Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR - 2023

Contents:

1. Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR (FOB) - 2022
2. Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR (CIF) - 2023
3. Exports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR
4. Imports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR

Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati amounted to $8,683 per unit, dropping by -24.2% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $18,353 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($30,954 per unit), while the average price for exports to China ($2,367 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 Nepal (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR (CIF) - 2023

The average import price for projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati stood at $1,188 per unit in November 2023, jumping by 38% against the previous month. Overall, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in October 2023 an increase of 298% month-to-month. The import price peaked at $6,693 per unit in November 2022; afterwards, it flattened through to November 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +3.3% per month.

Exports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR

In 2022, the amount of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati exported from Hong Kong SAR skyrocketed to 696 units, with an increase of 72% compared with the previous year. Overall, exports continue to indicate mild growth. The growth pace was the most rapid in 2021 when exports increased by 292%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati skyrocketed to $6M in 2022. In general, exports, however, continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 209% against the previous year. Over the period under review, the exports of reached the peak figure at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus from Hong Kong SAR in 2022:

1. China (333.0 units)
2. India (76.0 units)
3. Netherlands (62.0 units)
4. Australia (39.0 units)
5. Nepal (28.0 units)
6. United States (23.0 units)
7. Cambodia (21.0 units)
8. United Kingdom (21.0 units)
9. Taiwan (Chinese) (17.0 units)
10. Malaysia (17.0 units)
11. South Korea (11.0 units)
12. Vietnam (3.0 units)
13. Singapore (2.0 units)

Imports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Hong Kong SAR

Imports of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati into Hong Kong SAR contracted remarkably to 106 units in 2022, which is down by -53.3% against the previous year. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. Imports peaked at 573 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati reduced markedly to $1.8M in 2022. Overall, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 196%. Imports peaked at $6.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus to Hong Kong SAR in 2022:

1. China (76.0 units)
2. Belgium (12.0 units)
3. Australia (6.0 units)
4. Macao SAR (6.0 units)
5. Singapore (3.0 units)
6. United States (3.0 units)

Source: IndexBox Market Intelligence Platform