Hong Kong SAR, China - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in Hong Kong SAR - 2023
Contents:
- Base Metal Keys Price in Hong Kong SAR (FOB) - 2023
- Base Metal Keys Price in Hong Kong SAR (CIF) - 2023
- Base Metal Keys Exports in Hong Kong SAR
- Base Metal Keys Imports in Hong Kong SAR
Base Metal Keys Price in Hong Kong SAR (FOB) - 2023
The average base metal keys export price stood at $23,258 per ton in June 2023, reducing by -18.3% against the previous month. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in July 2022 an increase of 29% against the previous month. As a result, the export price reached the peak level of $40,778 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was France ($86,073 per ton), while the average price for exports to Brazil ($8,670 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average base metal keys import price amounted to $20,403 per ton, falling by -1.7% against the previous month. Over the period under review, import price indicated a buoyant increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, base metal keys import price increased by +61.3% against February 2023 indices. The pace of growth appeared the most rapid in August 2022 an increase of 66% month-to-month. As a result, import price attained the peak level of $24,710 per ton. From September 2022 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +7.1% per month.
Base Metal Keys Exports in Hong Kong SAR
In 2022, base metal keys exports from Hong Kong SAR expanded rapidly to 235 tons, growing by 5.8% compared with 2021. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year.
In value terms, base metal keys exports amounted to $7.4M in 2022. Overall, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 27%.
| Export of Base Metal Keys in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7,049 | 2,627 | 2,198 | 1,975 | -34.6% |
| Italy | 1,413 | 928 | 1,787 | 1,755 | 7.5% |
| United Kingdom | 275 | 277 | 478 | 875 | 47.1% |
| France | 415 | 302 | 433 | 699 | 19.0% |
| Poland | 38.1 | 87.4 | 248 | 501 | 136.0% |
| Spain | 21.8 | 48.0 | 124 | 257 | 127.6% |
| China | 486 | 271 | 418 | 186 | -27.4% |
| Germany | 299 | 215 | 181 | 157 | -19.3% |
| Canada | 7.6 | 4.3 | 21.4 | 77.7 | 117.0% |
| Hungary | 192 | 254 | 6.2 | 15.4 | -56.9% |
| Others | 531 | 340 | 881 | 919 | 20.1% |
| Total | 10,728 | 5,353 | 6,775 | 7,417 | -11.6% |
Top Export Markets for Base Metal Keys from Hong Kong SAR in 2022:
- Italy (84.7 tons)
- United States (56.3 tons)
- United Kingdom (21.0 tons)
- Spain (13.4 tons)
- France (9.2 tons)
- Poland (8.4 tons)
- China (7.1 tons)
- Canada (4.5 tons)
- Germany (3.9 tons)
- Hungary (2.1 tons)
Base Metal Keys Imports in Hong Kong SAR
In 2022, imports of base metal keys into Hong Kong SAR contracted to 123 tons, which is down by -7.9% against the previous year. Overall, imports continue to indicate a precipitous setback.
In value terms, base metal keys imports reduced to $2.3M in 2022. In general, imports recorded a deep setback.
| Import of Base Metal Keys in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,390 | 2,098 | 1,571 | 1,814 | -8.8% |
| Taiwan (Chinese) | 264 | 208 | 139 | 111 | -25.1% |
| Germany | 42.3 | 33.9 | 281 | 95.1 | 31.0% |
| Others | 601 | 631 | 346 | 286 | -21.9% |
| Total | 3,298 | 2,971 | 2,336 | 2,307 | -11.2% |
Top Suppliers of Base Metal Keys to Hong Kong SAR in 2022:
- China (113.5 tons)
- Taiwan (Chinese) (4.4 tons)
- Germany (2.4 tons)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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