Hong Kong SAR, China: Television Receiver Market 2025

Television Receiver Market Size in Hong Kong SAR, China

The Hong Kong television receiver market surged to $X in 2022, picking up by 180% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Television Receiver Production in Hong Kong SAR, China

In value terms, television receiver production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a mild increase. The growth pace was the most rapid in 2020 when the production volume increased by 7.9%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Television Receiver Exports

Exports from Hong Kong SAR, China

In 2022, approx. X units of television receivers were exported from Hong Kong SAR; declining by -50.8% on 2021 figures. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 64%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, television receiver exports dropped significantly to $X in 2022. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 78%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for television receiver exports from Hong Kong SAR, with a 21% share of total exports. Moreover, television receiver exports to the United States exceeded the volume sent to the second major destination, Colombia (X units), twofold. China (X units) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-6.7% per year) and China (-18.4% per year).

In value terms, the United States ($X), the UK ($X) and Chile ($X) appeared to be the largest markets for television receiver exported from Hong Kong SAR worldwide, together comprising 34% of total exports. China, the United Arab Emirates, Peru, Colombia, Brazil, Japan, Panama, Saudi Arabia, the Netherlands and Paraguay lagged somewhat behind, together accounting for a further 31%.

The United Arab Emirates, with a CAGR of +39.0%, 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 2022, the average television receiver export price amounted to $X per unit, waning by -13.7% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Colombia ($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 Chile (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into Hong Kong SAR, China

In 2022, approx. X units of television receivers were imported into Hong Kong SAR; with a decrease of -38.4% against the previous year's figure. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, television receiver imports declined markedly to $X in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest television receiver supplier to Hong Kong SAR, with a 65% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+193.2% per year) and Taiwan (Chinese) (-9.1% per year).

In value terms, China ($X) constituted the largest supplier of television receivers to Hong Kong SAR, comprising 45% of total imports. The second position in the ranking was held by Vietnam ($X), with a 20% share of total imports. It was followed by Malaysia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+147.4% per year) and Malaysia (+1.6% per year).

Import Prices by Country

In 2022, the average television receiver import price amounted to $X per unit, with an increase of 8.6% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 35%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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