Which Country Imports the Most Metal Advertising Signs in the World?
Other Fabricated Metal Products May 28, 2018
In 2016, the amount of metal advertising sign imported worldwide amounted to 68K tonnes, falling by -2.8% against the previous year level. Overall, metal advertising sign imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when imports increased by 12% y-o-y. Over the period under review, global metal advertising sign imports reached its maximum volume of 74K tonnes in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.
In value terms, metal advertising sign imports stood at $751M in 2016. In general, metal advertising sign imports continue to indicate a relatively flat trend pattern. Global metal advertising sign import peaked of $797M in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Metal Advertising Sign Importing Countries in the World
1. USA (101.7 million USD)
2. China (64.6 million USD)
3. China, Hong Kong SAR (49.6 million USD)
4. Germany (41.9 million USD)
5. Mexico (40.0 million USD)
6. United Kingdom (29.9 million USD)
7. France (26.1 million USD)
8. Italy (11.4 million USD)
9. Australia (10.4 million USD)
10. Saudi Arabia (7.2 million USD)
11. Malaysia (5.2 million USD)
12. South Africa (1.8 million USD)
Metal Advertising Sign Imports By Country
In 2016, China (21K tonnes) represented the key importer for metal advertising sign, creating 31% of total imports. It was distantly followed by the U.S. (6.1K tonnes), comprising 9% share of total metal advertising sign imports. The UK (2.8K tonnes), Mexico (2K tonnes), Italy (1.8K tonnes), China, Hong Kong SAR (1.6K tonnes), Australia (1.6K tonnes), Germany (1.6K tonnes), Saudi Arabia (1.3K tonnes), France (1.3K tonnes), South Africa (1.2K tonnes), and Malaysia (1.2K tonnes) followed a long way behind this figure.
China experienced a relatively flat trend pattern. At the same time, Italy (+21.2%), Saudi Arabia (+8.0%), Australia (+6.6%), Malaysia (+5.8%), and the UK (+2.9%) displayed positive paces of growth. Moreover, Italy emerged as the fastest growing importer/exporter in the world, with a CAGR of +21.2% from 2007-2016. South Africa, and the U.S. experienced a relatively flat trend pattern. By contrast, Mexico (-3.7%), France (-4.4%), Germany (-4.5%), and China, Hong Kong SAR (-4.6%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Italy decreased by -2.1% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($102M), China ($65M) and China, Hong Kong SAR ($50M) constituted the countries with the highest levels of imports in 2016, with a combined 29% share of global imports.
China, Hong Kong SAR (+7.3% per year) recorded the highest growth rate of metal advertising sign imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Metal Advertising Sign Import Prices By Country
In 2016, the average import price for metal advertising sign amounted to $11 per kg, remaining constant against the previous year level. In general, metal advertising sign import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when import increased by 22% y-o-y. Global metal advertising sign import peaked in 2016, and is likely to see steady growth in the near future.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was China, Hong Kong SAR ($30 per kg), while South Africa ($1,484 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of metal advertising sign import prices was attained by China, Hong Kong SAR (+12.5% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global metal advertising sign market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- metal advertising sign market share
- metal advertising sign prices
- metal advertising sign industry
- metal advertising sign sales
- metal advertising sign import
- metal advertising sign export
- metal advertising sign market forecast
- metal advertising sign price forecast
- key metal advertising sign producers
All data provided in this article covers the following product: HS Code 8310 - Sign plates, name plates, address plates and similar plates, numbers, letters and other symbols, of base metal, excluding those of heading no. 9405.
Source: World: Metal Advertising Signs - Market Report. Analysis and Forecast to 2025
