United Kingdom: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in the UK

In 2020, the UK metal advertising sign market decreased by X% to $X, falling for the sixth consecutive year after three years of growth. Overall, consumption continues to indicate a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Metal Advertising Sign Production in the UK

In value terms, metal advertising sign production dropped slightly to $X in 2020 estimated in export price. Overall, production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2020, production growth remained at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from the UK

In 2020, after three years of growth, there was significant decline in overseas shipments of metal advertising signs, when their volume decreased by X% to X tons. In general, total exports indicated a temperate expansion from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, metal advertising sign exports fell sharply to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2019, and then shrank sharply in the following year.

Exports by Country

Ireland (X tons) was the main destination for metal advertising sign exports from the UK, with a X% share of total exports. Moreover, metal advertising sign exports to Ireland exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

In value terms, Ireland ($X) remains the key foreign market for metal advertising signs exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into the UK

In 2020, overseas purchases of metal advertising signs were finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, metal advertising sign imports reduced sharply to $X in 2020. Overall, imports, however, saw a noticeable downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

China (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of metal advertising sign imports to the UK, together comprising X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Spain ($X) appeared to be the largest metal advertising sign suppliers to the UK, with a combined X% share of total imports. Italy, Germany, the Czech Republic, the Netherlands, Ireland, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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