Hong Kong SAR, China: Disc Pick-Up Cartridge Market 2024

Disc Pick-Up Cartridge Market Size in Hong Kong SAR, China

The Hong Kong disc pick-up cartridge market rose sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Disc Pick-Up Cartridge Production in Hong Kong SAR, China

In value terms, disc pick-up cartridge production rose remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Disc Pick-Up Cartridge Exports

Exports from Hong Kong SAR, China

In 2022, the amount of pick-up cartridges for discs or mechanically recorded sound films exported from Hong Kong SAR expanded remarkably to X units, with an increase of X% against the previous year's figure. Over the period under review, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, disc pick-up cartridge exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for disc pick-up cartridge exports from Hong Kong SAR, accounting for a X% share of total exports. It was followed by the United States (X units), with a X% share of total exports. Singapore (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

In value terms, China ($X) remains the key foreign market for pick-up cartridges for discs or mechanically recorded sound films exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average disc pick-up cartridge export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Disc Pick-Up Cartridge Imports

Imports into Hong Kong SAR, China

In 2022, the amount of pick-up cartridges for discs or mechanically recorded sound films imported into Hong Kong SAR fell remarkably to X units, with a decrease of X% against the previous year's figure. Over the period under review, imports recorded a significant decrease. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, disc pick-up cartridge imports fell remarkably to $X in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest disc pick-up cartridge supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, disc pick-up cartridge imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

In value terms, China ($X), Japan ($X) and the United States ($X) constituted the largest disc pick-up cartridge suppliers to Hong Kong SAR, with a combined X% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average disc pick-up cartridge import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a significant increase. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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