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  May 10th, 2023 | Written by

Television Receiver Price in United States Grows Slightly to $238 per Unit

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U.S. Television Receiver Import Price in March 2023

In March 2023, the television receiver price amounted to $238 per unit (CIF, US), remaining relatively unchanged against the previous month. Over the period under review, the import price, however, showed a mild downturn. The growth pace was the most rapid in September 2022 an increase of 12% against the previous month. Over the period under review, average import prices reached the peak figure at $301 per unit in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Mexico ($329 per unit), while the price for Taiwan (Chinese) ($108 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-1.3%), while the prices for the other major suppliers experienced a decline.

U.S. Television Receiver Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen ($258 per unit), while the price for tuner blocks ($64.5 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (+15.5%), while the prices for the other products experienced mixed trend patterns.

U.S. Television Receiver Imports

In March 2023, the amount of television receivers imported into the United States skyrocketed to 3.8M units, picking up by 18% compared with the month before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when imports increased by 33% month-to-month. Imports peaked at 5.5M units in October 2022; however, from November 2022 to March 2023, imports failed to regain momentum.

In value terms, television receiver imports soared to $909M (IndexBox estimates) in March 2023. Overall, imports, however, showed a noticeable curtailment. The growth pace was the most rapid in August 2022 when imports increased by 35% against the previous month. Over the period under review, imports hit record highs at 1.6B units in October 2022; however, from November 2022 to March 2023, imports remained at a lower figure.

U.S. Television Receiver Imports by Type

In March 2023, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen (3.4M units) constituted the largest type of television receiver supplied to the United States, with a 90% share of total imports. Moreover, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen exceeded the figures recorded for the second-largest type, tuner blocks (387K units), ninefold.

From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: tuner blocks (-3.1% per month) and reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (-2.8% per month). In value terms, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen ($884M) constituted the largest type of television receiver supplied to the United States, comprising 97% of total imports. The second position in the ranking was taken by tuner blocks ($25M), with a 2.7% share of total imports.

U.S. Television Receiver Imports by Country

In March 2023, Mexico (2.1M units) constituted the largest supplier of television receiver to the United States, with a 56% share of total imports. Moreover, television receiver imports from Mexico exceeded the figures recorded by the second-largest supplier, China (723K units), threefold. The third position in this ranking was taken by Vietnam (544K units), with a 14% share.

From March 2022 to March 2023, the average monthly growth rate of volume from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-0.0% per month) and Vietnam (+0.3% per month).

In value terms, Mexico ($706M) constituted the largest supplier of television receiver to the United States, comprising 78% of total imports. The second position in the ranking was held by China ($86M), with a 9.4% share of total imports. It was followed by Vietnam, with an 8.1% share.

From March 2022 to March 2023, the average monthly growth rate of value from Mexico amounted to -2.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-2.8% per month) and Vietnam (-0.9% per month).

Source: IndexBox Market Intelligence Platform