Hong Kong SAR, China - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends And Insights

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Mounted Piezo-Electric Crystals Price in Hong Kong SAR - 2023

Contents:

  1. Mounted Piezo-Electric Crystals Price in Hong Kong SAR (FOB) - 2023
  2. Mounted Piezo-Electric Crystals Price in Hong Kong SAR (CIF) - 2022
  3. Mounted Piezo-Electric Crystals Exports in Hong Kong SAR
  4. Mounted Piezo-Electric Crystals Imports in Hong Kong SAR

Mounted Piezo-Electric Crystals Price in Hong Kong SAR (FOB) - 2023

In September 2023, the average mounted piezo-electric crystals export price amounted to $78.1 per thousand units, declining by -5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 36% month-to-month. Over the period under review, the average export prices reached the maximum at $99.1 per thousand units in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($226 per thousand units), while the average price for exports to India ($63.0 per thousand units) 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 India (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Mounted Piezo-Electric Crystals Price in Hong Kong SAR (CIF) - 2022

The average mounted piezo-electric crystals import price stood at $0.5 per unit in 2022, increasing by 6.4% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mounted piezo-electric crystals import price increased by +75.5% against 2012 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($0.5 per unit) and Thailand ($0.5 per unit), while the price for Singapore ($0.5 per unit) and Malaysia ($0.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Exports in Hong Kong SAR

In 2022, overseas shipments of mounted piezo-electric crystals decreased by -23.4% to 1.6B units, falling for the second consecutive year after two years of growth. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 2.4B units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, mounted piezo-electric crystals exports reduced remarkably to $1.4B in 2022. Over the period under review, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $1.7B, and then plummeted in the following year.

Export of Mounted Piezo-Electric Crystals in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3881,3731,4891,062-8.5%
United States8.027.669.595.2128.3%
Vietnam19.023.036.952.440.2%
Germany10.312.621.433.948.7%
India32.916.810.832.6-0.3%
Singapore9.912.923.328.141.6%
Others54.158.798.110625.1%
Total1,5221,5241,7491,410-2.5%

Top Export Markets for Mounted Piezo-Electric Crystals from Hong Kong SAR in 2022:

  1. China (1187.9M units)
  2. United States (106.5M units)
  3. Vietnam (58.6M units)
  4. Germany (38.0M units)
  5. India (36.4M units)
  6. Singapore (31.5M units)

Mounted Piezo-Electric Crystals Imports in Hong Kong SAR

In 2022, the amount of mounted piezo-electric crystals imported into Hong Kong SAR declined remarkably to 2.2B units, falling by -36.4% against 2021 figures. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, imports reached the maximum at 4B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mounted piezo-electric crystals imports declined sharply to $1.2B in 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $1.7B, and then shrank rapidly in the following year.

Import of Mounted Piezo-Electric Crystals in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3723274334083.1%
Japan637519738327-19.9%
Taiwan (Chinese)94.716323017823.4%
Singapore24911191.370.5-34.3%
Malaysia53.661.366.250.7-1.8%
Thailand45.757.464.945.80.1%
Others10160.478.773.3-10.1%
Total1,5521,2991,7021,152-9.5%

Top Suppliers of Mounted Piezo-Electric Crystals to Hong Kong SAR in 2022:

  1. China (790.8M units)
  2. Japan (633.3M units)
  3. Taiwan (Chinese) (344.7M units)
  4. Singapore (136.6M units)
  5. Malaysia (98.2M units)
  6. Thailand (88.7M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mounted piezo-electric crystals 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 26112280 - Mounted piezo-electric crystals (including quartz, oscillator and resonators)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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