Eastern Asia: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Eastern Asia

The East Asian metal advertising sign market dropped modestly to $X in 2020, waning by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Eastern Asia

In value terms, metal advertising sign production fell modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Production By Country in Eastern Asia

The country with the largest volume of metal advertising sign production was China (X tons), accounting for X% of total volume. Moreover, metal advertising sign production in China exceeded the figures recorded by the second-largest producer, South Korea (X tons), more than tenfold. Democratic People's Republic of Korea (X tons) ranked third in terms of total production with a X% share.

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

Metal Advertising Sign Exports

Exports in Eastern Asia

In 2020, after two years of growth, there was significant decline in shipments abroad of metal advertising signs, when their volume decreased by -X% to X tons. Over the period under review, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports rose sharply to $X in 2020. Total exports indicated mild growth 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 appeared the most rapid in 2016 with an increase of X% y-o-y. The level of export peaked in 2020 and is likely to see steady growth in the immediate term.

Exports by Country

China prevails in metal advertising sign exports structure, accounting for X tons, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X tons), achieving a X% share of total exports. South Korea (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) occupied a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of metal advertising signs. Taiwan (Chinese) (-X%), Hong Kong SAR (-X%), Japan (-X%) and South Korea (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan, Hong Kong SAR and South Korea saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, metal advertising sign exports increased 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 Japan (-X% per year).

Export Prices by Country

The metal advertising sign export price in Eastern Asia stood at $X per ton in 2020, jumping by X% against the previous year. Export price indicated a notable increase from 2007 to 2020: its price increased 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. 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 Japan ($X per ton), while China ($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 Eastern Asia

Metal advertising sign imports fell significantly to X tons in 2020, declining by -X% compared with 2019 figures. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports fell sharply to $X in 2020. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Hong Kong SAR (X tons) was the largest importer of metal advertising signs, constituting X% of total imports. It was distantly followed by Japan (X tons), China (X tons), South Korea (X tons) and Macao SAR (X tons), together committing a X% share of total imports. Taiwan (Chinese) (X tons) took a little share of total imports.

Imports into Hong Kong SAR decreased at an average annual rate of -X% from 2007 to 2020. South Korea experienced a relatively flat trend pattern. Macao SAR (-X%), Japan (-X%), Taiwan (Chinese) (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Hong Kong SAR, Japan, South Korea, Macao SAR and Taiwan (Chinese) increased by +X%, +X%, +X%, +X% and +X% percentage points, while China (-X p.p.) saw their share reduced.

In value terms, the largest metal advertising sign importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports.

Among the main importing countries, South Korea recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The metal advertising sign import price in Eastern Asia stood at $X per ton in 2020, growing by X% against the previous year. Over the period under review, the import price showed a strong increase. 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 ($X per ton), while Macao SAR ($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

Frequently Asked Questions (FAQ) :