Hong Kong SAR, China: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in Hong Kong SAR, China

The Hong Kong rubber-to-metal and moulded article market rose sharply to $X in 2021, surging by 5.2% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in years to come.

Production of Rubber-to-Metal and Moulded Articles in Hong Kong SAR, China

In value terms, rubber-to-metal and moulded article production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Hong Kong SAR, China

In 2021, after two years of decline, there was significant growth in overseas shipments of rubber-to-metal and moulded articles, when their volume increased by 34% to X tons. Over the period under review, exports, however, saw a slight shrinkage. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main destinations of rubber-to-metal and moulded article exports from Hong Kong SAR, together comprising 69% of total exports. France, the UK, Vietnam, the Philippines, Germany, the Netherlands, India and Bangladesh lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +35.0%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Japan ($X) were the largest markets for rubber-to-metal and moulded article exported from Hong Kong SAR worldwide, together comprising 67% of total exports. These countries were followed by France, Vietnam, Germany, the Philippines, the UK, the Netherlands, India and Bangladesh, which together accounted for a further 17%.

In terms of the main countries of destination, the Philippines, with a CAGR of +33.3%, recorded the highest rates of growth with regard to 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

The average rubber-to-metal and moulded article export price stood at $X per ton in 2021, almost unchanged from the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Bangladesh ($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 Vietnam (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into Hong Kong SAR, China

In 2021, purchases abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a mild contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, rubber-to-metal and moulded article imports surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of rubber-to-metal and moulded article to Hong Kong SAR, accounting for a 78% share of total imports. Moreover, rubber-to-metal and moulded article imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), ninefold. The third position in this ranking was taken by Thailand (X tons), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+4.7% per year) and Thailand (-1.0% per year).

In value terms, China ($X) constituted the largest supplier of rubber-to-metal and moulded articles to Hong Kong SAR, comprising 56% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total imports. It was followed by Japan, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+12.5% per year) and Japan (-4.4% per year).

Import Prices by Country

In 2021, the average rubber-to-metal and moulded article import price amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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