Japan: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2024

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

The Japanese loose-leaf binder metal fitting market declined to $X in 2022, waning by -4.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

Exports from Japan

In 2022, exports of base metal fittings for loose-leaf binders or files from Japan contracted to X tons, with a decrease of -11% on the previous year. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 25%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports shrank to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for loose-leaf binder metal fitting exports from Japan, with a 86% share of total exports. Moreover, loose-leaf binder metal fitting exports to Vietnam exceeded the volume sent to the second major destination, China (X tons), more than tenfold. The third position in this ranking was held by Thailand (X tons), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam amounted to -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-1.3% per year) and Thailand (-9.0% per year).

In value terms, Vietnam ($X) remains the key foreign market for base metal fittings for loose-leaf binders or files exports from Japan, comprising 78% of total exports. The second position in the ranking was held by China ($X), with a 7.5% share of total exports. It was followed by Thailand, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-4.5% per year) and Thailand (-8.8% per year).

Export Prices by Country

In 2022, the average loose-leaf binder metal fitting export price amounted to $X per ton, waning by -3.9% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($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 Thailand (+0.2%), while the prices for the other major destinations experienced a decline.

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

Imports into Japan

Loose-leaf binder metal fitting imports into Japan reduced to X tons in 2022, with a decrease of -5.8% on 2021 figures. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 4.5%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting imports shrank to $X in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 2.6%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main loose-leaf binder metal fitting supplier to Japan, with a 93% share of total imports. Moreover, loose-leaf binder metal fitting imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -5.4%.

In value terms, China ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to Japan, comprising 90% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -4.9%.

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 3.5% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :