Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR - 2023

Contents:

1. Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR (CIF) - 2022
2. Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR (FOB) - 2022
3. Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR
4. Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR

Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for electrical capacitors; fixed, aluminium electrolytics amounted to $3.8 per unit, growing by 46% against the previous year. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 677%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($3.8 per unit) and Thailand ($3.8 per unit), while the price for Singapore ($3.8 per unit) and Malaysia ($3.8 per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+237.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR (FOB) - 2022

The average export price for electrical capacitors; fixed, aluminium electrolytics stood at $7.1 per unit in 2022, rising by 52% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($7.1 per unit) and India ($7.1 per unit), while the average price for exports to China ($7.1 per unit) and Germany ($7.1 per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR

In 2022, the amount of electrical capacitors; fixed, aluminium electrolytics imported into Hong Kong SAR contracted dramatically to 262M units, which is down by -41.3% on the previous year's figure. Over the period under review, imports continue to indicate a sharp shrinkage. Imports peaked at 2.7B units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electrical capacitors; fixed, aluminium electrolytic imports declined to $1B in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of $1.2B, and then contracted in the following year.

Top Suppliers of Electrical Capacitors; Fixed, Aluminium Electrolytic to Hong Kong SAR in 2022:

1. China (94.4M units)
2. Japan (67.6M units)
3. Singapore (45.4M units)
4. Taiwan (Chinese) (15.2M units)
5. Malaysia (15.2M units)
6. Thailand (7.7M units)
7. South Korea (3.4M units)

Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Hong Kong SAR

In 2022, electrical capacitors; fixed, aluminium electrolytic exports from Hong Kong SAR reduced rapidly to 137M units, waning by -32% on 2021 figures. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -18% was in 2021. The exports peaked at 245M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electrical capacitors; fixed, aluminium electrolytic exports expanded slightly to $976M in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Electrical Capacitors; Fixed, Aluminium Electrolytic from Hong Kong SAR in 2022:

1. China (106.9M units)
2. United States (5.7M units)
3. Vietnam (4.3M units)
4. Germany (4.0M units)
5. India (3.3M units)
6. Taiwan (Chinese) (2.1M units)

Source: IndexBox Market Intelligence Platform