United Kingdom: Television Receiver Market 2024

Television Receiver Market Size in the UK

The UK television receiver market surged to $X in 2022, with an increase of 23% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Television Receiver Production in the UK

In value terms, television receiver production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 63%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Television Receiver Exports

Exports from the UK

Television receiver exports from the UK was estimated at X units in 2022, with an increase of 2.9% on 2021 figures. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, television receiver exports amounted to $X in 2022. In general, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for television receiver exports from the UK, with a 69% share of total exports. Moreover, television receiver exports to Poland exceeded the volume sent to the second major destination, Ireland (X units), fivefold. The Netherlands (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at +54.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-9.1% per year) and the Netherlands (+7.5% per year).

In value terms, Poland ($X) emerged as the key foreign market for television receivers exports from the UK, comprising 49% of total exports. The second position in the ranking was taken by Ireland ($X), with a 22% share of total exports. It was followed by the Netherlands, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-14.7% per year) and the Netherlands (+8.3% per year).

Export Prices by Country

The average television receiver export price stood at $X per unit in 2022, rising by 2.7% against the previous year. Overall, the export price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Television Receiver Imports

Imports into the UK

In 2022, the amount of television receivers imported into the UK surged to X units, picking up by 21% on 2021. Over the period under review, imports, however, showed a mild decrease. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, television receiver imports skyrocketed to $X in 2022. Overall, imports, however, showed a slight slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest television receiver supplier to the UK, accounting for a 54% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Slovakia (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.8% per year) and Slovakia (-2.6% per year).

In value terms, the largest television receiver suppliers to the UK were Poland ($X), Slovakia ($X) and China ($X), together comprising 73% of total imports. Hungary, Turkey, Ireland, Tunisia, Romania and Indonesia lagged somewhat behind, together comprising a further 23%.

Among the main suppliers, Tunisia, with a CAGR of +177.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average television receiver import price stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 13%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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