Hong Kong SAR, China - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRadio Receiver Price in Hong Kong SAR - 2023
Contents:
- Radio Receiver Price in Hong Kong SAR (FOB) - 2022
- Radio Receiver Price in Hong Kong SAR (CIF) - 2022
- Radio Receiver Exports in Hong Kong SAR
- Radio Receiver Imports in Hong Kong SAR
Radio Receiver Price in Hong Kong SAR (FOB) - 2022
In 2022, the average radio receiver export price amounted to $33 per unit, declining by -8.6% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio receiver export price increased by +30.1% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. As a result, the export price attained the peak level of $36 per unit, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($99 per unit), while the average price for exports to Sweden ($14 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 China (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Receiver Price in Hong Kong SAR (CIF) - 2022
In 2022, the average radio receiver import price amounted to $5.9 per unit, which is down by -74.6% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 41%. As a result, import price attained the peak level of $23 per unit, and then declined significantly 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 China ($21 per unit), while the price for the United States ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.
Radio Receiver Exports in Hong Kong SAR
In 2022, radio receiver exports from Hong Kong SAR fell notably to 2.3M units, reducing by -61.2% compared with 2021. Over the period under review, exports faced a dramatic contraction. The smallest decline of -4.2% was in 2021. The exports peaked at 7.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, radio receiver exports reduced rapidly to $75M in 2022. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. The exports peaked at $230M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Radio Receiver in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 5.8 | 13.1 | 15.6 | 29.4% |
United States | 45.3 | 30.4 | 38.6 | 15.0 | -30.8% |
Japan | 21.3 | 15.4 | 15.0 | 4.1 | -42.3% |
Brazil | 3.9 | 3.2 | 2.6 | 3.7 | -1.7% |
Austria | 9.4 | 6.4 | 17.5 | 3.2 | -30.2% |
United Kingdom | 17.3 | 21.0 | 11.2 | 2.9 | -44.9% |
Germany | 56.7 | 37.3 | 42.5 | 2.7 | -63.8% |
Australia | 7.7 | 9.3 | 8.2 | 2.3 | -33.2% |
France | 4.2 | 4.4 | 8.1 | 2.2 | -19.4% |
Sweden | 0.8 | 0.7 | 0.6 | 1.9 | 33.4% |
Belgium | 3.2 | 1.3 | 8.0 | 1.4 | -24.1% |
Taiwan (Chinese) | 2.0 | 1.5 | 1.2 | 0.9 | -23.4% |
Canada | 1.9 | 1.4 | 1.7 | 0.8 | -25.0% |
Others | 49.2 | 45.9 | 44.6 | 18.7 | -27.6% |
Total | 230 | 184 | 213 | 75.4 | -31.0% |
Top Export Markets for Radio Receiver from Hong Kong SAR in 2022:
- United States (665.6K units)
- Japan (227.0K units)
- China (157.3K units)
- Austria (132.3K units)
- Sweden (132.2K units)
- Brazil (119.5K units)
- France (85.3K units)
- United Kingdom (69.8K units)
- Taiwan (Chinese) (59.3K units)
- Canada (50.2K units)
- Germany (46.7K units)
- Australia (40.5K units)
- Belgium (38.2K units)
Radio Receiver Imports in Hong Kong SAR
In 2022, purchases abroad of radio receivers was finally on the rise to reach 11M units after two years of decline. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, radio receiver imports shrank notably to $64M in 2022. Over the period under review, imports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked at $220M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Radio Receiver in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 196 | 130 | 161 | 50.5 | -36.4% |
United States | 5.0 | 3.9 | 1.4 | 2.8 | -17.6% |
Singapore | 3.3 | 2.5 | 1.2 | 2.1 | -14.0% |
Others | 16.1 | 9.9 | 10.0 | 8.7 | -18.5% |
Total | 220 | 146 | 173 | 64.1 | -33.7% |
Top Suppliers of Radio Receiver to Hong Kong SAR in 2022:
- United States (7.5M units)
- China (2.4M units)
- Singapore (0.8M units)
This report provides an in-depth analysis of the radio receiver 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
- Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
- Prodcom 26401290 - Radio receivers for motor vehicles, 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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In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...