Report Update Nov 1, 2024

Philippines - Base Metal Fittings for Loose-Leaf Binders or Files - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: 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 the Philippines

After five years of decline, the Philippine loose-leaf binder metal fitting market increased by 17% to $X in 2022. Over the period under review, consumption, however, faced a abrupt decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

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

Exports from the Philippines

In 2022, shipments abroad of base metal fittings for loose-leaf binders or files was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 911%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, loose-leaf binder metal fitting exports skyrocketed to $X in 2022. In general, exports continue to indicate a notable expansion. The pace of growth was the most pronounced in 2015 when exports increased by 847% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for loose-leaf binder metal fitting exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) emerged as the key foreign market for base metal fittings for loose-leaf binders or files exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

The average loose-leaf binder metal fitting export price stood at $X per ton in 2022, dropping by -46.3% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.7% per year.

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

Imports into the Philippines

In 2022, overseas purchases of base metal fittings for loose-leaf binders or files were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, loose-leaf binder metal fitting imports soared to $X in 2022. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 66%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of loose-leaf binder metal fitting to the Philippines, with a 98% share of total imports. It was followed by South Korea (X kg), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-42.8% per year) and Hong Kong SAR (-52.6% per year).

In value terms, China ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to the Philippines, comprising 94% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 0.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-36.2% per year) and South Korea (-32.4% per year).

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the import price recorded a prominent expansion. The growth pace was the most rapid in 2020 an increase of 54% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for China ($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 (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal fittings for loose-leaf binders or files in the world?

The country with the largest volume of loose-leaf binder metal fitting consumption was China, comprising approx. 47% of total volume. Moreover, loose-leaf binder metal fitting consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, eightfold. Italy ranked third in terms of total consumption with a 4.7% share.

What are the largest producers of base metal fittings for loose-leaf binders or files in the world?

China constituted the country with the largest volume of loose-leaf binder metal fitting production, comprising approx. 64% of total volume. Moreover, loose-leaf binder metal fitting production in China exceeded the figures recorded by the second-largest producer, Slovenia, sevenfold. The third position in this ranking was occupied by Italy, with a 7.9% share.

What are the leading suppliers of base metal fittings for loose-leaf binders or files to the Philippines?

In value terms, China constituted the largest supplier of loose-leaf binder metal fitting to the Philippines, comprising 88% of total imports. The second position in the ranking was occupied by South Korea, with a 4.7% share of total imports.

What are the leading importers of base metal fittings for loose-leaf binders or files from the Philippines?

In value terms, the largest markets for loose-leaf binder metal fitting exported from the Philippines were China, Fiji and Turkey $805), together comprising 98% of total exports.

What is the average export price for base metal fittings for loose-leaf binders or files in the Philippines?

In 2021, the average loose-leaf binder metal fitting export price amounted to $6,442 per ton, falling by -20.5% against the previous year.

What is the average import price for base metal fittings for loose-leaf binders or files in the Philippines?

The average loose-leaf binder metal fitting import price stood at $2,860 per ton in 2021, growing by 9.5% against the previous year.

This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25992330 - Base metal fittings for loose-leaf binders or files

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023