Hong Kong SAR, China - Telephone Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHong Kong Sees a 9% Rise in Telephone Apparatus Imports, Reaching $51 Billion in 2024.
Hong Kong Telephone Apparatus Imports
In 2024, overseas purchases of telephone apparatus decreased by -18.1% to 306M units, falling for the third consecutive year after two years of growth. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 25%. Over the period under review, imports attained the maximum at 1.4B units in 2017; however, from 2018 to 2024, imports stood at a somewhat lower figure.
In value terms, telephone apparatus imports fell markedly to $42.9B (IndexBox estimates) in 2024. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $54.6B. From 2022 to 2024, the growth of imports failed to regain momentum.
| COUNTRY | Import Value of Telephone Apparatus in Hong Kong (billion USD) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 30.5 | 37.9 | 37.6 | 38.7 | 43.7 | 37.8 | 38.0 | 45.7 | 35.7 | 36.9 |
| United States | 3.3 | 3.1 | 3.2 | 3.5 | 3.7 | 3.6 | 2.9 | 4.0 | 4.4 | 3.9 |
| India | N/A | 0.1 | 0.1 | N/A | N/A | 0.1 | N/A | N/A | 0.5 | 2.3 |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.9 | 1.9 |
| Japan | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.8 | 1.5 | 1.5 | 1.3 |
| Israel | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.2 | 0.8 |
| Others | 4.3 | 2.8 | 2.4 | 2.9 | 2.8 | 2.7 | 2.8 | 3.0 | 3.4 | 3.9 |
| Total | 39.3 | 44.9 | 44.1 | 46.1 | 51.0 | 44.8 | 44.7 | 54.6 | 46.6 | 51.0 |
Imports by Country
In 2023, China (304M units) constituted the largest supplier of telephone apparatus to Hong Kong, accounting for a 82% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (72M units), fourfold. The third position in this ranking was held by the United States (13M units), with a 3.6% share.
From 2014 to 2023, the average annual rate of growth in terms of volume from China stood at -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+32.3% per year) and the United States (-12.3% per year).
In value terms, China ($36.9B) constituted the largest supplier of telephone apparatus to Hong Kong, comprising 72% of total imports. The second position in the ranking was taken by the United States ($3.9B), with a 7.7% share of total imports. It was followed by India, with a 4.6% share.
From 2014 to 2023, the average annual rate of growth in terms of value from China totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.9% per year) and India (+54.3% per year).
Imports by Type
In 2024, telephonic or telegraphic switching apparatus (211M units) constituted the largest type of telephone apparatus supplied to Hong Kong, with a 69% share of total imports. Moreover, telephonic or telegraphic switching apparatus exceeded the figures recorded for the second-largest type, mobile phones (90M units), twofold. The third position in this ranking was held by communication apparatus (excluding telephone sets or base stations); machines for the transmission or reception of voice, images or other data (including wired/wireless networks), n.e.c. in item no. 8517.6 (2.6M units), with a 0.9% share.
From 2014 to 2024, the average annual rate of growth in terms of the volume of telephonic or telegraphic switching apparatus imports totaled -3.4%. With regard to the other supplied products, the following average annual rates of growth were recorded: mobile phones (-16.3% per year) and communication apparatus (excluding telephone sets or base stations); machines for the transmission or reception of voice, images or other data (including wired/wireless networks), n.e.c. in item no. 8517.6 (-11.5% per year).
In value terms, mobile phones ($27.9B), telephonic or telegraphic switching apparatus ($14.9B) and communication apparatus (excluding telephone sets or base stations); machines for the transmission or reception of voice, images or other data (including wired/wireless networks), n.e.c. in item no. 8517.6 ($61M) constituted the most imported types of telephone apparatus in Hong Kong, with a combined 100% share of total imports.
Import Prices by Country
In 2023, the telephone apparatus price stood at $137 per unit (CIF, Hong Kong), rising by 23% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2022 when the average import price increased by 52%. The import price peaked in 2023 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($295 per unit), while the price for Taiwan (Chinese) ($26 per unit) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302200 - Telephones for cellular networks or for other wireless networks
- Prodcom 26302310 - Base stations
- Prodcom 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
- Prodcom 26302340 - Portable receivers for calling or paging
- Prodcom 26302370 - Other apparatus for the transmission or reception of voice, i mages or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of HS
- Prodcom 26303000 - Parts of electrical telephonic or telegraphic apparatus
- Prodcom 26404400 - Radio-telephony or radio-telegraphy reception apparatus (excluding portable receivers for calling or paging, those combined with radio receivers)
- Prodcom 26304040 - Aerials and aerial reflectors of all kinds for apparatus of HS
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
