Hong Kong SAR, China - Electro-Diagnostic Apparatus, And Ultra-Violet Or Infra-Red Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDiagnostic Equipment Price in Hong Kong SAR - 2023
Contents:
- Diagnostic Equipment Price in Hong Kong SAR (CIF) - 2022
- Diagnostic Equipment Price in Hong Kong SAR (FOB) - 2022
- Diagnostic Equipment Imports in Hong Kong SAR
- Diagnostic Equipment Exports in Hong Kong SAR
Diagnostic Equipment Price in Hong Kong SAR (CIF) - 2022
The average diagnostic equipment import price stood at $98 per unit in 2022, reducing by -5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $122 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($119 per unit), while the price for Taiwan (Chinese) ($59 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Diagnostic Equipment Price in Hong Kong SAR (FOB) - 2022
In 2022, the average diagnostic equipment export price amounted to $122 per unit, reducing by -9.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 an increase of 32%. Over the period under review, the average export prices attained the peak figure at $140 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($202 per unit), while the average price for exports to Italy ($68 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 (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Diagnostic Equipment Imports in Hong Kong SAR
In 2022, imports of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus into Hong Kong SAR surged to 8.7M units, with an increase of 39% on the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.3% 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 +106.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, diagnostic equipment imports soared to $850M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Diagnostic Equipment in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 341 | 412 | 420 | 597 | 20.5% |
United States | 63.2 | 61.0 | 80.3 | 79.4 | 7.9% |
Germany | 29.3 | 38.5 | 41.8 | 45.6 | 15.9% |
Taiwan (Chinese) | 1.5 | 6.3 | 12.4 | 24.5 | 153.7% |
Japan | 17.8 | 19.4 | 30.2 | 21.6 | 6.7% |
Singapore | 5.9 | 6.1 | 11.5 | 16.6 | 41.2% |
Netherlands | 1.8 | 13.6 | 8.7 | 12.9 | 92.8% |
Ireland | 6.7 | 6.0 | 8.7 | 9.5 | 12.3% |
Others | 47.5 | 32.9 | 36.5 | 43.4 | -3.0% |
Total | 514 | 596 | 650 | 850 | 18.3% |
Top Suppliers of Diagnostic Equipment to Hong Kong SAR in 2022:
- China (4993.9K units)
- United States (1013.4K units)
- Germany (683.9K units)
- Taiwan (Chinese) (418.0K units)
- Japan (344.2K units)
- Singapore (269.1K units)
- Netherlands (176.3K units)
- Ireland (163.2K units)
Diagnostic Equipment Exports in Hong Kong SAR
In 2022, the amount of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus exported from Hong Kong SAR skyrocketed to 5.7M units, picking up by 22% on the year before. The total export volume increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, diagnostic equipment exports rose significantly to $699M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Diagnostic Equipment in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 129 | 109 | 105 | 102 | -7.5% |
Netherlands | 53.6 | 73.9 | 70.8 | 64.7 | 6.5% |
India | 32.2 | 26.2 | 49.6 | 55.7 | 20.0% |
Australia | 3.9 | 8.0 | 6.8 | 50.3 | 134.5% |
Russia | 33.5 | 50.2 | 54.2 | 48.0 | 12.7% |
United States | 13.1 | 17.5 | 28.1 | 41.9 | 47.3% |
Japan | 23.9 | 15.2 | 24.2 | 41.4 | 20.1% |
Italy | 21.1 | 21.0 | 23.9 | 21.7 | 0.9% |
Mexico | 15.1 | 16.7 | 15.6 | 14.4 | -1.6% |
Indonesia | 11.5 | 11.7 | 5.2 | 11.9 | 1.1% |
Brazil | 12.1 | 8.9 | 10.2 | 11.7 | -1.1% |
Colombia | 8.2 | 9.8 | 9.4 | 9.9 | 6.5% |
Thailand | 8.3 | 6.0 | 11.7 | 9.6 | 5.0% |
Others | 166 | 184 | 220 | 215 | 9.0% |
Total | 531 | 558 | 634 | 699 | 9.6% |
Top Export Markets for Diagnostic Equipment from Hong Kong SAR in 2022:
- China (909.5K units)
- Netherlands (641.5K units)
- Australia (453.8K units)
- United States (352.2K units)
- Japan (320.7K units)
- Italy (320.3K units)
- India (294.9K units)
- Russia (237.1K units)
- Brazil (140.3K units)
- Mexico (129.3K units)
- Thailand (116.7K units)
- Indonesia (107.4K units)
- Colombia (73.5K units)
This report provides an in-depth analysis of the diagnostic equipment 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 26601230 - Electro-cardiographs
- Prodcom 26601280 - Electro-diagnostic, apparatus (excluding electrocardiographs), n .e.c.
- Prodcom 26601300 - Ultraviolet or infrared apparatus used in medical, surgical, d ental or veterinary sciences
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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