Hong Kong SAR, China: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2025

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in Hong Kong SAR, China

The Hong Kong loose-leaf binder metal fitting market soared to $X in 2022, growing by 55% against the previous year. Over the period under review, consumption recorded measured growth. Loose-leaf binder metal fitting consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Base Metal Fittings For Loose-Leaf Binders Or Files in Hong Kong SAR, China

In value terms, loose-leaf binder metal fitting production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports from Hong Kong SAR, China

In 2022, exports of base metal fittings for loose-leaf binders or files from Hong Kong SAR shrank significantly to X tons, waning by -76.5% against the previous year. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, loose-leaf binder metal fitting exports reduced notably to $X in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for loose-leaf binder metal fitting exports from Hong Kong SAR, with a 63% share of total exports. Moreover, loose-leaf binder metal fitting exports to China exceeded the volume sent to the second major destination, South Africa (X tons), sixfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-32.5% per year) and Taiwan (Chinese) (-25.1% per year).

In value terms, China ($X) emerged as the key foreign market for base metal fittings for loose-leaf binders or files exports from Hong Kong SAR, comprising 68% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 10% share of total exports. It was followed by Japan, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-20.8% per year) and Japan (-30.4% per year).

Export Prices by Country

The average loose-leaf binder metal fitting export price stood at $X per ton in 2022, growing by 38% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loose-leaf binder metal fitting export price increased by +59.7% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports into Hong Kong SAR, China

In 2022, the amount of base metal fittings for loose-leaf binders or files imported into Hong Kong SAR shrank significantly to X tons, falling by -91.2% on the previous year's figure. Overall, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting imports declined significantly to $X in 2022. Over the period under review, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest loose-leaf binder metal fitting supplier to Hong Kong SAR, accounting for a 63% share of total imports. Moreover, loose-leaf binder metal fitting imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+17.3% per year) and Malaysia (+41.9% per year).

In value terms, Japan ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to Hong Kong SAR, comprising 67% of total imports. The second position in the ranking was held by China ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-40.4% per year) and Malaysia (+27.7% per year).

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, growing by 97% against the previous year. Overall, the import price saw a resilient expansion. As a result, import price attained 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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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