Price for Sailboards for Water Sport in Hong Kong SAR - 2023
Contents:
- Price for Sailboards for Water Sport in Hong Kong SAR (CIF) - 2022
- Price for Sailboards for Water Sport in Hong Kong SAR (FOB) - 2022
- Imports of Sailboards for Water Sport in Hong Kong SAR
- Exports of Sailboards for Water Sport in Hong Kong SAR
Price for Sailboards for Water Sport in Hong Kong SAR (CIF) - 2022
In 2022, the average sailboards for water sport import price amounted to $33 per unit, which is down by -16.6% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 133% against the previous year. Over the period under review, average import prices attained the peak figure at $204 per unit in 2018; however, from 2019 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 Thailand ($558 per unit), while the price for China stood at $30 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.1%).
Price for Sailboards for Water Sport in Hong Kong SAR (FOB) - 2022
The average sailboards for water sport export price stood at $41 per unit in 2022, declining by -28.5% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 209%. The export price peaked at $58 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($72 per unit), while the average price for exports to China ($30 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 Germany (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sailboards for Water Sport in Hong Kong SAR
In 2022, approx. 17K units of sailboards for water sport were imported into Hong Kong SAR; with a decrease of -15.1% compared with the previous year. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 176% against the previous year. As a result, imports reached the peak of 20K units, and then reduced markedly in the following year.
In value terms, sailboards for water sport imports shrank notably to $567K in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports reached the peak of $801K, and then dropped rapidly in the following year.
| Import of Sailboards for Water Sport in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 274 | 320 | 751 | 510 | 23.0% |
| Others | 213 | 100 | 50.9 | 57.7 | -35.3% |
| Total | 487 | 420 | 801 | 567 | 5.2% |
Top Suppliers of Sailboards for Water Sport to Hong Kong SAR in 2022:
- China (17.0K units)
Exports of Sailboards for Water Sport in Hong Kong SAR
In 2022, shipments abroad of sailboards for water sport was finally on the rise to reach 3.2K units after two years of decline. Overall, exports, however, faced a sharp downturn. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sailboards for water sport exports fell to $134K in 2022. Over the period under review, exports, however, saw a dramatic contraction. The exports peaked at $576K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Sailboards for Water Sport in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 390 | 90.9 | 35.0 | 46.9 | -50.6% |
| Germany | 2.5 | N/A | 28.9 | 46.7 | 165.3% |
| United States | 31.4 | 18.0 | 11.7 | 19.2 | -15.1% |
| Japan | 17.5 | 13.3 | 2.7 | 15.5 | -4.0% |
| Australia | 24.6 | 41.1 | 39.3 | 4.5 | -43.2% |
| France | 110 | 20.9 | 5.0 | 0.7 | -81.5% |
| Others | 0.5 | 0.5 | 29.9 | 0.5 | 0.0% |
| Total | 576 | 185 | 153 | 134 | -38.5% |
Top Export Markets for Sailboards for Water Sport from Hong Kong SAR in 2022:
- China (1561.0 units)
- Germany (906.0 units)
- United States (466.0 units)
- Japan (215.0 units)
- Australia (77.0 units)
- France (17.0 units)
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