Hong Kong SAR, China - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNetwork Communications Equipment Price in Hong Kong SAR - 2023
Contents:
- Network Communications Equipment Price in Hong Kong SAR (FOB) - 2022
- Network Communications Equipment Price in Hong Kong SAR (CIF) - 2022
- Network Communications Equipment Exports in Hong Kong SAR
- Network Communications Equipment Imports in Hong Kong SAR
Network Communications Equipment Price in Hong Kong SAR (FOB) - 2022
The average network communications equipment export price stood at $369 per unit in 2022, increasing by 54% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,277 per unit), while the average price for exports to Malaysia ($47 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 Taiwan (Chinese) (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Network Communications Equipment Price in Hong Kong SAR (CIF) - 2022
In 2022, the average network communications equipment import price amounted to $332 per unit, surging by 38% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,876 per unit), while the price for Singapore ($212 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Network Communications Equipment Exports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of network communications equipment, when their volume decreased by -37.7% to 30M units. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of 48M units, and then declined remarkably in the following year.
In value terms, network communications equipment exports fell to $11.1B in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $11.5B, and then dropped modestly in the following year.
| Export of Network Communications Equipment in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,585 | 2,209 | 3,587 | 2,892 | 22.2% |
| Taiwan (Chinese) | 164 | 533 | 1,416 | 2,280 | 140.5% |
| United States | 795 | 1,911 | 2,192 | 2,216 | 40.7% |
| Netherlands | 138 | 171 | 266 | 450 | 48.3% |
| Germany | 385 | 338 | 423 | 397 | 1.0% |
| South Korea | 309 | 323 | 442 | 267 | -4.8% |
| Mexico | 285 | 149 | 123 | 261 | -2.9% |
| Japan | 219 | 230 | 332 | 241 | 3.2% |
| Russia | 85.1 | 135 | 383 | 171 | 26.2% |
| Thailand | 19.6 | 96.8 | 263 | 163 | 102.6% |
| United Kingdom | 48.1 | 71.5 | 121 | 105 | 29.7% |
| India | 40.4 | 43.9 | 87.0 | 68.5 | 19.2% |
| Malaysia | 30.5 | 36.3 | 65.9 | 51.0 | 18.7% |
| Others | 722 | 910 | 1,844 | 1,542 | 28.8% |
| Total | 4,826 | 7,157 | 11,545 | 11,105 | 32.0% |
Top Export Markets for Network Communications Equipment from Hong Kong SAR in 2022:
- United States (6.2M units)
- China (5.8M units)
- Taiwan (Chinese) (1.8M units)
- Japan (1.6M units)
- Netherlands (1.2M units)
- Malaysia (1.1M units)
- Mexico (1.0M units)
- Russia (1.0M units)
- Germany (0.9M units)
- United Kingdom (0.8M units)
- South Korea (0.8M units)
- Thailand (0.8M units)
- India (0.7M units)
Network Communications Equipment Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of network communications equipment, when their volume decreased by -17.7% to 21M units. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Over the period under review, imports reached the peak figure at 25M units in 2021, and then dropped rapidly in the following year.
In value terms, network communications equipment imports rose remarkably to $6.9B in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Network Communications Equipment in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.9 | 4.1 | 3.9 | 16.0% |
| Taiwan (Chinese) | 0.3 | 0.7 | 1.4 | 2.0 | 88.2% |
| Malaysia | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Singapore | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.1 | 0.3 | 0.6 | 44.2% |
| Total | 3.2 | 4.0 | 6.1 | 6.9 | 29.2% |
Top Suppliers of Network Communications Equipment to Hong Kong SAR in 2022:
- China (17.1M units)
- Malaysia (1.6M units)
- Taiwan (Chinese) (1.0M units)
- Singapore (0.5M units)
This report provides an in-depth analysis of the network communications equipment 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines
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
-
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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From April 2023 to October 2023, the exports of Network Communications Equipment failed to regain momentum. However, in value terms, Network Communications Equipment exports skyrocketed to $1.9B in October 2023.
96
The exports of Keyboards reached a peak in November 2023, increasing slightly to $66M in value terms.
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In January 2023, the price of keyboards was steady at $20.5 per unit (FOB, Hong Kong, China), compared to the previous month.
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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).
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From 2007 to 2015, global exports of desktop PCs showed a steady decline, with the exception of a minor increase in 2013. Exports amounted to X million USD in 2015. There was an annual decrease of -X% throughout the analyzed period.
