Hong Kong SAR, China - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in Hong Kong SAR - 2023
Contents:
- Measuring Instrument Price in Hong Kong SAR (CIF) - 2023
- Measuring Instrument Price in Hong Kong SAR (FOB) - 2023
- Measuring Instrument Imports in Hong Kong SAR
- Measuring Instrument Exports in Hong Kong SAR
Measuring Instrument Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average measuring instrument import price amounted to $2.6 per unit, shrinking by -74.4% against the previous month. Over the period under review, the import price, however, continues to indicate modest growth. The growth pace was the most rapid in July 2022 an increase of 199% m-o-m. The import price peaked at $10.0 per unit in May 2023, and then fell markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($2.5 per unit), while the price for China amounted to $1.3 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+8.3%).
Measuring Instrument Price in Hong Kong SAR (FOB) - 2023
The average measuring instrument export price stood at $14.2 per unit in June 2023, falling by -62.7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 316% m-o-m. As a result, the export price attained the peak level of $66.2 per unit. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($36.1 per unit), while the average price for exports to China ($7.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.6%), while the prices for the other major destinations experienced a decline.
Measuring Instrument Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of instruments and apparatus for measuring or checking the flow or level of liquids, when their volume decreased by -78.3% to 3M units. Overall, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 14M units, and then dropped sharply in the following year.
In value terms, measuring instrument imports contracted markedly to $28M in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 1.8% against the previous year. Imports peaked at $39M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Measuring Instrument in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.7 | 10.9 | 10.8 | 10.7 | -2.9% |
Germany | 11.6 | 10.7 | 8.2 | 4.8 | -25.5% |
United States | 3.0 | 3.1 | 2.9 | 3.6 | 6.3% |
United Kingdom | 3.4 | 2.4 | 3.0 | 2.7 | -7.4% |
Switzerland | 2.0 | 2.6 | 3.0 | 2.2 | 3.2% |
Others | 7.0 | 4.3 | 6.7 | 4.5 | -13.7% |
Total | 38.8 | 34.0 | 34.7 | 28.5 | -9.8% |
Top Suppliers of Measuring Instrument to Hong Kong SAR in 2022:
- China (2619.0K units)
- United States (111.6K units)
- Germany (74.3K units)
- United Kingdom (64.2K units)
- Switzerland (42.8K units)
Measuring Instrument Exports in Hong Kong SAR
In 2022, exports of instruments and apparatus for measuring or checking the flow or level of liquids from Hong Kong SAR reduced notably to 97K units, with a decrease of -98% against the year before. In general, exports faced a precipitous setback. The smallest decline of -1.4% was in 2021. Over the period under review, the exports attained the peak figure at 5.3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, measuring instrument exports skyrocketed to $28M in 2022. Over the period under review, exports continue to indicate a mild setback. Over the period under review, the exports reached the peak figure at $29M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Measuring Instrument in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.2 | 16.1 | 14.1 | 17.9 | 1.3% |
United States | 2.1 | 2.0 | 1.7 | 1.5 | -10.6% |
Germany | 2.4 | 1.1 | 1.7 | 1.5 | -14.5% |
France | 1.5 | 0.9 | 1.1 | 1.3 | -4.7% |
Australia | 0.5 | 1.1 | 0.7 | 0.1 | -41.5% |
Others | 5.4 | 2.6 | 4.1 | 5.2 | -1.3% |
Total | 29.1 | 23.8 | 23.5 | 27.6 | -1.7% |
Top Export Markets for Measuring Instrument from Hong Kong SAR in 2022:
- China (87.5K units)
- United States (3.1K units)
- France (1.9K units)
- Germany (1.6K units)
- Australia (0.1K units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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
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In May 2023, the price of Test And Measurement was $7.8 per unit (FOB, Hong Kong), representing a decline of -3.6% compared to the previous month.
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In May 2023, the price of Test And Measurement was $7.8 per unit (FOB, Hong Kong), representing a decline of -3.6% compared to the previous month.