Hong Kong SAR, China - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Padlock Price in Hong Kong SAR - 2023
Contents:
- Base Metal Padlock Price in Hong Kong SAR (FOB) - 2023
- Base Metal Padlock Price in Hong Kong SAR (CIF) - 2023
- Base Metal Padlock Exports in Hong Kong SAR
- Base Metal Padlock Imports in Hong Kong SAR
Base Metal Padlock Price in Hong Kong SAR (FOB) - 2023
The average base metal padlock export price stood at $14,519 per ton in June 2023, with an increase of 1.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $18,296 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($15,849 per ton), while the average price for exports to Trinidad and Tobago ($5,691 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 the United States (+0.3%), while the prices for the other major destinations experienced a decline.
Base Metal Padlock Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average base metal padlock import price amounted to $13,239 per ton, approximately reflecting the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 23% month-to-month. The import price peaked at $15,977 per ton in January 2023; however, from February 2023 to June 2023, 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 -0.1% per month.
Base Metal Padlock Exports in Hong Kong SAR
After three years of growth, shipments abroad of base metal padlocks decreased by -38.7% to 1.9K tons in 2022. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 2.2% against the previous year. As a result, the exports attained the peak of 3K tons, and then shrank significantly in the following year.
In value terms, base metal padlock exports shrank sharply to $25M in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.4% against the previous year. As a result, the exports attained the peak of $36M, and then contracted significantly in the following year.
| Export of Base Metal Padlock in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.4 | 18.9 | 19.2 | 14.2 | -6.5% |
| France | 2.7 | 3.1 | 2.5 | 4.2 | 15.9% |
| Australia | 1.7 | 1.7 | 1.7 | 1.6 | -2.0% |
| Singapore | 0.2 | 0.2 | 0.7 | 0.7 | 51.8% |
| United Kingdom | 3.1 | 2.3 | 1.1 | 0.5 | -45.6% |
| Germany | 1.7 | 1.2 | 3.5 | 0.4 | -38.3% |
| South Africa | 1.0 | 0.2 | 0.7 | 0.3 | -33.1% |
| Japan | 2.5 | 1.7 | 1.5 | 0.3 | -50.7% |
| Canada | 1.0 | 0.7 | 0.9 | 0.2 | -41.5% |
| Others | 4.5 | 4.0 | 4.2 | 2.8 | -14.6% |
| Total | 35.6 | 33.9 | 36.0 | 25.2 | -10.9% |
Top Export Markets for Base Metal Padlock from Hong Kong SAR in 2022:
- United States (1162.5 tons)
- France (276.4 tons)
- Australia (105.0 tons)
- Singapore (40.8 tons)
- United Kingdom (32.7 tons)
- South Africa (25.4 tons)
- Germany (15.7 tons)
- Canada (14.0 tons)
- Japan (11.8 tons)
Base Metal Padlock Imports in Hong Kong SAR
In 2022, approx. 1.7K tons of base metal padlocks were imported into Hong Kong SAR; falling by -48.7% compared with 2021 figures. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 3.3K tons, and then dropped dramatically in the following year.
In value terms, base metal padlock imports reduced notably to $21M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $34M, and then dropped sharply in the following year.
| Import of Base Metal Padlock in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.5 | 27.1 | 33.6 | 21.0 | -13.5% |
| Others | 1.1 | 0.6 | 0.9 | 0.5 | -23.1% |
| Total | 33.6 | 27.7 | 34.4 | 21.5 | -13.8% |
Top Suppliers of Base Metal Padlock to Hong Kong SAR in 2022:
- China (1691.8 tons)
This report provides an in-depth analysis of the base metal padlock 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 25721130 - Base metal padlocks
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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