Liquid Elevators Price in Hong Kong SAR - 2023

Contents:

  1. Liquid Elevators Price in Hong Kong SAR (CIF) - 2023
  2. Liquid Elevators Price in Hong Kong SAR (FOB) - 2022
  3. Liquid Elevators Imports in Hong Kong SAR
  4. Liquid Elevators Exports in Hong Kong SAR

Liquid Elevators Price in Hong Kong SAR (CIF) - 2023

The average liquid elevators import price stood at $292 per unit in September 2023, remaining relatively unchanged against the previous month. In general, the import price, however, saw a slight curtailment. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 46% m-o-m. The import price peaked at $401 per unit in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.

Liquid Elevators Price in Hong Kong SAR (FOB) - 2022

In 2022, the average liquid elevators export price amounted to $1,435 per unit, jumping by 173% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The export price peaked at $2,103 per unit in 2017; however, from 2018 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 Macao SAR ($7,279 per unit), while the average price for exports to China totaled $968 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+137.7%).

Liquid Elevators Imports in Hong Kong SAR

In 2022, imports of liquid elevatorses into Hong Kong SAR skyrocketed to 6.1K units, increasing by 19% on the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 200%. As a result, imports reached the peak of 8.9K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, liquid elevators imports surged to $1.9M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 180% against the previous year. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Liquid Elevators in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.72.11.41.939.5%
OthersN/AN/AN/AN/A0%
Total0.72.11.41.939.5%

Top Suppliers of Liquid Elevators to Hong Kong SAR in 2022:

  1. United States (6.1K units)

Liquid Elevators Exports in Hong Kong SAR

In 2022, the amount of liquid elevatorses exported from Hong Kong SAR dropped remarkably to 27 units, with a decrease of -75.9% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous decrease. The smallest decline of -11.8% was in 2021. Over the period under review, the exports reached the maximum at 252 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, liquid elevators exports plummeted to $39K in 2022. Overall, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, the exports reached the peak of $59K, and then contracted dramatically in the following year.

Export of Liquid Elevators in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A7.325.924.282.1%
Macao SAR56.726.632.914.6-36.4%
OthersN/AN/AN/AN/A0%
Total56.733.958.838.8-11.9%

Top Export Markets for Liquid Elevators from Hong Kong SAR in 2022:

  1. China (25.0 units)
  2. Macao SAR (2.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Liquid elevators - Hong Kong SAR