Report Update: May 1, 2024

Hong Kong SAR, China - Printed Circuits - Market Analysis, Forecast, Size, Trends and Insights

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Printed Circuit Price in Hong Kong SAR - 2023

Printed Circuit Price in Hong Kong SAR (FOB) - 2023

In October 2023, the average printed circuit export price amounted to $458 per thousand units, dropping by -2.4% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 17% month-to-month. The export price peaked at $482 per thousand units in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($1.1 per unit), while the average price for exports to Italy ($213 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Printed Circuit Price in Hong Kong SAR (CIF) - 2023

In October 2023, the average printed circuit import price amounted to $370 per thousand units, picking up by 4.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8.9% m-o-m. Over the period under review, average import prices hit record highs in October 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -0.1% per month.

Printed Circuit Exports in Hong Kong SAR

In 2022, approx. 24B units of printed circuits were exported from Hong Kong SAR; falling by -16.3% compared with 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of 29B units, and then fell dramatically in the following year.

In value terms, printed circuit exports reduced to $10.4B in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $11.6B, and then reduced in the following year.

Export of Printed Circuit in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4,957	4,307	4,719	3,654	-9.7%
United States	926	856	1,117	1,000	2.6%
Vietnam	253	373	491	641	36.3%
Germany	514	462	646	573	3.7%
Mexico	326	329	520	526	17.3%
Japan	331	339	451	461	11.7%
Thailand	204	220	358	413	26.5%
Malaysia	207	267	347	379	22.3%
Taiwan (Chinese)	146	195	335	365	35.7%
India	156	177	205	271	20.2%
Hungary	153	155	215	179	5.4%
Italy	112	111	171	145	9.0%
Romania	126	124	147	134	2.1%
Others	1,397	1,343	1,911	1,650	5.7%
Total	9,809	9,257	11,632	10,392	1.9%

Top Export Markets for Printed Circuit from Hong Kong SAR in 2022:

China (4.7B units)
United States (2.6B units)
Mexico (2.1B units)
Germany (2.1B units)
Japan (1.7B units)
Vietnam (1.2B units)
Thailand (1.1B units)
Malaysia (0.7B units)
Hungary (0.7B units)
Italy (0.6B units)
Taiwan (Chinese) (0.6B units)
India (0.6B units)
Romania (0.5B units)

Printed Circuit Imports in Hong Kong SAR

Printed circuit imports into Hong Kong SAR dropped rapidly to 25B units in 2022, reducing by -21.6% on 2021 figures. In general, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 32B units, and then dropped rapidly in the following year.

In value terms, printed circuit imports shrank dramatically to $8.5B in 2022. Overall, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of $10.2B, and then declined remarkably in the following year.

Import of Printed Circuit in Hong Kong SAR (Billion USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.1	6.7	8.3	6.9	-0.9%
Others	1.9	2.0	1.8	1.5	-7.6%
Total	9.0	8.6	10.2	8.5	-1.9%

Top Suppliers of Printed Circuit to Hong Kong SAR in 2022:

China (24.2B units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the printed circuit 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 26121020 - Bare multilayer printed circuit boards
Prodcom 26121050 - Bare printed circuit boards other than multilayer
Prodcom 26121080 - Passive networks (including networks of resistors and/or capacitors) (excluding resistor chip arrays, capacitor chip arrays, boards containing active components, hybrids)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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