Asia-Pacific: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Asia-Pacific

The Asia-Pacific metal advertising sign market declined modestly to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption showed a mild shrinkage. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Asia-Pacific

In value terms, metal advertising sign production stood at $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in Asia-Pacific

China (X tons) remains the largest metal advertising sign producing country in Asia-Pacific, comprising approx. 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.

From 2007 to 2020, the average annual rate of growth in terms of volume in China totaled +X%. 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-Pacific

In 2020, overseas shipments of metal advertising signs decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of export peaked at X tons in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports rose rapidly to $X in 2020. Total exports indicated a slight increase 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 increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

China dominates metal advertising sign exports structure, finishing at X tons, which was near X% of total exports in 2020. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by Hong Kong SAR (X%). Thailand (X tons), India (X tons) and South Korea (X tons) held a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of metal advertising signs. At the same time, Malaysia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, 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. From 2007 to 2020, the share of China, Malaysia and Thailand increased by +X%, +X% and +X% percentage points, while South Korea (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%. 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-Pacific stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached 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-Pacific

In 2020, the amount of metal advertising signs imported in Asia-Pacific shrank remarkably to X tons, waning by -X% against the previous year. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports dropped markedly to $X in 2020. Overall, imports recorded a slight downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Hong Kong SAR (X tons), distantly followed by Malaysia (X tons), Australia (X tons), the Philippines (X tons), India (X tons), Singapore (X tons), Indonesia (X tons) and Vietnam (X tons) were the major importers of metal advertising signs, together comprising X% of total imports. Japan (X tons), China (X tons), Cambodia (X tons), South Korea (X tons) and Thailand (X tons) occupied a relatively small share of total imports.

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

In value terms, China ($X), Hong Kong SAR ($X) and South Korea ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports. The Philippines, Vietnam, Thailand, Australia, Japan, India, Malaysia, Singapore, Indonesia and Cambodia lagged somewhat behind, together accounting for a further X the main importing countries, Cambodia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the metal advertising sign import price in Asia-Pacific amounted to $X per ton, surging by X% against the previous year. In general, the import price enjoyed a resilient expansion. As a result, import 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 importing countries. In 2020, the country with the highest price was China ($X per ton), while Malaysia ($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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