Hong Kong SAR, China - Steam Or Sand Blasting Machines And Similar Jet-Projecting Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Steam Or Sand Blasting Machines And Similar Jet-Projecting Machines - Market Analysis, Forecast, Size, Trends And Insights

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Steam Blasting Machine Price in Hong Kong SAR - 2023

Contents:

  1. Steam Blasting Machine Price in Hong Kong SAR (CIF) - 2023
  2. Steam Blasting Machine Price in Hong Kong SAR (FOB) - 2022
  3. Steam Blasting Machine Imports in Hong Kong SAR
  4. Steam Blasting Machine Exports in Hong Kong SAR

Steam Blasting Machine Price in Hong Kong SAR (CIF) - 2023

In September 2023, the average steam blasting machine import price amounted to $580 per unit, dropping by -36.2% against the previous month. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in March 2023 an increase of 262% month-to-month. Over the period under review, average import prices attained the peak figure at $1,471 per unit in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($1,052 per unit), while the price for Italy ($312 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced a decline.

Steam Blasting Machine Price in Hong Kong SAR (FOB) - 2022

In 2022, the average steam blasting machine export price amounted to $787 per unit, growing by 75% against the previous year. Over the period under review, the export price showed buoyant growth. The export price peaked at $812 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($882 per unit), while the average price for exports to the United States totaled $37 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.0%).

Steam Blasting Machine Imports in Hong Kong SAR

Steam blasting machine imports into Hong Kong SAR fell markedly to 6.7K units in 2022, reducing by -59.7% on the year before. In general, imports faced a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked at 38K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, steam blasting machine imports contracted notably to $3.4M in 2022. Over the period under review, imports saw a significant curtailment. The smallest decline of -10.2% was in 2021. Over the period under review, imports reached the peak figure at $20M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Steam Blasting Machine in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.12.91.51.10.0%
Germany2.01.81.10.9-23.4%
China14.11.32.40.8-61.6%
Italy1.00.61.00.3-33.1%
MalaysiaN/AN/AN/A0.20%
Others2.21.71.40.1-64.3%
Total20.38.37.53.4-44.9%

Top Suppliers of Steam Blasting Machine to Hong Kong SAR in 2022:

  1. Germany (2.7K units)
  2. China (1.7K units)
  3. Austria (1.2K units)
  4. Italy (0.9K units)
  5. Malaysia (0.2K units)

Steam Blasting Machine Exports in Hong Kong SAR

In 2022, exports of steam or sand blasting machines and similar jet-projecting machines from Hong Kong SAR rose markedly to 7.2K units, increasing by 14% against the previous year. Over the period under review, exports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The exports peaked at 19K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, steam blasting machine exports surged to $5.6M in 2022. In general, exports, however, showed a sharp decrease. Over the period under review, the exports hit record highs at $16M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Steam Blasting Machine in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.43.22.55.2-30.4%
United States0.10.10.1N/A0.0%
Others0.30.20.30.410.1%
Total15.83.52.85.6-29.2%

Top Export Markets for Steam Blasting Machine from Hong Kong SAR in 2022:

  1. China (5.9K units)
  2. United States (1.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steam blasting machine 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 28292230 - Steam or sand blasting machines and similar jet-projecting machines (excluding fire extinguishers, spray guns and similar appliances)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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