Hong Kong SAR, China: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Hong Kong SAR, China

In 2020, the Hong Kong insulated coaxial cables market increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Insulated coaxial cables consumption peaked in 2020 and is expected to retain growth in the immediate term.

Insulated Coaxial Cables Production in Hong Kong SAR, China

In value terms, insulated coaxial cables production fell to $X in 2020 estimated in export prices. In general, production continues to indicate a precipitous descent. Insulated coaxial cables production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Insulated Coaxial Cables Exports

Exports from Hong Kong SAR, China

For the fourth consecutive year, Hong Kong SAR recorded decline in shipments abroad of insulated coaxial cables, which decreased by -X% to X tons in 2020. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, insulated coaxial cables exports shrank dramatically to $X in 2020. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X tons), the UK (X tons) and India (X tons) were the main destinations of insulated coaxial cables exports from Hong Kong SAR, together accounting for X% of total exports. Germany, Gambia, Spain, Zambia, Botswana, Mexico, the U.S., Hungary and South Africa lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Gambia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for insulated coaxial cables exported from Hong Kong SAR worldwide, with a combined X% share of total exports. Germany, the U.S., Spain, Hungary, Zambia, Mexico, Botswana, Gambia and South Africa lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average insulated coaxial cables export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2019, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was India ($X per ton), while the average price for exports to Gambia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cables Imports

Imports into Hong Kong SAR, China

In 2020, overseas purchases of insulated coaxial cables decreased by -X% to X tons, falling for the eighth year in a row after three years of growth. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, insulated coaxial cables imports declined to $X in 2020. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2019, and then dropped in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest insulated coaxial cables supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, insulated coaxial cables imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), fivefold. The third position in this ranking was occupied by Indonesia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Indonesia (+X% per year).

In value terms, China ($X) constituted the largest supplier of insulated coaxial cables to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2020, the average insulated coaxial cables import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded strong growth. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Japan ($X per ton) and the U.S. ($X per ton), while the price for China ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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