Asia: Metal Cylinder Lock Market 2020

Metal Cylinder Lock Market Size in Asia

The revenue of the metal cylinder lock market in Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock consumption increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. The level of metal cylinder lock consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Metal Cylinder Lock Production in Asia

In 2017, metal cylinder lock production in Asia totaled X tons, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% against the previous year. Over the period under review, the metal cylinder lock production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Metal Cylinder Lock Exports in Asia

In 2017, metal cylinder lock exports in Asia totaled X tons, growing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the metal cylinder lock exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, metal cylinder lock exports amounted to $X in 2017. The total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Metal Cylinder Lock Exports by Country in Asia

China dominates metal cylinder lock exports structure, amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X tons), generating X% share of total exports. The following exporters - Turkey (X tons), China, Hong Kong SAR (X tons), the Philippines (X tons), India (X tons) and South Korea (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to metal cylinder lock exports from China stood at +X%. At the same time, the Philippines (+X%), India (+X%), South Korea (+X%), Taiwan, Chinese (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR increased by X% percentage points, while Taiwan, Chinese (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal cylinder lock supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Metal Cylinder Lock Export Prices by Country in Asia

In 2017, the metal cylinder lock export price in Asia amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. Over the period under review, the export prices for base metal cylinder locks used for doors of buildings attained its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X per kg), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Cylinder Lock Imports in Asia

In 2017, the amount of base metal cylinder locks used for doors of buildings imported in Asia stood at X tons, growing by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the metal cylinder lock imports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, metal cylinder lock imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock imports increased by +X% against 2009 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Metal Cylinder Lock Imports by Country in Asia

In 2017, China (X tons), distantly followed by China, Hong Kong SAR (X tons), Malaysia (X tons), India (X tons), Afghanistan (X tons), Thailand (X tons) and Turkey (X tons) were the key importers of base metal cylinder locks used for doors of buildings, together committing X% of total imports. The following importers - Indonesia (X tons), Japan (X tons), the Philippines (X tons), Vietnam (X tons) and the United Arab Emirates (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to metal cylinder lock imports into China stood at +X%. At the same time, Afghanistan (+X%), the Philippines (+X%), Vietnam (+X%), Indonesia (+X%), India (+X%), Malaysia (+X%), Thailand (+X%), Turkey (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly in terms of the global imports from 2007-2017, the share of Turkey (-X%), Vietnam (-X%), the Philippines (-X%), Thailand (-X%), Indonesia (-X%), India (-X%), Malaysia (-X%), Afghanistan (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), China, Hong Kong SAR ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Japan, India, Afghanistan, Malaysia, Turkey, the United Arab Emirates, Indonesia, the Philippines and Vietnam lagged somewhat behind, together comprising a further X%.

Afghanistan (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Cylinder Lock Import Prices by Country in Asia

The metal cylinder lock import price in Asia stood at $X per ton in 2017, approximately equating the previous year. The metal cylinder lock import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Over the period under review, the import prices for base metal cylinder locks used for doors of buildings reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per kg), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform