Hong Kong SAR, China - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for LCD or LED Indicator Panel in Hong Kong SAR - 2023
Contents:
- Price for LCD or LED Indicator Panel in Hong Kong SAR (FOB) - 2023
- Price for LCD or LED Indicator Panel in Hong Kong SAR (CIF) - 2022
- Exports of LCD or LED Indicator Panel in Hong Kong SAR
- Imports of LCD or LED Indicator Panel in Hong Kong SAR
Price for LCD or LED Indicator Panel in Hong Kong SAR (FOB) - 2023
In June 2023, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $1.8 per unit, which is down by -49.7% against the previous month. Over the period under review, the export price saw a pronounced setback. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 38% against the previous month. The export price peaked at $4.8 per unit in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Germany ($8.7 per unit), while the average price for exports to China ($547 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for LCD or LED Indicator Panel in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $9.2 per unit, increasing by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 6.7% 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 years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($9.2 per unit) and Japan ($9.2 per unit), while the price for China ($9.2 per unit) and South Korea ($9.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of LCD or LED Indicator Panel in Hong Kong SAR
In 2022, overseas shipments of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were finally on the rise to reach 38M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep downturn. Over the period under review, the exports hit record highs at 52M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, LCD or LED indicator panel exports declined to $438M in 2022. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.4%. The exports peaked at $534M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of LCD or LED Indicator Panel in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 234 | 196 | 119 | 89.4 | -27.4% |
| Sweden | 33.5 | 47.3 | 59.0 | 61.9 | 22.7% |
| United States | 43.9 | 41.8 | 46.4 | 58.1 | 9.8% |
| Canada | 3.0 | 10.4 | 40.0 | 50.5 | 156.3% |
| India | 17.0 | 18.3 | 46.6 | 22.5 | 9.8% |
| Germany | 21.3 | 10.5 | 11.3 | 21.9 | 0.9% |
| Japan | 34.2 | 26.1 | 16.4 | 15.4 | -23.4% |
| France | 20.3 | 11.8 | 12.4 | 10.9 | -18.7% |
| Vietnam | 4.1 | 3.4 | 5.1 | 10.1 | 35.1% |
| Singapore | 4.4 | 1.7 | 5.8 | 9.9 | 31.0% |
| Taiwan (Chinese) | 21.5 | 12.0 | 9.3 | 8.8 | -25.8% |
| Thailand | 12.2 | 6.2 | 4.3 | 7.5 | -15.0% |
| Malaysia | 7.8 | 4.0 | 4.4 | 6.7 | -4.9% |
| Others | 76.0 | 40.5 | 60.6 | 64.6 | -5.3% |
| Total | 534 | 430 | 440 | 438 | -6.4% |
Top Export Markets for LCD or LED Indicator Panel from Hong Kong SAR in 2022:
- China (7.8M units)
- Sweden (5.4M units)
- United States (5.1M units)
- Canada (4.4M units)
- India (2.0M units)
- Germany (1.9M units)
- Japan (1.4M units)
- France (1.0M units)
- Singapore (0.9M units)
- Vietnam (0.9M units)
- Taiwan (Chinese) (0.8M units)
- Thailand (0.7M units)
- Malaysia (0.6M units)
Imports of LCD or LED Indicator Panel in Hong Kong SAR
LCD or LED indicator panel imports into Hong Kong SAR shrank dramatically to 18M units in 2022, waning by -26.6% on 2021. Over the period under review, imports recorded a abrupt setback. The smallest decline of -3.8% was in 2021. Imports peaked at 31M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, LCD or LED indicator panel imports plummeted to $169M in 2022. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 2.6%. Imports peaked at $255M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of LCD or LED Indicator Panel in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 172 | 153 | 188 | 111 | -13.6% |
| Taiwan (Chinese) | 51.7 | 44.6 | 12.8 | 31.9 | -14.9% |
| Vietnam | 0.7 | N/A | N/A | 15.4 | 180.2% |
| Japan | 7.1 | 2.4 | 1.7 | 2.4 | -30.3% |
| Others | 24.0 | 12.8 | 15.6 | 7.7 | -31.5% |
| Total | 255 | 213 | 219 | 169 | -12.8% |
Top Suppliers of LCD or LED Indicator Panel to Hong Kong SAR in 2022:
- China (12.1M units)
- Taiwan (Chinese) (3.5M units)
- Vietnam (1.7M units)
- Japan (0.3M units)
This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
- Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)
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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