Hong Kong SAR, China - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR - 2022

Contents:

  1. Price for Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (CIF) - 2022
  2. Price for Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (FOB) - 2022
  3. Imports of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR
  4. Exports of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR

Price for Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (CIF) - 2022

The average import price for numerically controlled knee-type milling machines for working metal stood at $19,115 per unit in 2022, reducing by -36.7% against the previous year. Overall, the import price showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 an increase of 275% against the previous year. Over the period under review, average import prices reached the peak figure at $250,164 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the Netherlands ($164,936 per unit), while the price for Singapore ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.6%), while the prices for the other major suppliers experienced a decline.

Price for Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for numerically controlled knee-type milling machines for working metal amounted to $1,062 per unit, picking up by 623% against the previous year. Overall, the export price, however, continues to indicate a precipitous decrease. The export price peaked at $125,278 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($6,911 per unit), while the average price for exports to Portugal ($2 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 India (+13.9%), while the prices for the other major destinations experienced a decline.

Imports of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR

In 2022, the amount of numerically controlled knee-type milling machines for working metal imported into Hong Kong SAR totaled 9 units, stabilizing at the year before. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, numerically controlled knee-type milling machine imports fell dramatically to $172K in 2022. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 275% against the previous year. Imports peaked at $361K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands33670.3253165-21.1%
Switzerland13.2N/A6.93.8-34.0%
Taiwan (Chinese)3.50.61.91.1-32.0%
Germany3.10.51.60.8-36.3%
China1.70.51.40.8-22.2%
Japan2.60.41.10.5-42.3%
United States0.2N/A0.10.1-20.6%
United KingdomN/AN/A5.7N/A0%
Singapore0.2N/A0.1N/A-29.3%
AustraliaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total36172.4272172-21.9%

Top Suppliers of Numerically Controlled Knee-Type Milling Machine to Hong Kong SAR in 2022:

  1. Australia (1.0 units)
  2. Taiwan (Chinese) (1.0 units)
  3. Singapore (1.0 units)
  4. United States (1.0 units)
  5. Netherlands (1.0 units)
  6. Germany (1.0 units)
  7. Japan (1.0 units)
  8. Switzerland (1.0 units)
  9. China (1.0 units)

Exports of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR

After two years of decline, overseas shipments of numerically controlled knee-type milling machines for working metal increased by 111% to 19 units in 2022. In general, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled knee-type milling machine exports soared to $20K in 2022. Over the period under review, exports, however, saw a precipitous shrinkage. The exports peaked at $239K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Numerically Controlled Knee-Type Milling Machine in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France73.112.80.47.6-53.0%
China14219.30.56.9-63.5%
India18.54.70.44.3-38.5%
Philippines1.71.80.10.8-22.2%
Brunei DarussalamN/AN/AN/A0.20%
Pakistan1.10.2N/A0.1-55.0%
United States1.40.2N/A0.1-58.5%
Chile0.1N/AN/AN/A0%
PortugalN/AN/AN/AN/A0%
Czech Republic0.1N/AN/AN/A0%
MadagascarN/AN/AN/AN/A0%
Brazil0.70.1N/AN/A-85.7%
OthersN/AN/AN/A0.20%
Total23939.11.320.2-56.1%

Top Export Markets for Numerically Controlled Knee-Type Milling Machine from Hong Kong SAR in 2022:

  1. France (8.0 units)
  2. Brazil (1.0 units)
  3. Pakistan (1.0 units)
  4. Czech Republic (1.0 units)
  5. Portugal (1.0 units)
  6. Philippines (1.0 units)
  7. India (1.0 units)
  8. Brunei Darussalam (1.0 units)
  9. United States (1.0 units)
  10. China (1.0 units)
  11. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for numerically controlled knee-type milling machine 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 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)

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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