Hong Kong SAR, China - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Hook Price in Hong Kong SAR - 2023

Contents:

  1. Base Metal Hook Price in Hong Kong SAR (FOB) - 2023
  2. Base Metal Hook Price in Hong Kong SAR (CIF) - 2023
  3. Base Metal Hook Exports in Hong Kong SAR
  4. Base Metal Hook Imports in Hong Kong SAR

Base Metal Hook Price in Hong Kong SAR (FOB) - 2023

In August 2023, the average base metal hook export price amounted to $29,339 per ton, growing by 6.9% against the previous month. In general, the export price, however, saw a mild setback. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 14% against the previous month. As a result, the export price attained the peak level of $34,592 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was India ($38,882 per ton), while the average price for exports to Canada ($4,837 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hook Price in Hong Kong SAR (CIF) - 2023

In August 2023, the average base metal hook import price amounted to $29,399 per ton, growing by 3.9% against the previous month. Over the period under review, import price indicated resilient growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, base metal hook import price increased by +49.1% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 51% month-to-month. As a result, import price reached the peak level of $34,183 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($34,213 per ton), while the price for China stood at $29,006 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%).

Base Metal Hook Exports in Hong Kong SAR

Base metal hook exports from Hong Kong SAR fell remarkably to 2.3K tons in 2022, dropping by -40.2% against the year before. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 3.8K tons, and then contracted markedly in the following year.

In value terms, base metal hook exports fell dramatically to $72M in 2022. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. As a result, the exports reached the peak of $103M, and then contracted remarkably in the following year.

Export of Base Metal Hook in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam14.620.821.515.62.2%
China17.315.521.712.1-11.2%
Indonesia7.88.315.68.32.1%
Bangladesh9.111.810.86.9-8.8%
India7.54.73.23.9-19.6%
Cambodia2.82.73.23.02.3%
Sri Lanka4.02.43.63.0-9.1%
Thailand3.84.52.72.0-19.3%
United States2.11.91.71.9-3.3%
Honduras1.12.43.61.510.9%
United Kingdom0.80.50.60.80.0%
Canada0.90.91.10.5-17.8%
Others14.511.213.712.2-5.6%
Total86.587.610371.8-6.0%

Top Export Markets for Base Metal Hook from Hong Kong SAR in 2022:

  1. Vietnam (425.7 tons)
  2. China (325.6 tons)
  3. Indonesia (291.0 tons)
  4. Bangladesh (195.1 tons)
  5. United States (160.1 tons)
  6. India (101.0 tons)
  7. Cambodia (98.2 tons)
  8. Thailand (93.0 tons)
  9. Sri Lanka (86.0 tons)
  10. United Kingdom (64.8 tons)
  11. Canada (49.0 tons)
  12. Honduras (43.1 tons)

Base Metal Hook Imports in Hong Kong SAR

In 2022, the amount of base metal hooks, eyes and eyelets imported into Hong Kong SAR fell notably to 2.3K tons, shrinking by -48.1% on 2021 figures. In general, imports showed a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

In value terms, base metal hook imports plummeted to $45M in 2022. Overall, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $64M, and then shrank remarkably in the following year.

Import of Base Metal Hook in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.237.549.138.50.3%
South Korea5.96.310.03.4-16.8%
Vietnam0.30.92.00.944.2%
Others2.43.22.72.1-4.4%
Total46.947.963.844.9-1.4%

Top Suppliers of Base Metal Hook to Hong Kong SAR in 2022:

  1. China (2160.4 tons)
  2. South Korea (116.1 tons)
  3. Vietnam (35.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hook market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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