Significant Decrease in Australia's Television Receiver Price: Now $278 per Unit

Australia Television Receiver Import Price in June 2023

In June 2023, the television receiver price amounted to $278 per unit (CIF, Australia), which is down by -30.2% against the previous month. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in October 2022 an increase of 16% month-to-month. As a result, import price attained the peak level of $398K per thousand units. From November 2022 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 Malaysia ($1,076 per unit), while the price for China ($211 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 Malaysia (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Australia Television Receiver Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen ($2,569 per unit), while the price for tuner blocks ($103 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 reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (+6.2%), while the prices for the other products experienced mixed trend patterns.

Australia Television Receiver Imports

In June 2023, purchases abroad of television receivers was finally on the rise to reach 223K units after two months of decline. Overall, imports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in March 2023 when imports increased by 43% m-o-m. Over the period under review, imports attained the peak figure at 397K units in September 2022; however, from October 2022 to June 2023, imports remained at a lower figure.

In value terms, television receiver imports declined sharply to $62M (IndexBox estimates) in June 2023. In general, imports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in March 2023 with an increase of 57% m-o-m. Imports peaked at 137M units in September 2022; however, from October 2022 to June 2023, imports stood at a somewhat lower figure.

Australia Television Receiver Imports by Type

In June 2023, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen (161K units) constituted the largest type of television receiver supplied to Australia, with a 72% share of total imports. Moreover, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen exceeded the figures recorded for the second-largest type, tuner blocks (63K units), threefold.

From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen amounted to -4.8%. With regard to the other supplied products, the following average monthly rates of growth were recorded: tuner blocks (+8.8% per month) and reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (-15.0% per month).

In value terms, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen ($56M) constituted the largest type of television receiver supplied to Australia, comprising 90% of total imports. The second position in the ranking was held by tuner blocks ($6.5M), with a 10% share of total imports.

Australia Television Receiver Imports by Country

China (124K units), Vietnam (80K units) and Indonesia (9K units) were the main suppliers of television receiver imports to Australia, with a combined 95% share of total imports.

From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +5.6%), while imports for the other leaders experienced a decline.

In value terms, the largest television receiver suppliers to Australia were China ($26M), Vietnam ($24M) and Malaysia ($6.8M), together accounting for 92% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of -1.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform