Hong Kong SAR, China - Telephonic Or Telegraphic Switching Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Telephonic Or Telegraphic Switching Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Telephonic Switching Apparatus Price in Hong Kong SAR - 2023

Contents:

  1. Telephonic Switching Apparatus Price in Hong Kong SAR (FOB) - 2023
  2. Telephonic Switching Apparatus Price in Hong Kong SAR (CIF) - 2023
  3. Telephonic Switching Apparatus Exports in Hong Kong SAR
  4. Telephonic Switching Apparatus Imports in Hong Kong SAR

Telephonic Switching Apparatus Price in Hong Kong SAR (FOB) - 2023

In June 2023, the average telephonic switching apparatus export price amounted to $63.0 per unit, falling by -23.6% against the previous month. Overall, export price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, telephonic switching apparatus export price decreased by -23.6% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 41% month-to-month. The export price peaked at $82.4 per unit in May 2023, and then declined rapidly in the following month.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($308 per unit), while the average price for exports to Vietnam ($25.9 per unit) 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 India (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Telephonic Switching Apparatus Price in Hong Kong SAR (CIF) - 2023

The average telephonic switching apparatus import price stood at $54.1 per unit in June 2023, growing by 16% against the previous month. Over the period under review, import price indicated a buoyant increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, telephonic switching apparatus import price decreased by -16.1% against April 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 44% against the previous month. As a result, import price attained the peak level of $64.4 per unit. From May 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($112 per unit), while the price for South Korea ($7.5 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Telephonic Switching Apparatus Exports in Hong Kong SAR

Telephonic switching apparatus exports from Hong Kong SAR rose notably to 122M units in 2022, increasing by 13% on 2021. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, telephonic switching apparatus exports rose significantly to $14.6B in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Telephonic Switching Apparatus in Hong Kong SAR (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China1,7391,6072,25513.9%
Netherlands2,0561,7542,1762.9%
United States1,2331,2341,3243.6%
Japan1,0951,243721-18.9%
India6115956866.0%
Singapore6085456301.8%
Australia609481517-7.9%
Russia21829641938.6%
Germany22428034824.6%
Taiwan (Chinese)3273003270.0%
South Korea304282303-0.2%
United Arab Emirates0.40.42952615.7%
Canada253211232-4.2%
Others3,1383,2853,5406.2%
Total12,41712,11213,7725.3%

Top Export Markets for Telephonic Switching Apparatus from Hong Kong SAR in 2022:

  1. China (7.6M units)
  2. Netherlands (7.3M units)
  3. United States (4.4M units)
  4. Japan (2.4M units)
  5. India (2.3M units)
  6. Singapore (2.1M units)
  7. Australia (1.7M units)
  8. Russia (1.4M units)
  9. Germany (1.2M units)
  10. Taiwan (Chinese) (1.1M units)
  11. United Arab Emirates (1.0M units)
  12. South Korea (1.0M units)
  13. Canada (0.8M units)

Telephonic Switching Apparatus Imports in Hong Kong SAR

In 2022, telephonic switching apparatus imports into Hong Kong SAR expanded to 65M units, with an increase of 4.5% against the year before. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 6.3%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, telephonic switching apparatus imports rose notably to $9.6B in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Telephonic Switching Apparatus in Hong Kong SAR (Billion USD)
COUNTRY201920202021CAGR,
2019-2021
China5.45.76.48.9%
Singapore0.10.20.4100.0%
Malaysia0.30.30.415.5%
United States0.40.30.3-13.4%
VietnamN/A0.10.2100.0%
Taiwan (Chinese)0.10.10.10.0%
Thailand0.30.30.1-42.3%
Others0.70.80.70.0%
Total7.37.78.68.5%

Top Suppliers of Telephonic Switching Apparatus to Hong Kong SAR in 2022:

  1. China (19.8M units)
  2. Malaysia (1.2M units)
  3. Singapore (1.1M units)
  4. United States (0.9M units)
  5. Vietnam (0.6M units)
  6. Taiwan (Chinese) (0.4M units)
  7. Thailand (0.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephonic switching 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 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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