With production value of USD614 billion, China accounts for 83.6% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 10.1% of total production output. The industry’s profitability decreases and stands at 8.9% of production value in 2023, the 16th highest regionally. The costs of the industry decrease by 0.3% in 2023, largely driven by declining labour costs. The total number of companies remains unchanged in 2023. China has the largest market size for metal packaging, wire and other fabricated metal products regionally, with demand reaching USD642 billion in 2023. B2B drives market demand, with B2B spending representing 94.1% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 1.3% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in China: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in China: ISIC 2899 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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