ASEAN: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in ASEAN

After five years of growth, the ASEAN threaded metal articles market decreased by -13.4% to $X in 2021. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Threaded Metal Articles Production in ASEAN

In value terms, threaded metal articles production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 50% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted modestly in the following year.

Threaded Metal Articles Exports

Exports in ASEAN

In 2021, shipments abroad of threaded articles of iron or steel was finally on the rise to reach X tons after four years of decline. The total export volume increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, threaded metal articles exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tons), Malaysia (X tons) and Singapore (X tons) represented roughly 88% of total exports in 2021. It was distantly followed by Vietnam (X tons), creating a 10% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest threaded metal articles supplying countries in ASEAN were Singapore ($X), Thailand ($X) and Malaysia ($X), with a combined 83% share of total exports.

Singapore, with a CAGR of +13.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per ton, declining by -7.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the export price increased by 21%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+3.9%), while the other leaders experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports in ASEAN

In 2021, approx. X tons of threaded articles of iron or steel were imported in ASEAN; with a decrease of -1.7% on the year before. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 35% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, threaded metal articles imports expanded rapidly to $X in 2021. Total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.7% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 27%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand was the key importing country with an import of around X tons, which amounted to 39% of total imports. Singapore (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (12%), the Philippines (11%), Vietnam (8.8%), Cambodia (6.2%) and Indonesia (5.3%).

Imports into Thailand increased at an average annual rate of +11.4% from 2012 to 2021. At the same time, Cambodia (+56.0%), the Philippines (+22.6%) and Vietnam (+13.5%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +56.0% from 2012-2021. Malaysia and Singapore experienced a relatively flat trend pattern. By contrast, Indonesia (-7.7%) illustrated a downward trend over the same period. While the share of Thailand (+14 p.p.), the Philippines (+8.2 p.p.), Cambodia (+6 p.p.) and Vietnam (+4.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Malaysia (-8.9 p.p.), Singapore (-11.9 p.p.) and Indonesia (-13 p.p.) displayed negative dynamics.

In value terms, the largest threaded metal articles importing markets in ASEAN were Thailand ($X), Singapore ($X) and Vietnam ($X), together comprising 69% of total imports. Malaysia, Indonesia, the Philippines and Cambodia lagged somewhat behind, together comprising a further 30%.

Cambodia, with a CAGR of +62.0%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, growing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform