Hong Kong SAR, China - Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Numerically Controlled Drilling Machine in Hong Kong SAR - 2023
Contents:
- Price for Numerically Controlled Drilling Machine in Hong Kong SAR (CIF) - 2023
- Price for Numerically Controlled Drilling Machine in Hong Kong SAR (FOB) - 2023
- Imports of Numerically Controlled Drilling Machine in Hong Kong SAR
- Exports of Numerically Controlled Drilling Machine in Hong Kong SAR
Price for Numerically Controlled Drilling Machine in Hong Kong SAR (CIF) - 2023
The average numerically controlled drilling machine import price stood at $229K per unit in July 2023, picking up by 14% against the previous month. Over the period from June 2023 to July 2023, it increased at an average monthly rate of +13.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2023 to July 2023, the rate of growth in terms of prices for China amounted to +13.6% per month.
Price for Numerically Controlled Drilling Machine in Hong Kong SAR (FOB) - 2023
The average numerically controlled drilling machine export price stood at $265K per unit in August 2023, increasing by 32% against the previous month. Overall, the export price recorded a tangible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From September 2022 to August 2023, the rate of growth in terms of prices for China amounted to +2.1% per month.
Imports of Numerically Controlled Drilling Machine in Hong Kong SAR
After three years of growth, overseas purchases of numerically controlled drilling machines for working metal decreased by -18.5% to 22 units in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 27 units, and then contracted rapidly in the following year.
In value terms, numerically controlled drilling machine imports declined sharply to $2.3M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of $2.8M, and then contracted dramatically in the following year.
Import of Numerically Controlled Drilling Machine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,090 | 1,101 | 1,772 | 890 | -6.5% |
United Kingdom | 171 | 219 | 302 | 675 | 58.0% |
Italy | 245 | 236 | 247 | 295 | 6.4% |
Japan | 161 | 57.4 | 154 | 175 | 2.8% |
South Korea | 99.4 | 105 | 120 | 157 | 16.5% |
Taiwan (Chinese) | 13.8 | 89.9 | 88.9 | 101 | 94.2% |
United States | 146 | 90.6 | 60.9 | 32.0 | -39.7% |
Singapore | 8.8 | 7.0 | 6.0 | 6.0 | -12.0% |
Thailand | N/A | 0.2 | 4.2 | 4.7 | 384.8% |
India | N/A | N/A | N/A | 0.4 | 0% |
Australia | N/A | N/A | 6.7 | N/A | 0% |
Others | N/A | N/A | 5.0 | N/A | 0% |
Total | 1,935 | 1,906 | 2,767 | 2,336 | 6.5% |
Top Suppliers of Numerically Controlled Drilling Machine to Hong Kong SAR in 2022:
- China (8.0 units)
- United States (3.0 units)
- India (3.0 units)
- Taiwan (Chinese) (2.0 units)
- Italy (1.0 units)
- Singapore (1.0 units)
- United Kingdom (1.0 units)
- Thailand (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
Exports of Numerically Controlled Drilling Machine in Hong Kong SAR
In 2022, shipments abroad of numerically controlled drilling machines for working metal decreased by -88.2% to 2 units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 11%. As a result, the exports attained the peak of 20 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, numerically controlled drilling machine exports surged to $424K in 2022. In general, exports, however, enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Numerically Controlled Drilling Machine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 27.2 | 24.2 | 4.6 | 424 | 149.8% |
Thailand | 0.1 | N/A | N/A | N/A | 0% |
Malaysia | 0.1 | 0.1 | N/A | N/A | 0.0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
India | 2.0 | 5.3 | 0.4 | N/A | -55.3% |
Indonesia | 3.5 | N/A | N/A | N/A | 0% |
Zambia | N/A | N/A | N/A | N/A | 0% |
Pakistan | 0.4 | 0.5 | 0.1 | N/A | -50.0% |
Taiwan (Chinese) | 45.5 | 46.0 | 7.5 | N/A | -59.4% |
Angola | 141 | 166 | 31.6 | N/A | -52.7% |
Israel | 0.9 | 0.5 | N/A | N/A | -44.4% |
Canada | 54.3 | 59.4 | 10.5 | N/A | -56.0% |
Brazil | 6.1 | 3.7 | 0.4 | N/A | -74.4% |
Others | 53.9 | 67.9 | 12.1 | N/A | -52.6% |
Total | 335 | 373 | 67.4 | 424 | 8.2% |
Top Export Markets for Numerically Controlled Drilling Machine from Hong Kong SAR in 2022:
- China (2.0 units)
This report provides an in-depth analysis of the market for numerically controlled drilling machine 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
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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