Hong Kong SAR, China: Metal Flexible Tubing Market 2025

Metal Flexible Tubing Market Size in Hong Kong SAR, China

The Hong Kong metal flexible tubing market skyrocketed to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a prominent increase. Metal flexible tubing consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Metal Flexible Tubing Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of iron or steel flexible tubing decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, metal flexible tubing exports contracted slightly to $X in 2022. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for metal flexible tubing exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, metal flexible tubing exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), fourfold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and France (X% per year).

In value terms, China ($X) remains the key foreign market for iron or steel flexible tubing exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Macao SAR ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average metal flexible tubing export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Macao SAR ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports into Hong Kong SAR, China

For the third consecutive year, Hong Kong SAR recorded growth in supplies from abroad of iron or steel flexible tubing, which increased by X% to X tons in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal flexible tubing imports skyrocketed to $X in 2022. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) was the main supplier of metal flexible tubing to Hong Kong SAR, accounting for a X% share of total imports. It was followed by Turkey (X tons), with a X% share of total imports. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel flexible tubing to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Japan (X% per year).

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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