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Hong Kong SAR, China - Electric Burglar Or Fire Alarms And Similar Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Burglar or Fire Alarm in Hong Kong SAR - 2023
Contents:
- Price for Electric Burglar or Fire Alarm in Hong Kong SAR (FOB) - 2023
- Price for Electric Burglar or Fire Alarm in Hong Kong SAR (CIF) - 2022
- Exports of Electric Burglar or Fire Alarm in Hong Kong SAR
- Imports of Electric Burglar or Fire Alarm in Hong Kong SAR
Price for Electric Burglar or Fire Alarm in Hong Kong SAR (FOB) - 2023
The average export price for electric burglar or fire alarms and similar apparatus stood at $12.8 per unit in September 2023, which is down by -16.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 57% m-o-m. Over the period under review, the average export prices reached the peak figure at $15.4 per unit in August 2023, and then shrank dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($19.4 per unit), while the average price for exports to Denmark ($6.2 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 South Korea (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Burglar or Fire Alarm in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for electric burglar or fire alarms and similar apparatus amounted to $5.7 per unit, falling by -5.8% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure at $14 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9.8 per unit), while the price for the United States ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Electric Burglar or Fire Alarm in Hong Kong SAR
In 2022, the amount of electric burglar or fire alarms and similar apparatus exported from Hong Kong SAR shrank rapidly to 13M units, waning by -39.4% on 2021. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked at 24M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric burglar or fire alarm exports dropped to $145M in 2022. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 5%. Over the period under review, the exports reached the peak figure at $188M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electric Burglar or Fire Alarm in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 74.0 | 49.5 | 50.7 | 59.1 | -7.2% |
United Kingdom | 21.9 | 17.7 | 23.4 | 18.1 | -6.2% |
China | 15.9 | 6.6 | 13.8 | 8.3 | -19.5% |
Japan | 7.1 | 9.2 | 11.0 | 8.2 | 4.9% |
Canada | 3.5 | 7.8 | 7.9 | 7.3 | 27.8% |
Australia | 8.1 | 5.7 | 8.1 | 4.3 | -19.0% |
Germany | 4.1 | 4.1 | 5.3 | 3.9 | -1.7% |
Netherlands | 7.0 | 4.9 | 5.5 | 3.0 | -24.6% |
India | 2.0 | 1.4 | 1.6 | 3.0 | 14.5% |
Taiwan (Chinese) | 3.4 | 3.1 | 3.4 | 2.9 | -5.2% |
Singapore | 2.1 | 2.3 | 4.1 | 2.9 | 11.4% |
France | 5.0 | 9.3 | 5.1 | 1.9 | -27.6% |
South Korea | 2.5 | 1.5 | 1.6 | 1.8 | -10.4% |
Others | 31.7 | 33.5 | 23.0 | 20.2 | -13.9% |
Total | 188 | 157 | 164 | 145 | -8.3% |
Top Export Markets for Electric Burglar or Fire Alarm from Hong Kong SAR in 2022:
- United States (5627.7K units)
- United Kingdom (2558.6K units)
- China (681.4K units)
- Japan (525.1K units)
- Canada (476.8K units)
- Singapore (375.2K units)
- Netherlands (367.4K units)
- Taiwan (Chinese) (296.5K units)
- Germany (265.9K units)
- India (263.5K units)
- Australia (226.8K units)
- South Korea (207.9K units)
- France (151.8K units)
Imports of Electric Burglar or Fire Alarm in Hong Kong SAR
Electric burglar or fire alarm imports into Hong Kong SAR contracted to 19M units in 2022, declining by -12.6% on the previous year. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. As a result, imports attained the peak of 21M units, and then dropped in the following year.
In value terms, electric burglar or fire alarm imports contracted markedly to $106M in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 112%. As a result, imports reached the peak of $129M, and then reduced markedly in the following year.
Import of Electric Burglar or Fire Alarm in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 63.3 | 44.1 | 105 | 76.9 | 6.7% |
United States | 6.8 | 5.7 | 11.3 | 12.2 | 21.5% |
United Kingdom | 2.4 | 2.2 | 2.1 | 2.1 | -4.4% |
Singapore | 0.5 | 0.6 | 2.3 | 1.1 | 30.1% |
Others | 11.3 | 8.3 | 8.5 | 13.9 | 7.1% |
Total | 84.3 | 60.8 | 129 | 106 | 7.9% |
Top Suppliers of Electric Burglar or Fire Alarm to Hong Kong SAR in 2022:
- United States (9.3M units)
- China (7.9M units)
- Singapore (0.4M units)
- United Kingdom (0.3M units)
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
-
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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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