Hong Kong SAR, China - Self-Propelled Trucks Fitted With Lifting Or Handling Equipment, Non-Powered By An Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR - 2023
Contents:
- Price for Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (CIF) - 2023
- Price for Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (FOB) - 2022
- Imports of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR
- Exports of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR
Price for Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (CIF) - 2023
The average self-propelled non-electric fork-lift truck import price stood at $23,385 per unit in June 2023, increasing by 53% against the previous month. In general, the import price posted a measured expansion. The pace of growth was the most pronounced in January 2023 an increase of 82% against the previous month. The import price peaked at $30,285 per unit in September 2022; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($25,085 per unit), while the price for Japan amounted to $14,129 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.1%).
Price for Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (FOB) - 2022
The average self-propelled non-electric fork-lift truck export price stood at $14,760 per unit in 2022, shrinking by -21.9% against the previous year. Overall, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 66%. As a result, the export price attained the peak level of $18,907 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($22,803 per unit), while the average price for exports to Bulgaria ($2,696 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 Malaysia (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR
In 2022, the amount of self-propelled fork-lift trucks with non-electric motor imported into Hong Kong SAR shrank rapidly to 800 units, reducing by -28.4% compared with the previous year's figure. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 +36.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of 1.1K units, and then declined significantly in the following year.
In value terms, self-propelled non-electric fork-lift truck imports dropped to $14M in 2022. Overall, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, imports attained the peak figure at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.8 | 5.0 | 6.8 | 7.4 | 8.5% |
China | 8.9 | 3.1 | 7.6 | 6.3 | -10.9% |
Thailand | N/A | 1.4 | N/A | N/A | 0% |
Others | 0.9 | 0.3 | 0.5 | 0.1 | -51.9% |
Total | 15.7 | 9.8 | 14.9 | 13.8 | -4.2% |
Top Suppliers of Self-Propelled Non-Electric Fork-Lift Truck to Hong Kong SAR in 2022:
- Japan (464.0 units)
- China (322.0 units)
Exports of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR
In 2022, overseas shipments of self-propelled fork-lift trucks with non-electric motor increased by 64% to 223 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decline. Over the period under review, the exports hit record highs at 318 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, self-propelled non-electric fork-lift truck exports surged to $3.3M in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the peak figure at $4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Self-Propelled Non-Electric Fork-Lift Truck in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 676 | 664 | 410 | 1,244 | 22.5% |
United Arab Emirates | N/A | N/A | N/A | 1,014 | 0% |
Italy | 432 | 154 | 322 | 581 | 10.4% |
Singapore | 9.5 | 272 | 125 | 319 | 222.6% |
Vietnam | 298 | 106 | 49.4 | 40.9 | -48.4% |
Bulgaria | N/A | N/A | N/A | 18.9 | 0% |
Macao SAR | 73.2 | 63.7 | 146 | 12.8 | -44.1% |
China | 1,972 | 1,286 | 989 | N/A | -29.2% |
Iran | 268 | 74.7 | 107 | N/A | -36.8% |
Others | 260 | 41.1 | 423 | 60.3 | -38.6% |
Total | 3,990 | 2,662 | 2,571 | 3,291 | -6.2% |
Top Export Markets for Self-Propelled Non-Electric Fork-Lift Truck from Hong Kong SAR in 2022:
- Malaysia (79.0 units)
- United Arab Emirates (58.0 units)
- Italy (57.0 units)
- Singapore (14.0 units)
- Bulgaria (7.0 units)
- Macao SAR (2.0 units)
- Vietnam (1.0 units)
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck 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 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
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
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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
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in Hong Kong SAR, China.
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Explore the top import markets for self-propelled non-electric fork-lift trucks around the world. Learn about key statistics and import values in countries such as the United States, Canada, Netherlands, and more.
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