The market is dominated by domestic suppliers, as imports account for 1.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 94.3% of total demand in 2022. China has the largest market size for metal packaging, wire and other fabricated metal products regionally, with demand reaching USD639 billion in 2022. The total number of companies decreases in 2022, to 257,597 units. The costs of the industry increase by 2.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 8.9% of production value in 2022, the 16th highest regionally. The industry’s exports share increases in 2022 to 10.2% of total production output. With production value of USD616 billion, China accounts for 84.6% of the Asia Pacific total in 2022.
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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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