Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR - 2023

Contents:

1. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR (FOB) - 2022
2. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR (CIF) - 2022
3. Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR
4. Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for tubes; microwave, magnetrons, excluding grid-controlled tubeses amounted to $8 per unit, dropping by -9.6% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 91%. The export price peaked at $14 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($18 per unit), while the average price for exports to Thailand ($3.3 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 South Korea (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for tubes; microwave, magnetrons, excluding grid-controlled tubeses amounted to $12 per unit, rising by 20% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 41%. Over the period under review, average import prices reached the maximum at $13 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($15 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), while the prices for the other major suppliers experienced a decline.

Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR

For the fourth year in a row, Hong Kong SAR recorded growth in overseas shipments of tubes; microwave, magnetrons, excluding grid-controlled tubeses, which increased by 20% to 1.6M units in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 118% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of tubes; microwave, magnetrons, excluding grid-controlled tubeses rose rapidly to $13M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes from Hong Kong SAR in 2022:

1. China (1101.6K units)
2. India (208.7K units)
3. Singapore (123.4K units)
4. Vietnam (37.5K units)
5. South Korea (31.7K units)
6. Taiwan (Chinese) (24.2K units)
7. Japan (4.7K units)
8. Thailand (3.8K units)

Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Hong Kong SAR

In 2022, purchases abroad of tubes; microwave, magnetrons, excluding grid-controlled tubeses decreased by -18.3% to 1M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of 1.3M units, and then reduced remarkably in the following year.

In value terms, imports of tubes; microwave, magnetrons, excluding grid-controlled tubeses contracted modestly to $13M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of $13M, and then declined in the following year.

Top Suppliers of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes to Hong Kong SAR in 2022:

1. Japan (600.9K units)
2. Thailand (342.9K units)
3. Germany (41.0K units)
4. South Korea (28.5K units)
5. Netherlands (4.1K units)
6. China (2.3K units)

Source: IndexBox Market Intelligence Platform