Television Receiver Prices in the United States

U.S. Television Receiver Import Price in May 2022

In May 2022, the television receiver price stood at $281 per unit (CIF, US), increasing by 3.8% against the previous month. Over the period under review, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 4.7% month-to-month. As a result, import price attained the peak level of $301.0K per thousand units. From April 2022 to May 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2022, the country with the highest price was Mexico ($396 per unit), while the price for Indonesia ($95 per unit) was amongst the lowest.

From January 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.0%), while the prices for the other major suppliers experienced a decline.

U.S. Television Receiver Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In July 2022, 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 ($292 per unit), while the price for tuner blocks stood at $80 per unit.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by tuner block (+3.1%), while the prices for the other product experienced a decline.

U.S. Television Receiver Imports

In July 2022, supplies from abroad of television receivers was finally on the rise to reach 3.4M units for the first time since March 2022, thus ending a three-month declining trend. Over the period under review, imports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in March 2022 when imports increased by 14% m-o-m. As a result, imports reached the peak of 4.3M units. From April 2022 to July 2022, the growth of imports remained at a somewhat lower figure.

In value terms, television receiver imports declined modestly to $888M (IndexBox estimates) in July 2022. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in March 2022 when imports increased by 19% against the previous month. As a result, imports reached the peak of $1.3B. From April 2022 to July 2022, the growth of imports remained at a somewhat lower figure.

U.S. Television Receiver Imports by Type

In July 2022, 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 (2.9M units) constituted the largest type of television receiver supplied to the United States, accounting for a 84% 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 (559K units), fivefold.

From January 2022 to July 2022, the average monthly growth rate 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 stood at -3.0%.

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 ($843M) constituted the largest type of television receiver supplied to the United States, comprising 95% of total imports. The second position in the ranking was held by tuner blocks ($45M), with a 5% share of total imports.

U.S. Television Receiver Imports by Country

In May 2022, Mexico (1.9M units) constituted the largest supplier of television receiver to the United States, with a 54% share of total imports. Moreover, television receiver imports from Mexico exceeded the figures recorded by the second-largest supplier, China (752K units), threefold. Vietnam (385K units) ranked third in terms of total imports with an 11% share.

From January 2022 to May 2022, the average monthly growth rate of volume from Mexico amounted to -2.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+0.3% per month) and Vietnam (-3.6% per month).

In value terms, Mexico ($760M) constituted the largest supplier of television receiver to the United States, comprising 76% of total imports. The second position in the ranking was held by China ($110M), with an 11% share of total imports. It was followed by Vietnam, with a 6% share.

From January 2022 to May 2022, the average monthly rate of growth in terms of value from Mexico amounted to -3.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-3.5% per month) and Vietnam (-7.2% per month).

Source: IndexBox Market Intelligence Platform