South-Eastern Asia: Metal Letter Clip Market 2024

Metal Letter Clip Market Size in South-Eastern Asia

The Southeast Asian metal letter clip market reduced to $X in 2022, stabilizing at the previous year. In general, consumption, however, showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Metal Letter Clip Production in South-Eastern Asia

In value terms, metal letter clip production reached $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Metal Letter Clip Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of letter clips, letter corners of base metal increased by X% to X tons, rising for the second consecutive year after six years of decline. In general, exports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, metal letter clip exports expanded significantly to $X in 2022. Over the period under review, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore represented the main exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Vietnam (X tons), creating an X% share of total exports. The following exporters - Thailand (X tons) and Malaysia (X tons) - each reached a X% share of total exports.

Singapore was also the fastest-growing in terms of the letter clips, letter corners of base metal exports, with a CAGR of X% from 2012 to 2022. Vietnam (X%), Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest metal letter clip supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Metal Letter Clip Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of letter clips, letter corners of base metal increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, metal letter clip imports surged to $X in 2022. Over the period under review, imports, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of letter clips, letter corners of base metal, namely Indonesia, Thailand and Singapore, represented more than two-thirds of total import. Vietnam (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%) and the Philippines (X%). Myanmar (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal letter clip importing markets in South-Eastern Asia were Indonesia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports. Vietnam, Malaysia, the Philippines and Myanmar lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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