Asia: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Asia

The Asian metal advertising sign market shrank slightly to $X in 2020, standing approx. at the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Asia

In value terms, metal advertising sign production stood at $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of metal advertising sign production, accounting for X% of total volume. Moreover, metal advertising sign production in China exceeded the figures recorded by the second-largest producer, India (X tons), sevenfold. South Korea (X tons) ranked third in terms of total production with a X% share.

In China, metal advertising sign production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: India (-X% per year) and South Korea (+X% per year).

Metal Advertising Sign Exports

Exports in Asia

In 2020, after two years of growth, there was significant decline in overseas shipments of metal advertising signs, when their volume decreased by -X% to X tons. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2019, and then dropped markedly in the following year.

In value terms, metal advertising sign exports totaled $X in 2020. Total exports indicated a slight expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

China prevails in metal advertising sign exports structure, recording X tons, which was approx. X% of total exports in 2020. Malaysia (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Hong Kong SAR (X%). Thailand (X tons), India (X tons), Turkey (X tons) and South Korea (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of metal advertising signs. At the same time, Malaysia (+X%), Thailand (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. India experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of Malaysia (+X p.p.), China (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of South Korea (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal advertising sign supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In China, metal advertising sign exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and South Korea (-X% per year).

Export Prices by Country

The metal advertising sign export price in Asia stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports in Asia

For the fourth year in a row, Asia recorded decline in overseas purchases of metal advertising signs, which decreased by -X% to X tons in 2020. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of import peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports fell rapidly to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Hong Kong SAR (X tons), the United Arab Emirates (X tons), Malaysia (X tons), the Philippines (X tons) and India (X tons) was the main importer of metal advertising signs in Asia, achieving X% of total import. Singapore (X tons), Indonesia (X tons), Vietnam (X tons), Iraq (X tons), Japan (X tons), Oman (X tons), Turkey (X tons) and China (X tons) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Oman, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal advertising sign importing markets in Asia were China ($X), Hong Kong SAR ($X) and the Philippines ($X), with a combined X% share of total imports. These countries were followed by Vietnam, the United Arab Emirates, Japan, India, Malaysia, Singapore, Indonesia, Turkey, Iraq and Oman, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The metal advertising sign import price in Asia stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the import price enjoyed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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