Hong Kong SAR, China - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Tapping Screw Price in Hong Kong SAR - 2023
Contents:
- Metal Self-Tapping Screw Price in Hong Kong SAR (CIF) - 2023
- Metal Self-Tapping Screw Price in Hong Kong SAR (FOB) - 2022
- Metal Self-Tapping Screw Imports in Hong Kong SAR
- Metal Self-Tapping Screw Exports in Hong Kong SAR
Metal Self-Tapping Screw Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average metal self-tapping screw import price amounted to $4,372 per ton, declining by -29.3% against the previous month. Overall, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in January 2023 an increase of 101% month-to-month. As a result, import price attained the peak level of $11,058 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Taiwan (Chinese) ($5,278 per ton), while the price for China amounted to $3,498 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-3.0%).
Metal Self-Tapping Screw Price in Hong Kong SAR (FOB) - 2022
In 2022, the average metal self-tapping screw export price amounted to $19,630 per ton, surging by 12% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2019 an increase of 55%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($67,242 per ton), while the average price for exports to Malaysia ($5,493 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 the UK (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Self-Tapping Screw Imports in Hong Kong SAR
In 2022, approx. 2.2K tons of iron or steel self-tapping screws were imported into Hong Kong SAR; reducing by -23% on the previous year's figure. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
In value terms, metal self-tapping screw imports declined significantly to $13M in 2022. Over the period under review, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, imports reached the peak of $15M, and then reduced rapidly in the following year.
| Import of Metal Self-Tapping Screw in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 7.1 | 9.0 | 8.5 | -4.0% |
| Taiwan (Chinese) | 2.2 | 2.1 | 2.1 | 1.9 | -4.8% |
| Malaysia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 1.5 | 1.5 | 4.3 | 2.1 | 11.9% |
| Total | 13.4 | 10.7 | 15.4 | 12.6 | -2.0% |
Top Suppliers of Metal Self-Tapping Screw to Hong Kong SAR in 2022:
- China (1805.0 tons)
- Taiwan (Chinese) (287.7 tons)
- Malaysia (32.3 tons)
Metal Self-Tapping Screw Exports in Hong Kong SAR
In 2022, exports of iron or steel self-tapping screws from Hong Kong SAR declined to 628 tons, reducing by -4.8% on 2021. Over the period under review, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 2.2% against the previous year.
In value terms, metal self-tapping screw exports rose sharply to $12M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 12%.
| Export of Metal Self-Tapping Screw in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,111 | 2,784 | 2,995 | 4,433 | 12.5% |
| Thailand | 2,039 | 1,639 | 1,953 | 1,924 | -1.9% |
| United States | 2,643 | 2,495 | 2,407 | 1,909 | -10.3% |
| Vietnam | 525 | 1,025 | 1,247 | 913 | 20.3% |
| India | 479 | 168 | 438 | 647 | 10.5% |
| Mexico | 319 | 357 | 299 | 389 | 6.8% |
| Hungary | 51.8 | 39.0 | 186 | 388 | 95.7% |
| France | 199 | 284 | 174 | 153 | -8.4% |
| Czech Republic | 135 | 102 | 229 | 134 | -0.2% |
| Malaysia | 148 | 109 | 232 | 97.5 | -13.0% |
| United Kingdom | 175 | 199 | 94.7 | 58.7 | -30.5% |
| Others | 2,630 | 1,162 | 1,340 | 1,281 | -21.3% |
| Total | 12,455 | 10,364 | 11,595 | 12,327 | -0.3% |
Top Export Markets for Metal Self-Tapping Screw from Hong Kong SAR in 2022:
- China (303.9 tons)
- United States (62.4 tons)
- Vietnam (55.7 tons)
- Hungary (53.5 tons)
- Thailand (28.6 tons)
- Mexico (18.2 tons)
- Czech Republic (18.0 tons)
- Malaysia (17.7 tons)
- United Kingdom (5.2 tons)
- France (4.8 tons)
- India (4.1 tons)
This report provides an in-depth analysis of the metal self-tapping screw market 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
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
-
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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