Report Update: May 1, 2024

Hong Kong SAR, China - Base Metal Staples In Strips For Use In Offices - Market Analysis, Forecast, Size, Trends And Insights

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Office Metal Staple Price in Hong Kong SAR - 2023

Office Metal Staple Price in Hong Kong SAR (CIF) - 2022

In 2022, the average office metal staple import price amounted to $4,147 per ton, with an increase of 11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 15%. Over the period under review, average import prices hit record highs at $4,778 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($18,656 per ton), while the price for China ($1,928 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Office Metal Staple Price in Hong Kong SAR (FOB) - 2022

The average office metal staple export price stood at $5,677 per ton in 2022, rising by 5.1% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2017 an increase of 131% against the previous year. As a result, the export price reached the peak level of $12,040 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($37,245 per ton), while the average price for exports to Iraq ($2,262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+91.5%), while the prices for the other major destinations experienced more modest paces of growth.

Office Metal Staple Imports in Hong Kong SAR

In 2022, approx. 207 tons of base metal staples in strips for use in offices were imported into Hong Kong SAR; picking up by 35% against the previous year. In general, imports, however, showed a perceptible decrease.

In value terms, office metal staple imports skyrocketed to $860K in 2022. Overall, imports, however, showed a pronounced curtailment.

Import of Office Metal Staple in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	597	342	183	510	-5.1%
China	182	125	203	186	0.7%
Japan	115	76.9	126	98.8	-4.9%
Macao SAR	20.1	20.0	23.1	14.9	-9.5%
France	34.0	0.1	0.3	5.0	-47.2%
Others	45.6	39.0	36.9	45.6	0.0%
Total	994	603	572	860	-4.7%

Top Suppliers of Office Metal Staple to Hong Kong SAR in 2022:

Malaysia (99.4 tons)
China (96.3 tons)
Japan (5.3 tons)
Macao SAR (2.7 tons)
France (1.1 tons)

Office Metal Staple Exports in Hong Kong SAR

Office metal staple exports from Hong Kong SAR contracted sharply to 23 tons in 2022, which is down by -35.8% on the previous year's figure. Overall, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 45% against the previous year.

In value terms, office metal staple exports declined rapidly to $132K in 2022. Over the period under review, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year.

Export of Office Metal Staple in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	8.1	6.5	4.9	59.3	94.2%
Taiwan (Chinese)	18.9	22.3	27.0	30.3	17.0%
Macao SAR	21.3	34.8	29.7	25.9	6.7%
Iraq	21.4	13.3	21.7	11.0	-19.9%
China	108	23.4	58.4	2.7	-70.8%
Kazakhstan	13.1	N/A	N/A	N/A	0%
Vietnam	13.3	0.3	0.7	N/A	-77.1%
Zimbabwe	9.7	N/A	N/A	N/A	0%
Singapore	5.5	N/A	N/A	N/A	0%
Poland	11.7	N/A	0.3	N/A	-84.0%
South Africa	12.5	11.2	25.3	N/A	42.3%
Saudi Arabia	15.9	N/A	N/A	N/A	0%
Others	14.6	29.1	28.2	3.2	-39.7%
Total	275	141	196	132	-21.7%

Top Export Markets for Office Metal Staple from Hong Kong SAR in 2022:

Turkey (15.1 tons)
Iraq (4.8 tons)
Macao SAR (1.6 tons)
Taiwan (Chinese) (0.8 tons)
China (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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