Thailand - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Thailand - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights

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Oct 12, 2023

Export of Nails and Tacks From Thailand Reaches An Average of $742K in July 2023.

Thailand Nails And Tacks Exports

In July 2023, overseas shipments of nails, tacks, drawing pins, corrugated nails, staples increased by 7.4% to 496 tons, rising for the second month in a row after two months of decline. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in March 2023 when exports increased by 191% against the previous month.

In value terms, nails and tacks exports dropped modestly to $742K (IndexBox estimates) in July 2023. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in March 2023 with an increase of 140% month-to-month. Thailand Nails And Tacks Exports By Country (Thousand USD)

COUNTRYExport Value of Nails And Tacks in Thailand (thousand USD)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
United States1,436982991403467590336157592558545625676
Others14216294.317011712962.915315299.112311865.3
Total1,5771,1441,085573584719399310744657667743742

Exports by Country

The United States (474 tons) was the main destination for nails and tacks exports from Thailand, with a approximately 95% share of total exports.

From July 2022 to July 2023, the average monthly growth rate of volume to the United States stood at -5.8%.

In value terms, the United States ($676K) also remains the key foreign market for nails and tacks exports from Thailand.

From July 2022 to July 2023, the average monthly growth rate of value to the United States totaled -6.1%.

Exports by Type

Base metal staples in strips for use in offices (495 tons) was the largest type of nails and tacks exported from Thailand, with a 100% share of total exports. It was followed by letter clips, letter corners of base metal (1.6 tons), with a 0.3% share of total exports.

From July 2022 to July 2023, the average monthly rate of growth in terms of the volume of export of base metal staples in strips for use in offices totaled -6.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: letter clips, letter corners of base metal (-12.9% per month) and base metal fittings for loose-leaf binders or files (-27.4% per month).

In value terms, base metal staples in strips for use in offices ($729K) remains the largest type of nails and tacks exported from Thailand, comprising 98% of total exports. The second position in the ranking was taken by letter clips, letter corners of base metal ($12K), with a 1.6% share of total exports.

From July 2022 to July 2023, the average monthly rate of growth in terms of the export volume of base metal staples in strips for use in offices amounted to -6.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: letter clips, letter corners of base metal (-7.9% per month) and base metal fittings for loose-leaf binders or files (-33.8% per month).

Export Prices by Country

In July 2023, the nails and tacks price stood at $1,495 per ton (FOB, Thailand), reducing by -7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 23% against the previous month. The export price peaked at $1,710 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In July 2023, the country with the highest price was Japan ($1,744 per ton), while the average price for exports to the United States totaled $1,428 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.0%).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nails and tacks market in Thailand. 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
  • Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
  • Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
  • Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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