brush in Hong Kong SAR (FOB) - 2023
In June 2023, the average appliance part brush export price amounted to $944 per thousand units, falling by -44.7% against the previous month. Overall, the export price showed a mild curtailment. The pace of growth was the most pronounced in January 2023 an increase of 153% against the previous month. Over the period under review, the average export prices attained the maximum at $1.7 per unit in October 2022; however, from November 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($1.1 per unit), while the average price for exports to Japan ($230 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Appliance Part Brush in Hong Kong SAR
In 2022, the amount of brushes constituting parts of appliances imported into Hong Kong SAR skyrocketed to 3.6M units, with an increase of 89% on the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, appliance part brush imports surged to $14M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Appliance Part Brush in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | 0.1 | 0.7 | 10.4 | 919.8% |
China | 2.2 | 2.0 | 2.7 | 1.7 | -8.2% |
Japan | 0.4 | 0.6 | 0.7 | 0.5 | 7.7% |
Singapore | 0.1 | N/A | N/A | 0.4 | 58.7% |
Vietnam | 0.8 | 1.1 | 1.5 | 0.4 | -20.6% |
Germany | 2.0 | 0.6 | 0.6 | 0.3 | -46.9% |
United States | 1.3 | 0.4 | 0.4 | 0.2 | -46.4% |
South Korea | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 0.1 | 0.4 | 0.2 | 0.2 | 26.0% |
Total | 7.0 | 5.4 | 7.1 | 14.2 | 26.6% |
Top Suppliers of Appliance Part Brush to Hong Kong SAR in 2022:
- Malaysia (2607.6K units)
- China (416.8K units)
- Japan (126.2K units)
- Singapore (111.5K units)
- Vietnam (106.2K units)
- Germany (74.4K units)
- United States (45.5K units)
- South Korea (39.6K units)
Exports of Appliance Part Brush in Hong Kong SAR
In 2022, the amount of brushes constituting parts of appliances exported from Hong Kong SAR surged to 2.7M units, rising by 147% on 2021 figures. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, appliance part brush exports soared to $12M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Appliance Part Brush in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.8 | 2.6 | 3.4 | 10.5 | 55.4% |
Malaysia | N/A | 0.4 | 0.5 | 0.3 | -13.4% |
United States | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
Others | 0.7 | 1.2 | 0.9 | 1.0 | 12.6% |
Total | 4.0 | 4.5 | 5.1 | 12.0 | 44.2% |
Top Export Markets for Appliance Part Brush from Hong Kong SAR in 2022:
- China (2352.7K units)
- Malaysia (65.0K units)
- United States (54.7K units)
This report provides an in-depth analysis of the appliance part brush 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 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)
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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