Hong Kong SAR, China: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Hong Kong SAR, China

The Hong Kong metal advertising sign market amounted to $X in 2020, growing by X% against the previous year. Over the period under review, consumption posted a notable increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Metal Advertising Sign Production in Hong Kong SAR, China

In value terms, metal advertising sign production totaled $X in 2020 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. Metal advertising sign production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Hong Kong SAR, China

In 2020, shipments abroad of metal advertising signs decreased by -X% to X tons for the first time since 2013, thus ending a six-year rising trend. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports skyrocketed to $X in 2020. Over the period under review, exports saw moderate growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X tons) was the main destination for metal advertising sign exports from Hong Kong SAR, with a X% share of total exports. Moreover, metal advertising sign exports to the U.S. exceeded the volume sent to the second major destination, China (X tons), threefold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Japan (+X% per year).

In value terms, the U.S. ($X), China ($X) and Germany ($X) were the largest markets for metal advertising sign exported from Hong Kong SAR worldwide, with a combined X% share of total exports. These countries were followed by Vietnam, Mexico, Japan, France, the UK, India, Bangladesh, Indonesia and the Netherlands, which together accounted for a further X terms of the main countries of destination, Bangladesh (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price posted resilient growth. As a result, export price attained 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 Mexico ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Hong Kong SAR, China

In 2020, supplies from abroad of metal advertising signs decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports fell slightly to $X in 2020. In general, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main supplier of metal advertising sign to Hong Kong SAR, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%.

In value terms, China ($X) constituted the largest supplier of metal advertising sign to Hong Kong SAR.

From 2007 to 2020, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a modest 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. Based on 2020 figures, metal advertising sign import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2015 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

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