Amplifiers; Audio-Frequency Electric Price in Hong Kong SAR - 2023

Contents:

  1. Amplifiers; Audio-Frequency Electric Price in Hong Kong SAR (FOB) - 2023
  2. Amplifiers; Audio-Frequency Electric Price in Hong Kong SAR (CIF) - 2023
  3. Amplifiers; Audio-Frequency Electric Exports in Hong Kong SAR
  4. Amplifiers; Audio-Frequency Electric Imports in Hong Kong SAR

Amplifiers; Audio-Frequency Electric Price in Hong Kong SAR (FOB) - 2023

In September 2023, the average amplifiers; audio-frequency electric export price amounted to $91.6 per unit, rising by 15% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 24% month-to-month. As a result, the export price reached the peak level of $121 per unit. From May 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($292 per unit), while the average price for exports to Canada ($16.1 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifiers; Audio-Frequency Electric Price in Hong Kong SAR (CIF) - 2023

The average amplifiers; audio-frequency electric import price stood at $103 per unit in September 2023, which is down by -15.8% against the previous month. In general, the import price recorded a slight contraction. The most prominent rate of growth was recorded in March 2023 an increase of 25% month-to-month. The import price peaked at $144 per unit in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($134 per unit), while the price for China ($60.6 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.1%), while the prices for the other major suppliers experienced a decline.

Amplifiers; Audio-Frequency Electric Exports in Hong Kong SAR

In 2022, approx. 2.1M units of amplifiers; audio-frequency electrics were exported from Hong Kong SAR; declining by -21.7% on the previous year's figure. In general, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 5.8% against the previous year. The exports peaked at 4.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, amplifiers; audio-frequency electric exports contracted dramatically to $122M in 2022. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports reached the maximum at $212M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Amplifiers; Audio-Frequency Electric in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China79.252.135.127.8-29.5%
South Korea0.74.915.519.4202.6%
United States38.213.637.415.6-25.8%
Germany7.99.514.29.77.1%
India0.65.39.58.3140.1%
Japan47.117.87.16.8-47.5%
United Kingdom8.28.05.65.0-15.2%
France3.53.63.34.37.1%
Canada4.34.04.03.9-3.2%
Mexico1.00.61.00.4-26.3%
Others21.014.725.521.00.0%
Total212134158122-16.8%

Top Export Markets for Amplifiers; Audio-Frequency Electric from Hong Kong SAR in 2022:

  1. United States (664.2K units)
  2. China (587.5K units)
  3. South Korea (197.8K units)
  4. India (119.0K units)
  5. Japan (83.0K units)
  6. Germany (60.1K units)
  7. Mexico (56.0K units)
  8. Canada (48.5K units)
  9. United Kingdom (45.2K units)
  10. France (31.8K units)

Amplifiers; Audio-Frequency Electric Imports in Hong Kong SAR

In 2022, the amount of amplifiers; audio-frequency electrics imported into Hong Kong SAR reduced notably to 1.1M units, declining by -25.6% against 2021. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, imports attained the maximum at 1.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, amplifiers; audio-frequency electric imports contracted to $117M in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports hit record highs at $155M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Amplifiers; Audio-Frequency Electric in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China86.260.178.258.8-12.0%
United States12.19.010.79.4-8.1%
Malaysia22.48.05.45.8-36.3%
Others34.835.642.643.07.3%
Total155113137117-8.9%

Top Suppliers of Amplifiers; Audio-Frequency Electric to Hong Kong SAR in 2022:

  1. China (888.0K units)
  2. Malaysia (102.9K units)
  3. United States (20.4K units)

Source: IndexBox Market Intelligence Platform

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