Hong Kong SAR, China - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in Hong Kong SAR - 2023
Contents:
- Data Storage Device Price in Hong Kong SAR (CIF) - 2023
- Data Storage Device Price in Hong Kong SAR (FOB) - 2023
- Data Storage Device Imports in Hong Kong SAR
- Data Storage Device Exports in Hong Kong SAR
Data Storage Device Price in Hong Kong SAR (CIF) - 2023
The average data storage device import price stood at $42.3 per unit in September 2023, rising by 14% against the previous month. Overall, the import price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 41% m-o-m. As a result, import price reached the peak level of $92.3 per unit. From February 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($104 per unit), while the price for Taiwan (Chinese) ($27.9 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 the Philippines (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Data Storage Device Price in Hong Kong SAR (FOB) - 2023
The average data storage device export price stood at $74.8 per unit in September 2023, growing by 9.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 22% m-o-m. Over the period under review, the average export prices reached the peak figure at $80.3 per unit in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Germany ($68.0 per unit), while the average price for exports to China stood at $65.1 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.0%).
Data Storage Device Imports in Hong Kong SAR
Data storage device imports into Hong Kong SAR dropped significantly to 69M units in 2022, reducing by -34.1% on 2021. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 7.8%. Imports peaked at 112M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, data storage device imports contracted dramatically to $5.3B in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $8B, and then shrank significantly in the following year.
| Import of Data Storage Device in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 3.6 | 4.5 | 2.3 | -13.1% |
| Thailand | 2.1 | 1.8 | 2.2 | 1.9 | -3.3% |
| Philippines | 0.6 | 0.5 | 0.8 | 0.5 | -5.9% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United States | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Malaysia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Total | 7.0 | 6.4 | 8.0 | 5.3 | -8.9% |
Top Suppliers of Data Storage Device to Hong Kong SAR in 2022:
- China (34.9M units)
- Thailand (17.7M units)
- Philippines (8.4M units)
- Taiwan (Chinese) (2.6M units)
- Malaysia (1.6M units)
- United States (1.3M units)
Data Storage Device Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of data storage devices, which decreased by -30.8% to 66M units in 2022. Over the period under review, exports recorded a abrupt descent. The smallest decline of -0.7% was in 2021. The exports peaked at 105M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, data storage device exports fell dramatically to $5.1B in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 4.4% against the previous year. The exports peaked at $7.2B in 2021, and then contracted dramatically in the following year.
| Export of Data Storage Device in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5,191 | 5,690 | 5,923 | 4,078 | -7.7% |
| Russia | 33.5 | 43.2 | 97.0 | 99.9 | 43.9% |
| Germany | 199 | 180 | 216 | 78.9 | -26.5% |
| United States | 277 | 173 | 86.4 | 78.5 | -34.3% |
| Japan | 91.1 | 97.7 | 125 | 71.2 | -7.9% |
| Uzbekistan | 1.2 | 0.6 | 0.7 | 69.7 | 287.3% |
| Others | 835 | 735 | 731 | 633 | -8.8% |
| Total | 6,628 | 6,920 | 7,179 | 5,109 | -8.3% |
Top Export Markets for Data Storage Device from Hong Kong SAR in 2022:
- China (51.9M units)
- Russia (1.5M units)
- Uzbekistan (1.4M units)
- Germany (1.4M units)
- United States (1.2M units)
- Japan (0.7M units)
This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units
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
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Data Storage Device saw a 41% month-on-month increase in January 2023, with prices reaching $92.3 per unit (CIF Hong Kong).
92
The exports of Keyboards reached a peak in November 2023, increasing slightly to $66M in value terms.
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