Asia: Vices And Clamps Market 2025

Vices And Clamps Market Size in Asia

The Asian vices and clamps market expanded rapidly to $X in 2022, growing by 12% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Vices And Clamps Production in Asia

In value terms, vices and clamps production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Vices And Clamps Exports

Exports in Asia

After two years of growth, overseas shipments of vices and clamps decreased by -20% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, vices and clamps exports declined to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

China prevails in exports structure, resulting at X tons, which was near 79% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons) and India (X tons), together comprising a 14% share of total exports. Turkey (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the vices and clamps exports, with a CAGR of +3.6% from 2012 to 2022. At the same time, Turkey (+2.5%) and Taiwan (Chinese) (+1.1%) displayed positive paces of growth. By contrast, India (-12.5%) illustrated a downward trend over the same period. While the share of China (+21 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-17.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vices and clamps supplier in Asia, comprising 64% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total exports. It was followed by India, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +6.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (+2.1% per year) and India (-14.7% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the other leaders experienced more modest paces of growth.

Vices And Clamps Imports

Imports in Asia

In 2022, vices and clamps imports in Asia shrank slightly to X tons, with a decrease of -2.6% against the previous year. In general, imports showed a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of 15% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, vices and clamps imports stood at $X in 2022. Overall, imports showed a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 8.9%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of vices and clamps imports in 2022 were Japan (X tons), Saudi Arabia (X tons), Indonesia (X tons), Thailand (X tons), the Philippines (X tons), Malaysia (X tons), South Korea (X tons), Singapore (X tons), the United Arab Emirates (X tons), India (X tons), Taiwan (Chinese) (X tons) and Vietnam (X tons), together reaching 79% of total import. Israel (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Japan ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, together accounting for 40% of total imports. South Korea, Saudi Arabia, the Philippines, Singapore, India, Malaysia, the United Arab Emirates, Israel, Vietnam and Taiwan (Chinese) lagged somewhat behind, together comprising a further 45%.

In terms of the main importing countries, the Philippines, with a CAGR of +22.8%, 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

The import price in Asia stood at $X per ton in 2022, rising by 6.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 10%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Thailand ($X per ton), while Taiwan (Chinese) ($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 (+15.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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