China: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2025

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in China

The Chinese loose-leaf binder metal fitting market rose slightly to $X in 2022, increasing by 3.6% against the previous year. Over the period under review, consumption, however, showed buoyant growth. Loose-leaf binder metal fitting consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Base Metal Fittings For Loose-Leaf Binders Or Files in China

In value terms, loose-leaf binder metal fitting production expanded to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports from China

In 2022, overseas shipments of base metal fittings for loose-leaf binders or files increased by 1.6% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 18%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, loose-leaf binder metal fitting exports surged to $X in 2022. Over the period under review, exports, however, recorded a slight setback. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Mexico (X tons) and Malaysia (X tons) were the main destinations of loose-leaf binder metal fitting exports from China, with a combined 36% share of total exports. Vietnam, Indonesia, Canada, Peru, India, Russia, South Africa, Australia, Thailand and South Korea lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +15.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Vietnam ($X) and Mexico ($X) appeared to be the largest markets for loose-leaf binder metal fitting exported from China worldwide, with a combined 40% share of total exports.

Vietnam, with a CAGR of +29.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average loose-leaf binder metal fitting export price stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports into China

In 2022, supplies from abroad of base metal fittings for loose-leaf binders or files increased by 19% to X tons for the first time since 2016, thus ending a five-year declining trend. In general, imports, however, saw a perceptible reduction. The growth pace was the most rapid in 2016 when imports increased by 180% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, loose-leaf binder metal fitting imports soared to $X in 2022. Overall, imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of 119%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest loose-leaf binder metal fitting supplier to China, with a 66% share of total imports. Moreover, loose-leaf binder metal fitting imports from Malaysia exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. The third position in this ranking was held by Slovenia (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia totaled +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.1% per year) and Slovenia (0.0% per year).

In value terms, Malaysia ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to China, comprising 62% of total imports. The second position in the ranking was held by Japan ($X), with a 12% share of total imports. It was followed by Slovenia, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia stood at +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-15.7% per year) and Slovenia (0.0% per year).

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, rising by 36% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :