
Hong Kong SAR, China - Electric Burglar or Fire Alarms and Similar Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025
Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Hong Kong SAR, China
In 2021, the Hong Kong market for electric burglar or fire alarms and similar apparatus increased by 129% to $X, rising for the second year in a row after five years of decline. Overall, consumption posted resilient growth. Electric burglar or fire alarm consumption peaked in 2021 and is likely to see steady growth in years to come.
Production of Electric Burglar Or Fire Alarms And Similar Apparatus in Hong Kong SAR, China
In value terms, electric burglar or fire alarm production reached $X in 2021 estimated in export price. In general, production posted perceptible growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 368% against the previous year. Electric burglar or fire alarm production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Exports of Electric Burglar Or Fire Alarms And Similar Apparatus
Exports from Hong Kong SAR, China
In 2021, approx. X units of electric burglar or fire alarms and similar apparatus were exported from Hong Kong SAR; jumping by 41% on the previous year's figure. Over the period under review, exports, however, continue to indicate a pronounced descent. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, electric burglar or fire alarm exports rose notably to $X in 2021. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 20% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.
Exports by Country
The United States (X units), the UK (X units) and China (X units) were the main destinations of electric burglar or fire alarm exports from Hong Kong SAR, together comprising 73% of total exports. These countries were followed by the Netherlands, Singapore, Japan, Canada, France, Australia and Germany, which together accounted for a further 17%.
From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +28.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) remains the key foreign market for electric burglar or fire alarms and similar apparatus exports from Hong Kong SAR, comprising 31% of total exports. The second position in the ranking was held by the UK ($X), with a 14% share of total exports. It was followed by China, with an 8.4% share.
From 2012 to 2021, the average annual growth rate of value to the United States amounted to -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-6.6% per year) and China (+2.0% per year).
Export Prices by Country
The average export price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, waning by -25.8% against the previous year. Over the period under review, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2013 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Australia ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Burglar Or Fire Alarms And Similar Apparatus
Imports into Hong Kong SAR, China
In 2021, after five years of decline, there was significant growth in overseas purchases of electric burglar or fire alarms and similar apparatus, when their volume increased by 135% to X units. In general, imports, however, recorded a pronounced decline. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
In value terms, electric burglar or fire alarm imports soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt decrease. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest electric burglar or fire alarm supplier to Hong Kong SAR, accounting for a 74% share of total imports. Moreover, electric burglar or fire alarm imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.
From 2012 to 2021, the average annual growth rate of volume from China totaled -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.1% per year) and Singapore (+29.8% per year).
In value terms, China ($X) constituted the largest supplier of electric burglar or fire alarms and similar apparatus to Hong Kong SAR, comprising 81% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.8% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.3% per year) and Singapore (+6.2% per year).
Import Prices by Country
In 2021, the average import price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, with an increase of 17% against the previous year. Overall, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electric burglar or fire alarm 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 26305020 - Electrical burglar or fire alarms and similar apparatus (excluding of a kind used for motor vehicles or buildings)
- Prodcom 26305080 - Electric burglar or fire alarms and similar apparatus for buildings
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
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