Eastern Asia: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Eastern Asia

The East Asian metal advertising sign market declined slightly to $X in 2020, waning by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption failed to regain momentum.

Metal Advertising Sign Production in Eastern Asia

In value terms, metal advertising sign production contracted to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

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Metal Advertising Sign Exports

Exports in Eastern Asia

In 2020, shipments abroad of metal advertising signs decreased by X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports rose sharply to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum in 2020 and are likely to continue growth in years to come.

Exports by Country

China dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X tons), constituting a X% share of total exports. South Korea (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) held a relatively small share of total exports.

From 2012 to 2020, average annual rates of growth with regard to metal advertising sign exports from China stood at X%. At the same time, Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2020. By contrast, Taiwan (Chinese) (X%), South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of Hong Kong SAR (X p.p.) and China (X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of South Korea (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal advertising sign supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2020, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports in Eastern Asia

For the fourth consecutive year, Eastern Asia recorded decline in supplies from abroad of metal advertising signs, which decreased by X% to X tons in 2020. In general, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports fell rapidly to $X in 2020. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Hong Kong SAR (X tons) represented the largest importer of metal advertising signs, making up X% of total imports. Japan (X tons) ranks second in terms of the total imports with a X% share, followed by China (X%), South Korea (X%) and Macao SAR (X%). Taiwan (Chinese) (X tons) held a relatively small share of total imports.

Imports into Hong Kong SAR decreased at an average annual rate of X% from 2012 to 2020. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2020. By contrast, Japan (X%), Taiwan (Chinese) (X%), Macao SAR (X%) and China (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Hong Kong SAR, Japan, South Korea, Macao SAR and Taiwan (Chinese) increased by X, X, X, X and X percentage points, respectively.

In value terms, the largest metal advertising sign importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price posted a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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