Hong Kong SAR, China - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadio Navigation Apparatus Price in Hong Kong SAR - 2023
Contents:
- Radio Navigation Apparatus Price in Hong Kong SAR (CIF) - 2022
- Radio Navigation Apparatus Price in Hong Kong SAR (FOB) - 2023
- Radio Navigation Apparatus Imports in Hong Kong SAR
- Radio Navigation Apparatus Exports in Hong Kong SAR
Radio Navigation Apparatus Price in Hong Kong SAR (CIF) - 2022
In 2022, the average radio navigation apparatus import price amounted to $50 per unit, surging by 18% against the previous year. Over the period under review, the import price, however, showed a slight decrease. Over the period under review, average import prices reached the maximum at $56 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Taiwan (Chinese) ($199 per unit), while the price for Austria ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Radio Navigation Apparatus Price in Hong Kong SAR (FOB) - 2023
The average radio navigation apparatus export price stood at $31.3 per unit in September 2023, increasing by 13% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 28% month-to-month. The export price peaked at $46.3 per unit in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was China ($60.1 per unit), while the average price for exports to India ($10.4 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 (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Imports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas purchases of radio navigational aid apparatus, which decreased by -23.5% to 2.3M units in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -8.4% was in 2021. Imports peaked at 5.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, radio navigation apparatus imports declined to $114M in 2022. Overall, imports faced a abrupt shrinkage. Imports peaked at $198M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Radio Navigation Apparatus in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 164 | 97.8 | 81.8 | 57.8 | -29.4% |
| Taiwan (Chinese) | 11.8 | 19.9 | 17.8 | 15.5 | 9.5% |
| Germany | 4.2 | 5.1 | 9.3 | 15.3 | 53.9% |
| Singapore | 2.2 | 4.1 | 4.3 | 10.0 | 65.7% |
| Austria | 2.7 | 1.5 | 2.1 | 6.7 | 35.4% |
| Others | 13.0 | 12.6 | 11.4 | 8.8 | -12.2% |
| Total | 198 | 141 | 127 | 114 | -16.8% |
Top Suppliers of Radio Navigation Apparatus to Hong Kong SAR in 2022:
- China (1585.8K units)
- Austria (337.4K units)
- Germany (163.7K units)
- Taiwan (Chinese) (77.9K units)
- Singapore (59.5K units)
Radio Navigation Apparatus Exports in Hong Kong SAR
In 2022, radio navigation apparatus exports from Hong Kong SAR soared to 4.1M units, increasing by 25% against 2021 figures. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, radio navigation apparatus exports skyrocketed to $149M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Radio Navigation Apparatus in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.9 | 23.7 | 25.8 | 34.7 | -7.5% |
| Austria | 12.1 | 8.4 | 11.8 | 19.7 | 17.6% |
| China | 16.1 | 23.3 | 13.4 | 13.0 | -6.9% |
| Japan | 11.1 | 7.1 | 10.0 | 12.3 | 3.5% |
| Netherlands | 4.4 | 2.8 | 3.2 | 5.4 | 7.1% |
| United Kingdom | 3.3 | 2.5 | 5.5 | 4.6 | 11.7% |
| Mexico | 2.0 | 1.1 | 2.0 | 3.9 | 24.9% |
| India | 2.1 | 3.1 | 1.7 | 3.5 | 18.6% |
| Brazil | 1.1 | 0.6 | 1.6 | 3.3 | 44.2% |
| Australia | 2.4 | 3.7 | 3.2 | 2.6 | 2.7% |
| Canada | 1.0 | 1.3 | 2.2 | 2.3 | 32.0% |
| South Africa | 1.2 | 2.3 | 0.8 | 2.1 | 20.5% |
| South Korea | 0.2 | 1.5 | 2.4 | 1.0 | 71.0% |
| Others | 32.8 | 35.3 | 35.5 | 40.3 | 7.1% |
| Total | 134 | 117 | 119 | 149 | 3.6% |
Top Export Markets for Radio Navigation Apparatus from Hong Kong SAR in 2022:
- United States (1187.5K units)
- Austria (485.0K units)
- Japan (257.8K units)
- China (211.6K units)
- United Kingdom (173.8K units)
- Brazil (135.3K units)
- India (134.2K units)
- Mexico (90.9K units)
- Canada (87.6K units)
- Australia (81.2K units)
- Netherlands (79.7K units)
- South Korea (77.7K units)
- South Africa (75.9K units)
This report provides an in-depth analysis of the radio navigation 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 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
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
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