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Industry Analysis

LOCATION:HOME - NEWS - Industry Analysis

The Latest Import and Export Analysis for Chinese Routers (HS: 85176236) in 2024

Issuing time:2024-12-13 Author:Alisa Back to list

       Routers play a crucial role in modern life, as both households and businesses rely on them to achieve efficient network connectivity, data transmission, and security. With the development of technology, the functions of routers are constantly expanding, making them even more indispensable in future digital life. Today, let's learn about the export situation of Chinese routers (HS: 85176236).

       According to customs data, the export of Chinese routers (HS: 85176236) showed some volatility from 2018 to 2024. Overall, although the export value reached its highest point of 3.05 billion US dollars in 2018, it has since declined to 1.35 billion US dollars by 2024, a decrease of 29.08% compared to the same period in 2023. Secondly, the export quantity has also experienced fluctuations, reaching a peak of 82.94 million units in 2020 and gradually decreasing thereafter. Although the total export value in 2024 has decreased compared to 2023, in terms of quantity, it has increased by 5.73% compared to the same period in 2023.

In terms of unit price, in 2018, the average unit price was about 52.72 US dollars per unit, with the highest value occurring in 2022 at an average unit price of 64.74 US dollars per unit. However, by 2024, the average unit price dropped to 42.09 US dollars per unit, and the lowest price occurred during the COVID-19 pandemic in 2020 at 34.23 US dollars per unit. Over time, the unit price of router products has shown a downward trend, which not only reflects the intensification of market competition, but also is related to the reduction of production costs for enterprises.

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       According to data from January to October 2024, the export market of Chinese routers (HS: 85176236) can be viewed from two levels. Firstly, in terms of export value, the export market of Chinese routers is mainly concentrated in Hong Kong, South Korea, South Africa, the United States, and the United Kingdom. Compared with the same period in 2023, South Africa grew by 49.38% and South Korea grew by 8.47%. Secondly, in terms of export volume, China's router exports are mainly concentrated in South Korea, Hong Kong, Brazil, Bangladesh, Indonesia, etc., indicating that China's router exports are also developing towards diversified markets.

       Overall, Chinese enterprises should focus on technological innovation and brand building in the face of the current situation, improve product quality and service levels, and enhance international competitiveness. At the same time, Chinese export enterprises also need to closely monitor market dynamics, flexibly adjust strategies to cope with challenges brought by various uncertainties, and actively seek new market growth points. Developing diversified markets is also one of the important directions.

       As the first data company in China, Guomao Tong can provide import and export customs data for more than 80 countries from 2010 to present. It can accurately analyze the distribution of import and export markets online, as well as the detailed transaction situation of import and export enterprises, specific quantity and price analysis, supply cycle, etc. Provide reliable and reliable data for major foreign trade enterprises and industry consulting companies.


(This article is an original creation by BTD. Please indicate the source when reposting.)