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Hong Kong SAR, China - Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadar Apparatus Price in Hong Kong SAR - 2023
Contents:
- Radar Apparatus Price in Hong Kong SAR (FOB) - 2023
- Radar Apparatus Price in Hong Kong SAR (CIF) - 2022
- Radar Apparatus Exports in Hong Kong SAR
- Radar Apparatus Imports in Hong Kong SAR
Radar Apparatus Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average radar apparatus export price amounted to $12.2 per unit, picking up by 41% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($46.9 per unit), while the average price for exports to Vietnam ($3.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Radar Apparatus Price in Hong Kong SAR (CIF) - 2022
In 2022, the average radar apparatus import price amounted to $76 per unit, rising by 1.6% against the previous year. In general, the import price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,732%. Over the period under review, average import prices hit record highs at $1,937 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($134 per unit), while the price for Vietnam ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Radar Apparatus Exports in Hong Kong SAR
In 2022, exports of radar apparatus, radio navigational aid apparatus and radio remote control apparatus from Hong Kong SAR expanded sharply to 3.9M units, picking up by 14% against 2021. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, radar apparatus exports expanded remarkably to $354M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Radar Apparatus in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 25.5 | 48.3 | 63.6 | 65.2 | 36.7% |
United States | 70.6 | 36.7 | 41.9 | 59.5 | -5.5% |
China | 49.6 | 52.0 | 56.0 | 48.4 | -0.8% |
Japan | 33.5 | 22.3 | 23.5 | 29.9 | -3.7% |
Austria | 12.2 | 8.6 | 13.5 | 21.4 | 20.6% |
Germany | 20.9 | 15.7 | 20.6 | 14.5 | -11.5% |
Malaysia | 10.1 | 11.1 | 10.9 | 9.9 | -0.7% |
United Kingdom | 6.1 | 7.2 | 8.7 | 8.0 | 9.5% |
Netherlands | 8.0 | 5.8 | 5.2 | 7.9 | -0.4% |
India | 3.2 | 3.8 | 7.8 | 7.6 | 33.4% |
Australia | 8.6 | 9.7 | 8.1 | 7.2 | -5.8% |
Singapore | 8.4 | 4.3 | 4.5 | 6.5 | -8.2% |
France | 6.3 | 4.7 | 5.0 | 5.9 | -2.2% |
Others | 42.1 | 46.2 | 52.5 | 62.3 | 14.0% |
Total | 305 | 276 | 322 | 354 | 5.1% |
Top Export Markets for Radar Apparatus from Hong Kong SAR in 2022:
- Vietnam (896.6K units)
- United States (606.1K units)
- China (518.7K units)
- Japan (333.4K units)
- Germany (174.0K units)
- Austria (173.3K units)
- Malaysia (131.9K units)
- Australia (84.0K units)
- India (83.3K units)
- United Kingdom (82.0K units)
- Netherlands (74.6K units)
- France (65.8K units)
- Singapore (52.6K units)
Radar Apparatus Imports in Hong Kong SAR
In 2022, radar apparatus imports into Hong Kong SAR declined to 3M units, falling by -14.9% compared with 2021 figures. Overall, imports showed a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 3.5M units, and then reduced in the following year.
In value terms, radar apparatus imports contracted to $227M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, imports hit record highs at $288M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Radar Apparatus in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 230 | 157 | 187 | 149 | -13.5% |
Germany | 6.0 | 6.8 | 12.0 | 17.1 | 41.8% |
Taiwan (Chinese) | 12.6 | 21.1 | 19.3 | 16.1 | 8.5% |
Singapore | 2.9 | 4.3 | 4.5 | 11.4 | 57.8% |
Japan | 18.6 | 14.9 | 13.9 | 8.2 | -23.9% |
Austria | 2.7 | 1.6 | 2.3 | 6.8 | 36.1% |
United States | 5.1 | 3.7 | 10.8 | 5.8 | 4.4% |
Vietnam | N/A | N/A | 0.1 | 2.4 | 2300.0% |
Others | 9.7 | 10.4 | 12.1 | 9.9 | 0.7% |
Total | 288 | 220 | 262 | 227 | -7.6% |
Top Suppliers of Radar Apparatus to Hong Kong SAR in 2022:
- China (2326.1K units)
- Germany (128.7K units)
- Taiwan (Chinese) (124.2K units)
- Singapore (85.4K units)
- Japan (78.0K units)
- United States (51.1K units)
- Austria (50.6K units)
- Vietnam (49.8K units)
This report provides an in-depth analysis of the radar apparatus 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 26512020 - Radar apparatus
- Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
- Prodcom 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
- Prodcom 26512060 -
- Prodcom 26512090 -
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
This report provides an in-depth analysis of the radar apparatus market in Hong Kong SAR, China.
This report provides an in-depth analysis of the radar apparatus market in Hong Kong SAR, China.
This report provides an in-depth analysis of the radio navigation apparatus market in Hong Kong SAR, China.
This report provides an in-depth analysis of the remote control apparatus market in Hong Kong SAR, China.
This report provides an in-depth analysis of the radar apparatus market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global radar apparatus market.
This report provides an in-depth analysis of the global radar apparatus market.
This report provides an in-depth analysis of the global radio navigation apparatus market.
This report provides an in-depth analysis of the global remote control apparatus market.
This report provides an in-depth analysis of the global radar apparatus market.
During the review period, exports of Radar Apparatus reached a peak of 4.1M units in July 2023, but decreased in the following months. In November 2023, the value of Radar Apparatus exports dropped to $15M.
In October 2022, the exports of Radar Apparatus reached their highest point with 4.4M units. However, from November 2022 to October 2023, the exports were unable to regain momentum. In terms of value, the exports of Radar Apparatus saw a significant decline, plummeting to $26M in October 2023.
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
Explore the top import markets for radar apparatus, including the United States, Germany, Japan, and more. Learn about the key factors driving import demand and the benefits of the IndexBox market intelligence platform.
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
Explore the top import markets for remote control apparatus, including countries like the United States, Germany, China, and more. Learn about the key statistics and insights from the IndexBox market intelligence platform.
In value terms, navigational instruments and appliances imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
In value terms, navigational instruments and appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend...
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...