Malaysia: Metal Tubular Rivet Market 2025

Metal Tubular Rivet Market Size in Malaysia

The Malaysian metal tubular rivet market skyrocketed to $X in 2021, picking up by 25% against the previous year. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Metal Tubular Rivet Production in Malaysia

In value terms, metal tubular rivet production skyrocketed to $X in 2021 estimated in export price. Overall, production recorded a tangible increase. The growth pace was the most rapid in 2016 with an increase of 76%. Metal tubular rivet production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Metal Tubular Rivet Exports

Exports from Malaysia

In 2021, overseas shipments of base metal tubular or bifurcated rivets decreased by -52% to X tons, falling for the second year in a row after two years of growth. In general, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 763%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal tubular rivet exports skyrocketed to $X in 2021. Overall, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 768%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X kg) was the main destination for metal tubular rivet exports from Malaysia, accounting for a 35% share of total exports. Moreover, metal tubular rivet exports to Indonesia exceeded the volume sent to the second major destination, the United States (X kg), twofold. The third position in this ranking was held by Sri Lanka (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at +34.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+32.5% per year) and Sri Lanka (-25.6% per year).

In value terms, the largest markets for metal tubular rivet exported from Malaysia were Slovakia ($X), the United States ($X) and Qatar ($X), with a combined 49% share of total exports.

Slovakia, with a CAGR of +91.2%, saw the highest growth rate of the value of exports, among 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 metal tubular rivet export price stood at $X per ton in 2021, growing by 183% against the previous year. In general, the export price recorded a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Tubular Rivet Imports

Imports into Malaysia

In 2021, imports of base metal tubular or bifurcated rivets into Malaysia skyrocketed to X tons, jumping by 89% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 502%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal tubular rivet imports skyrocketed to $X in 2021. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 580% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest metal tubular rivet supplier to Malaysia, accounting for a 63% share of total imports. Moreover, metal tubular rivet imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +39.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+10.1% per year) and the United States (+21.2% per year).

In value terms, China ($X) constituted the largest supplier of base metal tubular or bifurcated rivets to Malaysia, comprising 27% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by Japan, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+39.7% per year) and Japan (+27.1% per year).

Import Prices by Country

In 2021, the average metal tubular rivet import price amounted to $X per ton, with an increase of 22% against the previous year. In general, the import price posted a moderate increase. The most prominent rate of growth was recorded in 2019 an increase of 112% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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