Hong Kong SAR, China - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Signalling Apparatus Price in Hong Kong SAR - 2023
Contents:
- Electrical Signalling Apparatus Price in Hong Kong SAR (FOB) - 2023
- Electrical Signalling Apparatus Price in Hong Kong SAR (CIF) - 2023
- Electrical Signalling Apparatus Exports in Hong Kong SAR
- Electrical Signalling Apparatus Imports in Hong Kong SAR
Electrical Signalling Apparatus Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average electrical signalling apparatus export price amounted to $441 per thousand units, surging by 1.8% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 41% month-to-month. The export price peaked at $564 per thousand units in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Japan ($1.2 per unit), while the average price for exports to Vietnam ($75.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Signalling Apparatus Price in Hong Kong SAR (CIF) - 2023
The average electrical signalling apparatus import price stood at $420 per thousand units in September 2023, growing by 12% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in July 2023 when the average import price increased by 42% month-to-month. The import price peaked at $641 per thousand units in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($420 per thousand units), while the price for Thailand ($83.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.4%), while the prices for the other major suppliers experienced a decline.
Electrical Signalling Apparatus Exports in Hong Kong SAR
After three years of growth, overseas shipments of electrical apparatus for sound or visual signalling decreased by -33.6% to 13M units in 2022. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Over the period under review, the exports attained the peak figure at 20M units in 2021, and then reduced rapidly in the following year.
In value terms, electrical signalling apparatus exports plummeted to $103M in 2022. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of $161M, and then fell notably in the following year.
Export of Electrical Signalling Apparatus in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 40.1 | 46.9 | 68.4 | 27.3 | -12.0% |
United States | 27.9 | 29.9 | 27.5 | 23.7 | -5.3% |
Germany | 6.7 | 7.4 | 9.7 | 8.5 | 8.3% |
Japan | 10.2 | 10.4 | 10.2 | 6.2 | -15.3% |
Netherlands | 4.0 | 4.4 | 4.4 | 4.1 | 0.8% |
India | 0.8 | 0.8 | 1.5 | 2.4 | 44.2% |
France | 4.1 | 2.1 | 2.4 | 2.3 | -17.5% |
Vietnam | 3.9 | 7.1 | 3.9 | 1.8 | -22.7% |
Australia | 2.2 | 3.4 | 3.4 | 1.7 | -8.2% |
United Kingdom | 5.0 | 5.5 | 3.4 | 1.2 | -37.9% |
Others | 25.8 | 21.0 | 25.9 | 24.1 | -2.2% |
Total | 131 | 139 | 161 | 103 | -7.7% |
Top Export Markets for Electrical Signalling Apparatus from Hong Kong SAR in 2022:
- China (3.5M units)
- United States (3.0M units)
- Germany (1.1M units)
- Japan (0.8M units)
- Netherlands (0.5M units)
- India (0.3M units)
- France (0.3M units)
- Australia (0.2M units)
- Vietnam (0.2M units)
- United Kingdom (0.1M units)
Electrical Signalling Apparatus Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of electrical apparatus for sound or visual signalling, which decreased by -36.6% to 11M units in 2022. Overall, imports saw a dramatic curtailment. The smallest decline of -27.8% was in 2021. Over the period under review, imports hit record highs at 48M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical signalling apparatus imports declined dramatically to $66M in 2022. In general, imports faced a precipitous contraction. The smallest decline of -20.3% was in 2021. Imports peaked at $235M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Electrical Signalling Apparatus in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 211 | 101 | 68.8 | 43.7 | -40.8% |
Vietnam | 0.9 | 0.7 | 7.7 | 6.6 | 94.3% |
United States | 5.5 | 3.4 | 2.9 | 5.0 | -3.1% |
Thailand | 3.1 | 3.1 | 3.0 | 1.8 | -16.6% |
Japan | 2.3 | 2.3 | 2.3 | 1.7 | -9.6% |
Philippines | 3.6 | 2.0 | 1.7 | 1.4 | -27.0% |
Germany | 0.6 | 0.7 | 0.8 | 1.4 | 32.6% |
Others | 7.9 | 9.1 | 9.9 | 4.8 | -15.3% |
Total | 235 | 122 | 97.2 | 66.4 | -34.4% |
Top Suppliers of Electrical Signalling Apparatus to Hong Kong SAR in 2022:
- China (7.2M units)
- Vietnam (1.1M units)
- United States (0.8M units)
- Japan (0.3M units)
- Thailand (0.3M units)
- Philippines (0.2M units)
- Germany (0.2M units)
This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.
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
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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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