Eastern Asia: Metal Non-Electric Bell Market 2024

Metal Non-Electric Bell Market Size in Eastern Asia

The East Asian metal non-electric bell market was finally on the rise to reach $X in 2022, after nine years of decline. Over the period under review, consumption showed a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Non-Electric Bell Production in Eastern Asia

In value terms, metal non-electric bell production declined to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Metal Non-Electric Bell Exports

Exports in Eastern Asia

In 2022, metal non-electric bell exports in Eastern Asia declined slightly to X tons, with a decrease of X% against the previous year. Total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, metal non-electric bell exports expanded notably to $X in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Taiwan (Chinese) (X tons) held a minor share of total exports.

China was also the fastest-growing in terms of the non-electric bells and gongs of base metal exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal non-electric bell supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, metal non-electric bell exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Metal Non-Electric Bell Imports

Imports in Eastern Asia

In 2022, the amount of non-electric bells and gongs of base metal imported in Eastern Asia shrank slightly to X tons, falling by X% against the previous year's figure. Over the period under review, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal non-electric bell imports rose slightly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan represented the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by South Korea (X tons), China (X tons) and Taiwan (Chinese) (X tons), together achieving a X% share of total imports. The following importers - Hong Kong SAR (X tons) and Democratic People's Republic of Korea (X tons) - each recorded a X% share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of non-electric bells and gongs of base metal. At the same time, South Korea (X%) and China (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 2012-2022. By contrast, Democratic People's Republic of Korea (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan, South Korea and China increased by X, X and X percentage points, respectively.

In value terms, Japan ($X) constitutes the largest market for imported non-electric bells and gongs of base metal in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, metal non-electric bell imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and China (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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