Asia: Metal Letter Clip Market 2025

Metal Letter Clip Market Size in Asia

The Asian metal letter clip market dropped rapidly to $X in 2022, with a decrease of -30% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by 9.9% against the previous year. Over the period under review, the market attained the peak level at $X in 2021, and then reduced sharply in the following year.

Metal Letter Clip Production in Asia

In value terms, metal letter clip production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 13%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Metal Letter Clip Exports

Exports in Asia

In 2022, overseas shipments of letter clips, letter corners of base metal increased by 16% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal letter clip exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near 91% of total exports in 2022. It was distantly followed by Singapore (X tons), making up a 5.3% share of total exports.

China was also the fastest-growing in terms of the letter clips, letter corners of base metal exports, with a CAGR of -1.8% from 2012 to 2022. Singapore (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +3.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal letter clip supplier in Asia, comprising 92% of total exports. The second position in the ranking was taken by Singapore ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +3.2%.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2013 when the export price increased by 16% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Singapore totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%).

Metal Letter Clip Imports

Imports in Asia

In 2022, supplies from abroad of letter clips, letter corners of base metal increased by 7.7% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, continue to indicate a perceptible downturn. The growth pace was the most rapid in 2013 with an increase of 32% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, metal letter clip imports expanded significantly to $X in 2022. Overall, imports, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of 22% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons), India (X tons), Indonesia (X tons) and Thailand (X tons) represented roughly 51% of total imports in 2022. It was distantly followed by Japan (X tons), Malaysia (X tons), Singapore (X tons), South Korea (X tons) and Vietnam (X tons), together constituting a 29% share of total imports. The following importers - the Philippines (X tons), the United Arab Emirates (X tons), Turkey (X tons) and Taiwan (Chinese) (X tons) - each finished at an 8.8% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +17.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Hong Kong SAR ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 32% of total imports.

Malaysia, with a CAGR of +5.6%, saw 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

The import price in Asia stood at $X per ton in 2022, surging by 5.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 12% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while India ($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 (+18.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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