Eastern Asia: 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 Eastern Asia

The East Asian loose-leaf binder metal fitting market totaled $X in 2022, rising by 3.5% against the previous year. Overall, consumption, however, continues to indicate a strong expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, loose-leaf binder metal fitting production rose modestly to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 -3.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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

Exports in Eastern Asia

In 2022, approx. X tons of base metal fittings for loose-leaf binders or files were exported in Eastern Asia; falling by -2.2% against the previous year's figure. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, loose-leaf binder metal fitting exports expanded notably to $X in 2022. In general, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 15% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, resulting at X tons, which was near 94% of total exports in 2022. South Korea (X tons) and Japan (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to loose-leaf binder metal fitting exports from China stood at -7.1%. At the same time, South Korea (+4.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +4.1% from 2012-2022. By contrast, Japan (-5.7%) illustrated a downward trend over the same period. China (+17 p.p.) and South Korea (+2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest loose-leaf binder metal fitting supplier in Eastern Asia, comprising 93% of total exports. The second position in the ranking was held by Japan ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Japan (-7.4% per year) and South Korea (+4.7% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, picking up by 14% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loose-leaf binder metal fitting export price increased by +81.3% against 2012 indices. The growth pace was the most rapid in 2020 an increase of 19%. Over the period under review, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($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 (+6.6%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Eastern Asia

Loose-leaf binder metal fitting imports fell notably to X tons in 2022, with a decrease of -35.3% on 2021 figures. In general, imports faced a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, loose-leaf binder metal fitting imports shrank significantly to $X in 2022. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 9.2% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Japan was the major importer of base metal fittings for loose-leaf binders or files in Eastern Asia, with the volume of imports accounting for X tons, which was near 45% of total imports in 2022. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with a 24% share, followed by South Korea (21%) and China (4.6%). Hong Kong SAR (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of -2.0%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Japan ($X) constitutes the largest market for imported base metal fittings for loose-leaf binders or files in Eastern Asia, comprising 57% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 17% share of total imports. It was followed by South Korea, with a 16% share.

In Japan, loose-leaf binder metal fitting imports plunged by an average annual rate of -5.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.9% per year) and South Korea (-2.3% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, growing by 18% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loose-leaf binder metal fitting import price increased by +48.1% against 2017 indices. As a result, import price reached the peak level and is likely to continue 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 Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :