Hong Kong SAR, China - Base Metal Automatic Door Closers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Automatic Door Closer in Hong Kong SAR - 2023
Contents:
- Price for Metal Automatic Door Closer in Hong Kong SAR (CIF) - 2023
- Price for Metal Automatic Door Closer in Hong Kong SAR (FOB) - 2023
- Imports of Metal Automatic Door Closer in Hong Kong SAR
- Exports of Metal Automatic Door Closer in Hong Kong SAR
Price for Metal Automatic Door Closer in Hong Kong SAR (CIF) - 2023
The average metal automatic door closer import price stood at $17,787 per ton in June 2023, growing by 51% against the previous month. Overall, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, metal automatic door closer import price increased by +51.1% against May 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 60% m-o-m. The import price peaked at $23,208 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($40,501 per ton), while the price for China ($6,903 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Metal Automatic Door Closer in Hong Kong SAR (FOB) - 2023
In June 2023, the average metal automatic door closer export price amounted to $10,546 per ton, shrinking by -15.3% against the previous month. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 167% month-to-month. The export price peaked at $20,106 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was China ($14,672 per ton), while the average price for exports to the United States ($4,953 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.2%), while the prices for the other major destinations experienced a decline.
Imports of Metal Automatic Door Closer in Hong Kong SAR
In 2022, the amount of base metal automatic door closers imported into Hong Kong SAR declined to 883 tons, shrinking by -9.1% compared with the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 972 tons, and then dropped in the following year.
In value terms, metal automatic door closer imports declined to $10M in 2022. Over the period under review, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year.
Import of Metal Automatic Door Closer in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.5 | 3.6 | 5.2 | 4.4 | 7.9% |
Singapore | 4.3 | 2.3 | 2.8 | 2.6 | -15.4% |
Germany | 1.5 | 1.1 | 1.6 | 1.4 | -2.3% |
Taiwan (Chinese) | 1.7 | 1.2 | 1.2 | 1.2 | -11.0% |
Others | 1.0 | 1.0 | 0.8 | 0.9 | -3.5% |
Total | 12.0 | 9.2 | 11.7 | 10.5 | -4.4% |
Top Suppliers of Metal Automatic Door Closer to Hong Kong SAR in 2022:
- China (593.0 tons)
- Taiwan (Chinese) (134.2 tons)
- Singapore (87.8 tons)
- Germany (32.9 tons)
Exports of Metal Automatic Door Closer in Hong Kong SAR
Metal automatic door closer exports from Hong Kong SAR shrank to 480 tons in 2022, waning by -14.5% on the previous year. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 107% against the previous year. As a result, the exports attained the peak of 561 tons, and then contracted in the following year.
In value terms, metal automatic door closer exports shrank to $3.2M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports attained the peak of $3.5M, and then declined in the following year.
Export of Metal Automatic Door Closer in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 634 | 977 | 1,574 | 1,331 | 28.0% |
Taiwan (Chinese) | 509 | 504 | 986 | 834 | 17.9% |
United Kingdom | 385 | 197 | 241 | 237 | -14.9% |
Macao SAR | 346 | 114 | 259 | 219 | -14.1% |
United States | 130 | 131 | 162 | 137 | 1.8% |
Oman | 177 | 167 | 32.4 | 110 | -14.7% |
Others | 242 | 296 | 278 | 300 | 7.4% |
Total | 2,423 | 2,386 | 3,532 | 3,167 | 9.3% |
Top Export Markets for Metal Automatic Door Closer from Hong Kong SAR in 2022:
- China (231.9 tons)
- Taiwan (Chinese) (168.8 tons)
- United Kingdom (32.9 tons)
- United States (12.1 tons)
- Oman (10.5 tons)
- Macao SAR (7.0 tons)
This report provides an in-depth analysis of the market for metal automatic door closer in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721470 - Base metal automatic door closers
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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