Hong Kong SAR, China: Data Processing Server Market 2024

Data Processing Server Market Size in Hong Kong SAR, China

The Hong Kong data processing server market contracted to $X in 2022, waning by -14.1% against the previous year. Overall, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Data Processing Server Production in Hong Kong SAR, China

In value terms, data processing server production skyrocketed to $X in 2022 estimated in export price. Overall, production faced a deep reduction. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Data Processing Server Exports

Exports from Hong Kong SAR, China

In 2022, the amount of data processing servers exported from Hong Kong SAR amounted to X units, with an increase of 4.4% on the previous year's figure. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 96% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, data processing server exports expanded sharply to $X in 2022. In general, exports showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

China (X units) was the main destination for data processing server exports from Hong Kong SAR, with a 52% share of total exports. Moreover, data processing server exports to China exceeded the volume sent to the second major destination, Japan (X units), fivefold. The third position in this ranking was taken by the Netherlands (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+25.4% per year) and the Netherlands (+52.6% per year).

In value terms, the Netherlands ($X), China ($X) and Japan ($X) constituted the largest markets for data processing server exported from Hong Kong SAR worldwide, together accounting for 34% of total exports. These countries were followed by Germany, Australia, the UK, Russia, India, the United States, Taiwan (Chinese), Mexico and France, which together accounted for a further 36%.

In terms of the main countries of destination, Russia, with a CAGR of +53.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average data processing server export price amounted to $X per unit, growing by 4.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 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 Germany ($X per unit), while the average price for exports to France ($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 the UK (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Data Processing Server Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of data processing servers increased by 12% to X units, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 91% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, data processing server imports surged to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 62% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of data processing server to Hong Kong SAR, with a 72% share of total imports. Moreover, data processing server imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was taken by the UK (X units), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+15.6% per year) and the UK (+46.9% per year).

In value terms, China ($X) constituted the largest supplier of data processing servers to Hong Kong SAR, comprising 76% of total imports. The second position in the ranking was taken by Singapore ($X), with a 5.4% share of total imports. It was followed by Taiwan (Chinese), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+1.4% per year) and Taiwan (Chinese) (+31.7% per year).

Import Prices by Country

In 2022, the average data processing server import price amounted to $X per unit, increasing by 2.6% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 54%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, 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 Singapore ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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