Asia: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Asia

The Asian pliers and pincers market soared to $X in 2021, picking up by 19% against the previous year. Overall, consumption showed a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pliers And Pincers Production in Asia

In value terms, pliers and pincers production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Pliers And Pincers Exports

Exports in Asia

Pliers and pincers exports soared to X tons in 2021, growing by 18% against the previous year's figure. In general, exports posted a modest expansion. The pace of growth appeared the most rapid in 2017 with an increase of 284%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, pliers and pincers exports soared to $X in 2021. The total export value increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, resulting at X tons, which was near 89% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), creating a 4.5% share of total exports. India (X tons) took a minor share of total exports.

China was also the fastest-growing in terms of the pliers, pincers and tweezers for nonmedical use exports, with a CAGR of +1.9% from 2012 to 2021. Taiwan (Chinese) experienced a relatively flat trend pattern. India (-2.1%) illustrated a downward trend over the same period. China (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -1.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pliers and pincers supplier in Asia, comprising 78% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China stood at +5.5%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+4.1% per year) and India (+3.7% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, surging by 9.7% against the previous year. Overall, the export price continues to indicate a measured expansion. The growth pace was the most rapid in 2016 an increase of 249%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the other leaders experienced more modest paces of growth.

Pliers And Pincers Imports

Imports in Asia

In 2021, approx. X tons of pliers, pincers and tweezers for nonmedical use were imported in Asia; jumping by 23% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pliers and pincers imports soared to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of pliers, pincers and tweezers for nonmedical use, namely Indonesia, the United Arab Emirates, Vietnam, Iraq, Thailand, Taiwan (Chinese), Japan, China, South Korea, India, Saudi Arabia and Malaysia, represented more than two-thirds of total import. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 33% of total imports. The United Arab Emirates, Vietnam, Taiwan (Chinese), Indonesia, Thailand, India, Iraq, Saudi Arabia, Malaysia and Bangladesh lagged somewhat behind, together comprising a further 43%.

Bangladesh, with a CAGR of +23.3%, saw the highest growth rate of the value of imports, among 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 Asia amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 when the import price increased by 24% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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