Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR - 2023
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (FOB) - 2023
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (CIF) - 2022
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (FOB) - 2023
In December 2023, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $52.7 per unit, rising by 24% against the previous month. In general, the export price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in April 2023 an increase of 206% m-o-m. As a result, the export price attained the peak level of $144 per unit. From May 2023 to December 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 ($63.6 per unit), while the average price for exports to Singapore ($17.6 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+8.5%), while the prices for the other major destinations experienced a decline.
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $49 per unit, remaining stable against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v increased by +47.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. The import price peaked at $59 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($133 per unit), while the price for the United States ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR
In 2022, overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -33% to 126K units, falling for the second year in a row after two years of growth. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of 219K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v fell slightly to $7M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports reached the peak of $7M, leveling off in the following year.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,629 | 3,426 | 3,768 | 2,331 | -13.7% |
| Vietnam | 206 | 430 | 253 | 1,801 | 106.0% |
| Germany | 66.9 | 108 | 1,040 | 965 | 143.4% |
| Singapore | 186 | 533 | 220 | 614 | 48.9% |
| United States | 285 | 223 | 408 | 363 | 8.4% |
| India | 121 | 165 | 324 | 213 | 20.7% |
| Japan | 1.8 | N/A | 42.4 | 143 | 329.9% |
| Brazil | 225 | 205 | 246 | 44.6 | -41.7% |
| Others | 1,014 | 465 | 708 | 515 | -20.2% |
| Total | 5,736 | 5,555 | 7,009 | 6,990 | 6.8% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Hong Kong SAR in 2022:
- China (36.4K units)
- Singapore (25.9K units)
- Germany (25.8K units)
- Vietnam (11.2K units)
- United States (7.8K units)
- India (4.7K units)
- Japan (3.9K units)
- Brazil (0.6K units)
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR
In 2022, supplies from abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v increased by 27% to 118K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic decrease. Imports peaked at 245K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v skyrocketed to $5.8M in 2022. Overall, imports, however, faced a abrupt decrease. Over the period under review, imports of reached the maximum at $9.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3,312 | 1,996 | 2,395 | 2,410 | -10.1% |
| China | 2,092 | 2,249 | 632 | 1,274 | -15.2% |
| United States | 655 | 855 | 587 | 534 | -6.6% |
| Taiwan (Chinese) | 56.8 | 56.1 | 101 | 458 | 100.5% |
| Malaysia | 439 | 576 | 395 | 418 | -1.6% |
| South Korea | 75.1 | 92.9 | 99.6 | 240 | 47.3% |
| Germany | 243 | 250 | 256 | 196 | -6.9% |
| Singapore | 2,218 | 50.0 | 29.4 | 46.1 | -72.5% |
| Others | 338 | 156 | 109 | 237 | -11.2% |
| Total | 9,430 | 6,282 | 4,603 | 5,813 | -14.9% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Hong Kong SAR in 2022:
- China (41.0K units)
- Japan (26.1K units)
- United States (23.7K units)
- Malaysia (11.3K units)
- South Korea (7.4K units)
- Taiwan (Chinese) (3.4K units)
- Germany (1.5K units)
- Singapore (0.4K units)
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