Hong Kong SAR, China - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in Hong Kong SAR - 2023
Contents:
- Pacemaker Price in Hong Kong SAR (CIF) - 2022
- Pacemaker Price in Hong Kong SAR (FOB) - 2022
- Pacemaker Imports in Hong Kong SAR
- Pacemaker Exports in Hong Kong SAR
Pacemaker Price in Hong Kong SAR (CIF) - 2022
In 2022, the average pacemaker import price amounted to $6,038 per unit, declining by -3.4% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2017 when the average import price increased by 78%. Over the period under review, average import prices attained the peak figure at $6,254 per unit in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($15,711 per unit), while the price for the United States ($2,229 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pacemaker Price in Hong Kong SAR (FOB) - 2022
The average pacemaker export price stood at $5,025 per unit in 2022, dropping by -9.6% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 130% against the previous year. As a result, the export price attained the peak level of $7,844 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($18,675 per unit), while the average price for exports to Guatemala ($1,320 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 the Philippines (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Imports in Hong Kong SAR
In 2022, pacemaker imports into Hong Kong SAR dropped to 1.3K units, waning by -13.1% compared with the previous year's figure. Overall, imports saw a dramatic contraction. Over the period under review, imports attained the maximum at 5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, pacemaker imports reduced sharply to $8M in 2022. In general, imports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 27%. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Pacemaker in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 2.0 | 2.2 | 3.7 | 3.3 | 18.2% |
Germany | 3.3 | 1.8 | 2.9 | 2.4 | -10.1% |
Belgium | 0.9 | 2.1 | 2.7 | 2.3 | 36.7% |
United States | 2.1 | 0.2 | N/A | 0.1 | -63.8% |
South Korea | 1.3 | N/A | N/A | N/A | 0% |
Singapore | 9.6 | 1.3 | N/A | N/A | -86.5% |
Others | 1.3 | N/A | 0.2 | N/A | -60.8% |
Total | 20.4 | 7.6 | 9.6 | 8.0 | -26.8% |
Top Suppliers of Pacemaker to Hong Kong SAR in 2022:
- Belgium (646.0 units)
- Germany (416.0 units)
- Ireland (209.0 units)
- United States (44.0 units)
- Singapore (2.0 units)
- South Korea (2.0 units)
Pacemaker Exports in Hong Kong SAR
In 2022, after three years of growth, there was decline in shipments abroad of pacemakers for stimulating heart muscles (excl. parts and accessories), when their volume decreased by -2.3% to 42 units. The total export volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, the exports reached the peak of 43 units, and then fell slightly in the following year.
In value terms, pacemaker exports contracted to $211K in 2022. Overall, exports showed a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. The exports peaked at $241K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Pacemaker in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 125 | 101 | 135 | 116 | -2.5% |
Taiwan (Chinese) | N/A | 103 | N/A | 20.0 | -55.9% |
China | 23.2 | N/A | 73.5 | 18.7 | -6.9% |
Belgium | N/A | N/A | N/A | 14.4 | 0% |
United States | 18.4 | 0.5 | 18.6 | 12.0 | -13.3% |
Macao SAR | 32.7 | N/A | N/A | 9.8 | -33.1% |
Ecuador | N/A | N/A | N/A | 7.9 | 0% |
Guatemala | N/A | N/A | N/A | 1.3 | 0% |
Chile | N/A | N/A | 3.6 | N/A | 0% |
Others | 42.1 | N/A | 10.9 | 11.5 | -35.1% |
Total | 241 | 204 | 241 | 211 | -4.3% |
Top Export Markets for Pacemaker from Hong Kong SAR in 2022:
- Germany (14.0 units)
- Taiwan (Chinese) (9.0 units)
- Belgium (7.0 units)
- United States (3.0 units)
- Ecuador (3.0 units)
- Macao SAR (3.0 units)
- Guatemala (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the pacemaker 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 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
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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