Hong Kong SAR, China - Television Receivers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice of Television Receivers in Hong Kong Spikes to $57.5 per Unit
Hong Kong Television Receiver Import Price in May 2023
In May 2023, the television receiver price amounted to $57.5 per unit (CIF, Hong Kong), surging by 14% against the previous month. In general, the import price, however, saw a perceptible slump. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 45% against the previous month. The import price peaked at $90.1 per unit in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Vietnam ($140 per unit), while the price for South Korea ($16.2 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
| COUNTRY | Import Price of Television Receiver in Hong Kong (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Vietnam | 210 | 472 | 214 | 51.6 | 66.7 | 78.0 | 134 | 411 | 385 | 246 | 95.6 | 295 | 140 |
| China | 69.7 | 55.6 | 49.6 | 51.9 | 67.0 | 58.8 | 52.0 | 34.7 | 41.5 | 59.8 | 47.3 | 35.9 | 50.3 |
| United States | 10.6 | 63.3 | 41.2 | 22.9 | 10.7 | 22.2 | 46.3 | 49.0 | 117 | 29.7 | 21.9 | 61.0 | 23.8 |
| South Korea | 11.1 | 14.4 | 6.7 | 6.8 | 7.2 | 6.7 | 6.3 | 6.3 | 7.0 | 15.0 | 6.1 | 10.3 | 16.2 |
| Average | 90.1 | 75.7 | 65.5 | 46.5 | 57.5 | 58.4 | 50.1 | 53.8 | 43.8 | 63.6 | 49.2 | 50.3 | 57.5 |
Hong Kong Television Receiver Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In May 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 colour video display or screen ($99.1 per unit), while the price for tuner blocks totaled $35.2 per unit.
From May 2022 to May 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 (0.0%), while the prices for the other product experienced a decline.
Hong Kong Television Receiver Imports
In May 2023, the amount of television receivers imported into Hong Kong declined sharply to 387K units, falling by -18.2% on the previous month. Over the period under review, imports, however, showed notable growth. The pace of growth appeared the most rapid in March 2023 with an increase of 101% month-to-month. Over the period under review, imports attained the peak figure at 792K units in August 2022; however, from September 2022 to May 2023, imports remained at a lower figure.
In value terms, television receiver imports dropped to $22M (IndexBox estimates) in May 2023. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when imports increased by 55% against the previous month. Imports peaked at 37M units in August 2022; however, from September 2022 to May 2023, imports failed to regain momentum.
Hong Kong Television Receiver Imports by Type
Tuner blocks (252K units) and 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 (135K units) were the main products of television receiver imports to Hong Kong.
From May 2022 to May 2023, the biggest increases were in tuner block (with a CAGR of +4.1%).
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 ($13M) and tuner blocks ($8.9M) constituted the most imported types of television receivers in Hong Kong.
Hong Kong Television Receiver Imports by Country
In May 2023, China (244K units) constituted the largest supplier of television receiver to Hong Kong, with a 63% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, South Korea (90K units), threefold. The third position in this ranking was held by Vietnam (35K units), with a 9% share.
From May 2022 to May 2023, the average monthly growth rate of volume from China stood at +3.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Korea (+11.6% per month) and Vietnam (+8.6% per month).
In value terms, China ($12M) constituted the largest supplier of television receiver to Hong Kong, comprising 55% of total imports. The second position in the ranking was held by Vietnam ($4.9M), with a 22% share of total imports. It was followed by South Korea, with a 6.6% share.
From May 2022 to May 2023, the average monthly growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+4.9% per month) and South Korea (+15.1% per month).
This report provides an in-depth analysis of the television 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 26402020 - Tuner blocks for CTV/VCR and cable TV receiver units (colour video tuners) (excluding those which isolate highfrequency television signals)
- Prodcom 26402040 - Colour television projection equipment
- Prodcom 26402090 - Other television receivers, whether or not combined with radio-broadcast receivers or sound or video recording or reproduction apparatus 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.
-
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
-
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
-
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
-
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
-
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
-
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
