China: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in China

In 2020, the Chinese metal advertising sign market decreased by X% to $X for the first time since 2017, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Metal advertising sign consumption peaked at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Metal Advertising Sign Production in China

In value terms, metal advertising sign production dropped modestly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production failed to regain momentum.

Metal Advertising Sign Exports

Exports from China

After two years of growth, overseas shipments of metal advertising signs decreased by X% to X tons in 2020. Overall, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, metal advertising sign exports declined to $X in 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for metal advertising sign exports from China, with a X% share of total exports. Moreover, metal advertising sign exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and the United Arab Emirates (X% per year).

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

From 2012 to 2020, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Japan (X% per year).

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the United Arab Emirates ($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 Cambodia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into China

For the fourth year in a row, China recorded decline in purchases abroad of metal advertising signs, which decreased by X% to X tons in 2020. Overall, imports saw a sharp decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports fell notably to $X in 2020. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Austria (X tons) and Malaysia (X tons) were the main suppliers of metal advertising sign imports to China, together comprising X% of total imports.

From 2012 to 2020, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Malaysia ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest metal advertising sign suppliers to China, with a combined X% share of total imports. The United States, South Korea, Germany, Italy and Austria lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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