Global Base Metal Hinge Market 2025

Base Metal Hinge Market Size

The global base metal hinge market expanded slightly to $X in 2021, growing by 2.4% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Base Metal Hinge Production

In value terms, base metal hinge production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 17% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Base Metal Hinge Exports

Exports

Global base metal hinge exports skyrocketed to X tons in 2021, increasing by 18% against 2020 figures. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 18% against the previous year. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, base metal hinge exports surged to $X in 2021. The total export value increased at an average annual rate of +6.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) was the main exporter of base metal hinges, constituting 49% of total exports. Germany (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Austria (6.1%) and Italy (5.3%). The following exporters - the United States (X tons), Turkey (X tons), Poland (X tons), India (X tons), the Czech Republic (X tons), South Korea (X tons) and Canada (X tons) - together made up 16% of total exports.

Exports from China increased at an average annual rate of +5.6% from 2012 to 2021. At the same time, Italy (+5.7%), Poland (+5.0%), Turkey (+4.9%), Austria (+4.3%), the Czech Republic (+3.8%), Germany (+3.1%) and South Korea (+1.8%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the world, with a CAGR of +5.7% from 2012-2021. India experienced a relatively flat trend pattern. By contrast, the United States (-1.6%) and Canada (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +6.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest base metal hinge supplier worldwide, comprising 35% of global exports. The second position in the ranking was held by Germany ($X), with a 16% share of global exports. It was followed by Austria, with a 10% share.

In China, base metal hinge exports increased at an average annual rate of +10.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+4.5% per year) and Austria (+6.2% per year).

Export Prices by Country

In 2021, the average base metal hinge export price amounted to $X per ton, with an increase of 6.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.2%), while the other global leaders experienced more modest paces of growth.

Base Metal Hinge Imports

Imports

In 2021, global base metal hinge imports skyrocketed to X tons, with an increase of 19% on 2020. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, base metal hinge imports surged to $X in 2021. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) and Poland (X tons) represented the major importers of base metal hinges, together making up 31% of total imports. Mexico (X tons), Russia (X tons), China (X tons), India (X tons), the UK (X tons), Spain (X tons), Indonesia (X tons), Canada (X tons), South Korea (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to base metal hinge imports into the United States stood at +4.0%. At the same time, India (+11.6%), China (+8.2%), Poland (+7.6%), South Korea (+7.1%), Germany (+7.1%), Brazil (+6.8%), the UK (+4.3%), Indonesia (+3.0%), Mexico (+2.5%) and Spain (+1.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +11.6% from 2012-2021. Canada and Russia experienced a relatively flat trend pattern. From 2012 to 2021, the share of Germany and India increased by +1.9 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 31% of global imports. Poland, Mexico, Russia, the UK, Canada, Spain, South Korea, India, Brazil and Indonesia lagged somewhat behind, together comprising a further 27%.

South Korea, with a CAGR of +11.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal hinge import price stood at $X per ton in 2021, increasing by 6.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+8.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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