Hong Kong SAR, China - Amplifiers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong's Amplifier Price Grows Modestly to $87.4 per Unit
Hong Kong Amplifier Export Price in March 2023
In March 2023, the amplifier price amounted to $87.4 per unit (FOB, Hong Kong), picking up by 13% against the previous month. Over the period under review, export price indicated noticeable growth from March 2022 to March 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, amplifier export price increased by +12.7% against February 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 105% month-to-month. The export price peaked at $92.5 per unit in September 2022; however, from October 2022 to March 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2023, the country with the highest price was China ($246 per unit), while the average price for exports to the United States ($21.4 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Amplifier in Hong Kong (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| China | 189 | 269 | 281 | 478 | 381 | 216 | 259 | 238 | 237 | 686 | 180 | 190 | 246 |
| Lithuania | 9.8 | 31.4 | 127 | 191 | N/A | 26.5 | N/A | N/A | N/A | N/A | N/A | N/A | 238 |
| France | 297 | 120 | 140 | 121 | 146 | 162 | 116 | 115 | 96.3 | 184 | 135 | 105 | 236 |
| Germany | 111 | 131 | 207 | 154 | 203 | 161 | 221 | 60.5 | 151 | 184 | 149 | 175 | 235 |
| Italy | 208 | 44.4 | 74.9 | 248 | 221 | 142 | 188 | 178 | 171 | 223 | 174 | 113 | 180 |
| United Kingdom | 88.8 | 77.9 | 52.8 | 119 | 105 | 140 | 175 | 65.4 | 121 | 90.4 | 24.4 | 94.5 | 114 |
| South Korea | 95.7 | 95.5 | 92.7 | 94.3 | 97.0 | 103 | 109 | 101 | 96.1 | 96.4 | 98.9 | 106 | 107 |
| India | 43.6 | 28.8 | 94.8 | 99.6 | 89.6 | 99.7 | 70.2 | 104 | 89.6 | 84.9 | 184 | 93.4 | 97.4 |
| Japan | 25.3 | 109 | 63.9 | 48.9 | 89.4 | 130 | 85.0 | 99.9 | 96.3 | 80.2 | 92.8 | 63.6 | 92.0 |
| Canada | 113 | 61.6 | 38.0 | 65.7 | 71.9 | 75.3 | 138 | 87.7 | 77.2 | 214 | 96.6 | 12.5 | 65.0 |
| Russia | 651 | N/A | N/A | N/A | N/A | N/A | N/A | 78.9 | 66.0 | 42.5 | 46.4 | 69.1 | 37.4 |
| United States | 44.8 | 32.2 | 42.6 | 9.3 | 27.2 | 23.6 | 25.5 | 26.0 | 16.9 | 21.3 | 13.5 | 24.9 | 21.4 |
| Average | 62.6 | 62.9 | 86.2 | 40.2 | 82.2 | 82.7 | 92.5 | 84.8 | 73.3 | 86.4 | 77.7 | 77.5 | 87.4 |
Hong Kong Amplifier Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In March 2023, the product with the highest price was amplifiers; audio-frequency electric ($97.5 per unit), while the average price for exports of electric sound amplifier sets amounted to $32.1 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for the following types: amplifiers; audio-frequency electric (+3.9%).
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Hong Kong Amplifier Exports
For the fourth month in a row, Hong Kong recorded decline in overseas shipments of amplifiers, which decreased by -4.3% to 118K units in March 2023. Over the period under review, exports showed a perceptible setback. The most prominent rate of growth was recorded in June 2022 when exports increased by 134% m-o-m. As a result, the exports attained the peak of 276K units. From July 2022 to March 2023, the growth of the exports failed to regain momentum.
In value terms, amplifier exports rose remarkably to $10M (IndexBox estimates) in March 2023. Overall, exports recorded a mild contraction. The most prominent rate of growth was recorded in November 2022 with an increase of 19% month-to-month. The exports peaked at 14M units in September 2022; however, from October 2022 to March 2023, the exports remained at a lower figure.
Hong Kong Amplifier Exports by Type
Amplifiers; audio-frequency electric (99K units) was the largest type of amplifier exported from Hong Kong, accounting for a 84% share of total exports. Moreover, amplifiers; audio-frequency electric exceeded the volume of the second product type, electric sound amplifier sets (18K units), fivefold.
From March 2022 to March 2023, the average monthly growth rate of the volume of export of amplifiers; audio-frequency electric amounted to -5.0%.
In value terms, amplifiers; audio-frequency electric ($9.7M) remains the largest type of amplifier exported from Hong Kong, comprising 94% of total exports. The second position in the ranking was held by electric sound amplifier sets ($585K), with a 5.7% share of total exports.
From March 2022 to March 2023, the average monthly growth rate of the export volume of amplifiers; audio-frequency electric stood at -1.3%.
Hong Kong Amplifier Exports by Country
the United States (37K units), South Korea (22K units) and India (9K units) were the main destinations of amplifier exports from Hong Kong, together accounting for 58% of total exports. Japan, China, Russia, Canada, the UK, Germany, Italy, France and Lithuania lagged somewhat behind, together accounting for a further 30%.
From March 2022 to March 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +24.1%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for amplifier exported from Hong Kong were South Korea ($2.3M), China ($1.5M) and India ($876K), with a combined 46% share of total exports.
In terms of the main countries of destination, South Korea, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the amplifier market 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 26404355 - Telephonic and measurement amplifiers (excluding high or intermediate frequency amplifiers)
- Prodcom 26404359 - Audio-frequency electric amplifiers (including hi-fi amplifiers) (excluding high or intermediate frequency amplifiers, t elephonic and measurement amplifiers)
- Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
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
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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
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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
