Hong Kong SAR, China - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephone Price in Hong Kong SAR - 2023
Contents:
- Telephone Price in Hong Kong SAR (FOB) - 2022
- Telephone Price in Hong Kong SAR (CIF) - 2022
- Telephone Exports in Hong Kong SAR
- Telephone Imports in Hong Kong SAR
Telephone Price in Hong Kong SAR (FOB) - 2022
In 2022, the average telephone export price amounted to $23 per unit, surging by 16% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($46 per unit), while the average price for exports to Bangladesh ($5.1 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 Japan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Telephone Price in Hong Kong SAR (CIF) - 2022
The average telephone import price stood at $23 per unit in 2022, increasing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($41 per unit), while the price for China ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Telephone Exports in Hong Kong SAR
In 2022, approx. 8M units of telephones and videophones were exported from Hong Kong SAR; waning by -28.6% on the year before. Over the period under review, exports showed a abrupt slump. The smallest decline of -1.1% was in 2021. Over the period under review, the exports hit record highs at 13M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, telephone exports reduced markedly to $184M in 2022. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 10% against the previous year. Over the period under review, the exports reached the peak figure at $230M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Telephone in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.3 | 65.4 | 68.5 | 36.0 | -14.4% |
| Netherlands | 18.7 | 9.0 | 15.4 | 24.1 | 8.8% |
| Sweden | 7.1 | 8.0 | 17.4 | 18.6 | 37.9% |
| Japan | 26.3 | 27.9 | 23.5 | 16.6 | -14.2% |
| France | 30.8 | 20.9 | 18.1 | 16.1 | -19.4% |
| Germany | 16.0 | 14.0 | 13.1 | 11.8 | -9.7% |
| China | 6.9 | 4.9 | 6.0 | 9.9 | 12.8% |
| United Kingdom | 6.8 | 10.7 | 6.6 | 6.3 | -2.5% |
| South Korea | 0.7 | 0.2 | 0.7 | 3.6 | 72.6% |
| Malaysia | 3.8 | 2.2 | 2.1 | 2.5 | -13.0% |
| Belgium | 0.5 | 0.3 | 3.5 | 2.3 | 66.3% |
| Spain | 1.9 | 3.4 | 4.7 | 2.0 | 1.7% |
| Bangladesh | 0.2 | N/A | N/A | 1.5 | 95.7% |
| Others | 53.3 | 33.7 | 41.9 | 32.5 | -15.2% |
| Total | 230 | 201 | 222 | 184 | -7.2% |
Top Export Markets for Telephone from Hong Kong SAR in 2022:
- United States (2097.4K units)
- Netherlands (691.7K units)
- France (683.1K units)
- Sweden (571.3K units)
- Japan (364.1K units)
- China (328.1K units)
- Germany (321.6K units)
- Bangladesh (299.9K units)
- United Kingdom (282.4K units)
- Belgium (282.1K units)
- South Korea (253.6K units)
- Malaysia (169.8K units)
- Spain (134.2K units)
Telephone Imports in Hong Kong SAR
Telephone imports into Hong Kong SAR declined dramatically to 3.5M units in 2022, falling by -50.2% on the previous year. Over the period under review, imports faced a sharp curtailment. The smallest decline of -2.6% was in 2021. Over the period under review, imports hit record highs at 9.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, telephone imports fell notably to $81M in 2022. In general, imports showed a significant decline. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. Over the period under review, imports attained the peak figure at $164M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Telephone in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 132 | 110 | 117 | 66.1 | -20.6% |
| United States | 24.6 | 5.5 | 8.1 | 7.8 | -31.8% |
| Malaysia | 1.9 | 1.1 | 1.7 | 2.0 | 1.7% |
| Others | 5.7 | 3.2 | 4.8 | 5.0 | -4.3% |
| Total | 164 | 120 | 132 | 81.0 | -21.0% |
Top Suppliers of Telephone to Hong Kong SAR in 2022:
- China (3068.4K units)
- United States (190.3K units)
- Malaysia (85.6K units)
This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
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.
-
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
-
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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