Hong Kong SAR, China: Base Metal Keys Market 2024

Base Metal Keys Market Size in Hong Kong SAR, China

The Hong Kong base metal keys market shrank rapidly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption recorded a deep reduction. Base metal keys consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Base Metal Keys Production in Hong Kong SAR, China

In value terms, base metal keys production declined to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Base metal keys production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Base Metal Keys Exports

Exports from Hong Kong SAR, China

In 2022, exports of base metal keys from Hong Kong SAR stood at X tons, growing by X% on 2021. Overall, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, base metal keys exports stood at $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), the United States (X tons) and the UK (X tons) were the main destinations of base metal keys exports from Hong Kong SAR, with a combined X% share of total exports. Spain, France, Poland, China, Canada and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for base metal keys exported from Hong Kong SAR were the United States ($X), Italy ($X) and the UK ($X), together comprising X% of total exports. France, Poland, Spain, China, Germany and Canada lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average base metal keys export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Canada ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Keys Imports

Imports into Hong Kong SAR, China

In 2022, approx. X tons of base metal keys were imported into Hong Kong SAR; waning by X% against the year before. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, base metal keys imports declined modestly to $X in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value 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, imports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of base metal keys to Hong Kong SAR, accounting for a X% share of total imports. Moreover, base metal keys imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of base metal keys to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average base metal keys import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price 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, base metal keys import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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