Hong Kong SAR, China - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR - 2023
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (FOB) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (CIF) - 2022
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR
Price for Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $25,734 per ton, growing by 22% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hand-operated drilling, threading or tapping tools decreased by -29.7% against 2019 indices. Over the period under review, the average export prices attained the maximum at $36,601 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($25,744 per ton) and Australia ($25,739 per ton), while the average price for exports to Japan ($25,731 per ton) and China ($25,732 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $23,938 per ton, dropping by -9.1% against the previous year. Over the period under review, the import price, however, continues to indicate a mild expansion. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, average import prices reached the peak figure at $26,625 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($23,949 per ton) and China ($23,942 per ton), while the price for Germany ($23,913 per ton) and the United States ($23,919 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR
In 2022, overseas shipments of hand-operated drilling, threading or tapping tools decreased by -74.2% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 84%.
In value terms, exports of hand-operated drilling, threading or tapping tools reduced remarkably to $378K in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 69%.
| Export of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 505 | 828 | 873 | 135 | -35.6% |
| China | 99.3 | 150 | 78.2 | 91.5 | -2.7% |
| Japan | N/A | 39.2 | 80.9 | 57.0 | 20.6% |
| United Kingdom | 56.7 | 129 | 86.7 | 31.2 | -18.1% |
| Germany | 26.1 | 28.9 | 71.8 | 29.1 | 3.7% |
| Australia | N/A | 3.9 | 8.4 | 23.8 | 147.0% |
| Others | 15.5 | 9.8 | 2.2 | 10.4 | -12.5% |
| Total | 702 | 1,189 | 1,201 | 378 | -18.6% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from Hong Kong SAR in 2022:
- United States (5.2 tons)
- China (3.6 tons)
- Japan (2.2 tons)
- United Kingdom (1.2 tons)
- Germany (1.1 tons)
- Australia (0.9 tons)
Imports of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR
In 2022, supplies from abroad of hand-operated drilling, threading or tapping tools decreased by -39.3% to 4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hand-operated drilling, threading or tapping tools fell sharply to $96K in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports attained the peak of $237K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Hand-Operated Drilling, Threading or Tapping Tool in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 79.0 | 80.4 | 104 | 45.3 | -16.9% |
| China | 21.9 | 152 | 61.3 | 19.2 | -4.3% |
| United Kingdom | 2.1 | 0.6 | 0.6 | 15.6 | 95.1% |
| United States | 12.4 | 3.4 | 4.2 | 11.0 | -3.9% |
| Germany | 10.8 | 0.5 | 3.3 | 4.7 | -24.2% |
| Others | 1.5 | 0.1 | N/A | N/A | -93.3% |
| Total | 128 | 237 | 174 | 95.8 | -9.2% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to Hong Kong SAR in 2022:
- Japan (1892.0 kg)
- China (804.0 kg)
- United Kingdom (653.0 kg)
- United States (458.0 kg)
- Germany (195.0 kg)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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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