Hong Kong SAR, China - Transmission Apparatus Incorporating Reception Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kongs Sees $36B Drop in Transmission Apparatus Imports in 2023
Hong Kong Transmission Apparatus Imports
In 2023, overseas purchases of transmission apparatus incorporating reception apparatus decreased by -31.9% to 115M units, falling for the seventh consecutive year after four years of growth. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. Imports peaked at 599M units in 2016; however, from 2017 to 2023, imports failed to regain momentum.
In value terms, transmission apparatus imports contracted to $36B (IndexBox estimates) in 2023. The total import value increased at an average annual rate of +3.1% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $45.7B. From 2022 to 2023, the growth of imports failed to regain momentum.
| COUNTRY | Import Value of Transmission Apparatus in Hong Kong (billion USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 17.1 | 23.8 | 30.3 | 30.7 | 31.8 | 37.4 | 32.2 | 32.0 | 39.1 | 30.1 | 29.7 |
| United States | 2.5 | 2.8 | 2.3 | 1.9 | 2.3 | 3.0 | 3.2 | 2.6 | 3.7 | 4.0 | 3.6 |
| Japan | 0.4 | 0.6 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.7 | 1.5 | 1.4 | 1.2 |
| Others | 6.5 | 4.1 | 2.5 | 1.5 | 1.4 | 1.3 | 1.4 | 1.3 | 1.4 | 1.2 | 1.6 |
| Total | 26.4 | 31.3 | 35.4 | 34.6 | 36.0 | 42.2 | 37.2 | 36.7 | 45.7 | 36.8 | 36.0 |
Imports by Country
In 2023, China (95M units) constituted the largest supplier of transmission apparatus to Hong Kong, accounting for a 82% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (11M units), eightfold.
From 2013 to 2023, the average annual rate of growth in terms of volume from China stood at -13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.2% per year) and Japan (+7.3% per year).
In value terms, China ($29.7B) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Hong Kong, comprising 82% of total imports. The second position in the ranking was taken by the United States ($3.6B), with a 9.9% share of total imports.
From 2013 to 2023, the average annual rate of growth in terms of value from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and Japan (+10.7% per year).
Imports by Type
In 2023, mobile phones (115M units) was the main type of transmission apparatus incorporating reception apparatus supplied to Hong Kong, accounting for a 100% share of total imports. It was followed by transmission apparatus for radio-broadcasting and television (with reception apparatus) (72K units), with a 0.1% share of total imports.
From 2013 to 2023, the average annual rate of growth in terms of the volume of mobile phones imports totaled -12.6%.
In value terms, mobile phones ($36B) constituted the largest type of transmission apparatus incorporating reception apparatus supplied to Hong Kong, comprising 99.9% of total imports. The second position in the ranking was taken by transmission apparatus for radio-broadcasting and television (with reception apparatus) ($7.8M), with less than 0.1% share of total imports.
Import Prices by Country
In 2023, the transmission apparatus price stood at $314 per unit (CIF, Hong Kong), rising by 44% against the previous year. In general, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2022 an increase of 99%. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($317 per unit), while the price for China ($314 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the transmission 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 26301100 - Transmission apparatus for radio-broadcasting and television, w ith reception apparatus
- Prodcom 26302200 - Telephones for cellular networks or for other wireless networks
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
