Hong Kong SAR, China: Barbed Wire Market 2025

Barbed Wire Market Size in Hong Kong SAR, China

The Hong Kong barbed wire market declined to $X in 2021, with a decrease of -6.2% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Barbed Wire Production in Hong Kong SAR, China

In value terms, barbed wire production dropped modestly to $X in 2021 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -21.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Barbed Wire Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of barbed wire and entanglements was finally on the rise to reach X tons after eight years of decline. Overall, exports, however, faced a dramatic decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, barbed wire exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a precipitous decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) was the main destination for barbed wire exports from Hong Kong SAR, with a 86% share of total exports. Moreover, barbed wire exports to the Philippines exceeded the volume sent to the second major destination, Guam (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to the Philippines stood at -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guam (+30.2% per year) and the United States (-19.0% per year).

In value terms, the Philippines ($X), Guam ($X) and the United States ($X) appeared to be the largest markets for barbed wire exported from Hong Kong SAR worldwide.

Among the main countries of destination, Guam, with a CAGR of +13.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average barbed wire export price stood at $X per ton in 2021, which is down by -76.6% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 349% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guam ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+27.0%), while the prices for the other major destinations experienced a decline.

Barbed Wire Imports

Imports into Hong Kong SAR, China

Barbed wire imports into Hong Kong SAR contracted to X tons in 2021, declining by -13.7% against 2020 figures. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 243%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, barbed wire imports surged to $X in 2021. Over the period under review, imports recorded a perceptible slump. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of barbed wire to Hong Kong SAR, with a 89% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, Israel (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (0.0% per year) and Taiwan (Chinese) (-20.4% per year).

In value terms, Israel ($X) constituted the largest supplier of barbed wire and entanglements to Hong Kong SAR, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Israel was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-12.0% per year) and Taiwan (Chinese) (-20.7% per year).

Import Prices by Country

In 2021, the average barbed wire import price amounted to $X per ton, increasing by 167% against the previous year. Overall, the import price showed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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