Eastern Asia: Metal Cylinder Lock Market 2020

Metal Cylinder Lock Market Size in Eastern Asia

The revenue of the metal cylinder lock market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock consumption increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. The level of metal cylinder lock consumption peaked in 2017, and is likely to see steady growth in the near future.

Metal Cylinder Lock Production in Eastern Asia

In 2017, production of base metal cylinder locks used for doors of buildings in Eastern Asia totaled X tons, jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of metal cylinder lock production peaked in 2017, and is expected to retain its growth in the immediate term.

Metal Cylinder Lock Exports in Eastern Asia

In 2017, approx. X tons of base metal cylinder locks used for doors of buildings were exported in Eastern Asia; rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the metal cylinder lock exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, metal cylinder lock exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock exports decreased by -X% against 2015 indices. Over the period under review, the metal cylinder lock exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Metal Cylinder Lock Exports by Country in Eastern Asia

China dominates metal cylinder lock exports structure, accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X tons), achieving X% share of total exports. China, Hong Kong SAR (X tons) and South Korea (X tons) took the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to metal cylinder lock exports from China stood at +X%. At the same time, South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR increased by X% percentage points, while Taiwan, Chinese (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal cylinder lock supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Metal Cylinder Lock Export Prices by Country in Eastern Asia

The metal cylinder lock export price in Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The export price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cylinder lock export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% against the previous year. Over the period under review, the export prices for base metal cylinder locks used for doors of buildings attained its maximum level of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per kg), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Cylinder Lock Imports in Eastern Asia

In 2017, approx. X tons of base metal cylinder locks used for doors of buildings were imported in Eastern Asia; growing by X% against the previous year. The metal cylinder lock imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Over the period under review, the metal cylinder lock imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, metal cylinder lock imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the metal cylinder lock imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Cylinder Lock Imports by Country in Eastern Asia

In 2017, China (X tons) represented the largest importer for base metal cylinder locks used for doors of buildings, creating X% of total imports. China, Hong Kong SAR (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and South Korea (X%). Taiwan, Chinese (X tons) occupied the minor share of total imports.

China was also the fastest growing in terms of the base metal cylinder locks used for doors of buildings imports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) displayed positive paces of growth. By contrast, Japan (-X%), South Korea (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%), South Korea (X%) and Japan (X%) significantly strengthened its position in terms of the global imports, while China saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal cylinder lock markets worldwide were China ($X), China, Hong Kong SAR ($X) and Japan ($X), together comprising X% of total imports.

Among the main importing countries , China (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Cylinder Lock Import Prices by Country in Eastern Asia

The metal cylinder lock import price in Eastern Asia stood at $X per ton in 2017, flattening at the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012, an increase of X% against the previous year. Over the period under review, the import prices for base metal cylinder locks used for doors of buildings reached its peak figure level of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per kg), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform