Hong Kong SAR, China - Telephonic Or Telegraphic Switching Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephonic Switching Apparatus Price in Hong Kong SAR - 2023
Contents:
- Telephonic Switching Apparatus Price in Hong Kong SAR (FOB) - 2023
- Telephonic Switching Apparatus Price in Hong Kong SAR (CIF) - 2023
- Telephonic Switching Apparatus Exports in Hong Kong SAR
- Telephonic Switching Apparatus Imports in Hong Kong SAR
Telephonic Switching Apparatus Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average telephonic switching apparatus export price amounted to $63.0 per unit, falling by -23.6% against the previous month. Overall, export price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, telephonic switching apparatus export price decreased by -23.6% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 41% month-to-month. The export price peaked at $82.4 per unit in May 2023, and then declined rapidly in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($308 per unit), while the average price for exports to Vietnam ($25.9 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Telephonic Switching Apparatus Price in Hong Kong SAR (CIF) - 2023
The average telephonic switching apparatus import price stood at $54.1 per unit in June 2023, growing by 16% against the previous month. Over the period under review, import price indicated a buoyant increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, telephonic switching apparatus import price decreased by -16.1% against April 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 44% against the previous month. As a result, import price attained the peak level of $64.4 per unit. From May 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($112 per unit), while the price for South Korea ($7.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Telephonic Switching Apparatus Exports in Hong Kong SAR
Telephonic switching apparatus exports from Hong Kong SAR rose notably to 122M units in 2022, increasing by 13% on 2021. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, telephonic switching apparatus exports rose significantly to $14.6B in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Telephonic Switching Apparatus in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 1,739 | 1,607 | 2,255 | 13.9% | |
Netherlands | 2,056 | 1,754 | 2,176 | 2.9% | |
United States | 1,233 | 1,234 | 1,324 | 3.6% | |
Japan | 1,095 | 1,243 | 721 | -18.9% | |
India | 611 | 595 | 686 | 6.0% | |
Singapore | 608 | 545 | 630 | 1.8% | |
Australia | 609 | 481 | 517 | -7.9% | |
Russia | 218 | 296 | 419 | 38.6% | |
Germany | 224 | 280 | 348 | 24.6% | |
Taiwan (Chinese) | 327 | 300 | 327 | 0.0% | |
South Korea | 304 | 282 | 303 | -0.2% | |
United Arab Emirates | 0.4 | 0.4 | 295 | 2615.7% | |
Canada | 253 | 211 | 232 | -4.2% | |
Others | 3,138 | 3,285 | 3,540 | 6.2% | |
Total | 12,417 | 12,112 | 13,772 | 5.3% |
Top Export Markets for Telephonic Switching Apparatus from Hong Kong SAR in 2022:
- China (7.6M units)
- Netherlands (7.3M units)
- United States (4.4M units)
- Japan (2.4M units)
- India (2.3M units)
- Singapore (2.1M units)
- Australia (1.7M units)
- Russia (1.4M units)
- Germany (1.2M units)
- Taiwan (Chinese) (1.1M units)
- United Arab Emirates (1.0M units)
- South Korea (1.0M units)
- Canada (0.8M units)
Telephonic Switching Apparatus Imports in Hong Kong SAR
In 2022, telephonic switching apparatus imports into Hong Kong SAR expanded to 65M units, with an increase of 4.5% against the year before. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 6.3%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, telephonic switching apparatus imports rose notably to $9.6B in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Telephonic Switching Apparatus in Hong Kong SAR (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 5.4 | 5.7 | 6.4 | 8.9% | |
Singapore | 0.1 | 0.2 | 0.4 | 100.0% | |
Malaysia | 0.3 | 0.3 | 0.4 | 15.5% | |
United States | 0.4 | 0.3 | 0.3 | -13.4% | |
Vietnam | N/A | 0.1 | 0.2 | 100.0% | |
Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.0% | |
Thailand | 0.3 | 0.3 | 0.1 | -42.3% | |
Others | 0.7 | 0.8 | 0.7 | 0.0% | |
Total | 7.3 | 7.7 | 8.6 | 8.5% |
Top Suppliers of Telephonic Switching Apparatus to Hong Kong SAR in 2022:
- China (19.8M units)
- Malaysia (1.2M units)
- Singapore (1.1M units)
- United States (0.9M units)
- Vietnam (0.6M units)
- Taiwan (Chinese) (0.4M units)
- Thailand (0.4M units)
This report provides an in-depth analysis of the telephonic switching 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 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
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
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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 telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
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From October 2023 to November 2023, imports of Transmission Apparatus experienced a slight decrease, with the value dropping to $3.3B in November 2023.
In October 2022, imports of Transmission Apparatus reached the highest point at 12 million units. However, from November 2022 to October 2023, the number of imports remained slightly lower. In terms of value, the imports of Transmission Apparatus dropped to $3.6 billion in October 2023.