Hong Kong SAR, China: Base Station Market 2022

Base Station Market Size in Hong Kong SAR, China

In 2021, the Hong Kong base station market increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption showed a strong expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Base Station Production in Hong Kong SAR, China

In value terms, base station production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a precipitous decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Base station production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Base Station Exports

Exports from Hong Kong SAR, China

After five years of decline, overseas shipments of base stations increased by X% to X tons in 2021. Overall, exports, however, continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, base station exports soared to $X in 2021. In general, exports, however, continue to indicate a abrupt slump. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for base station exports from Hong Kong SAR, with a X% share of total exports. Moreover, base station exports to Argentina exceeded the volume sent to the second major destination, Ethiopia (X tons), twofold. The third position in this ranking was occupied by Mozambique (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Mozambique (-X% per year).

In value terms, Argentina ($X) emerged as the key foreign market for base station exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by Ethiopia ($X), with an X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Argentina amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Mozambique (-X% per year).

Export Prices by Country

The average base station export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Station Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of base stations decreased by -X% to X tons, falling for the sixth year in a row after four years of growth. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, base station imports contracted significantly to $X in 2021. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main base station supplier to Hong Kong SAR, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%.

In value terms, China ($X) constituted the largest supplier of base station to Hong Kong SAR.

From 2012 to 2021, the average annual growth rate of value from China stood at -X%.

Import Prices by Country

The average base station import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform