Hong Kong SAR, China: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in Hong Kong SAR, China

After three years of decline, the Hong Kong hot-dipped metal-coated sheet market increased by 41% to $X in 2021. In general, consumption, however, continues to indicate a mild contraction. Hot-dipped metal-coated sheet consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Hong Kong SAR, China

After two years of growth, overseas shipments of hot-dipped metal-coated sheet decreased by -5.6% to X tons in 2021. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2014 with an increase of 3.8% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet exports soared to $X in 2021. In general, exports continue to indicate a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for hot-dipped metal-coated sheet exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -7.9%.

In value terms, China ($X) also remains the key foreign market for hot-dipped metal-coated sheet exports from Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -7.5%.

Export Prices by Country

In 2021, the average hot-dipped metal-coated sheet export price amounted to $X per ton, picking up by 35% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +0.4% per year.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Hong Kong SAR, China

For the sixth year in a row, Hong Kong SAR recorded decline in purchases abroad of hot-dipped metal-coated sheet, which decreased by -2.3% to X tons in 2021. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 10% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2021. Overall, imports saw a abrupt curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest supplier of hot-dipped metal-coated sheet to Hong Kong SAR, accounting for a 62% share of total imports. Moreover, hot-dipped metal-coated sheet imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Japan amounted to -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.0% per year) and Taiwan (Chinese) (-5.0% per year).

In value terms, Japan ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Hong Kong SAR, comprising 63% of total imports. The second position in the ranking was taken by China ($X), with a 26% share of total imports. It was followed by Taiwan (Chinese), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.6% per year) and Taiwan (Chinese) (-1.5% per year).

Import Prices by Country

In 2021, the average hot-dipped metal-coated sheet import price amounted to $X per ton, growing by 36% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Japan ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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