Hong Kong SAR, China: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in Hong Kong SAR, China

In 2022, the Hong Kong semiconductor thyristor market increased by 72% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a significant expansion. Semiconductor thyristor consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Semiconductor Thyristor Exports

Exports from Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in overseas shipments of semiconductor thyristors, diacs and triacs, when their volume decreased by -9.2% to X units. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, semiconductor thyristor exports fell to $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

China (X units) was the main destination for semiconductor thyristor exports from Hong Kong SAR, with a 54% share of total exports. Moreover, semiconductor thyristor exports to China exceeded the volume sent to the second major destination, the United States (X units), fivefold. The third position in this ranking was taken by Germany (X units), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.2% per year) and Germany (+18.5% per year).

In value terms, China ($X) remains the key foreign market for semiconductor thyristors, diacs and triacs exports from Hong Kong SAR, comprising 54% of total exports. The second position in the ranking was taken by the United States ($X), with a 10% share of total exports. It was followed by Germany, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+5.7% per year) and Germany (+15.8% per year).

Export Prices by Country

In 2022, the average semiconductor thyristor export price amounted to $X per unit, waning by -1.7% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per unit) and the United States ($X per unit), while the average price for exports to Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.3%), while the prices for the other major destinations experienced a decline.

Semiconductor Thyristor Imports

Imports into Hong Kong SAR, China

In 2022, purchases abroad of semiconductor thyristors, diacs and triacs increased by 18% to X units, rising for the third consecutive year after two years of decline. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, semiconductor thyristor imports expanded rapidly to $X in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest semiconductor thyristor supplier to Hong Kong SAR, with a 86% share of total imports. Moreover, semiconductor thyristor imports from China exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. The Philippines (X units) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+15.7% per year) and the Philippines (+0.1% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor thyristors, diacs and triacs to Hong Kong SAR, comprising 86% of total imports. The second position in the ranking was held by France ($X), with a 7.7% share of total imports. It was followed by the Philippines, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+13.1% per year) and the Philippines (-2.2% per year).

Import Prices by Country

The average semiconductor thyristor import price stood at $X per unit in 2022, reducing by -7.6% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 20% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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