South-Eastern Asia: Base Metal Clasp Market 2025

Base Metal Clasp Market Size in South-Eastern Asia

In 2022, the Southeast Asian base metal clasp market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Base Metal Clasp Production in South-Eastern Asia

In value terms, base metal clasp production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Base Metal Clasp Exports

Exports in South-Eastern Asia

Base metal clasp exports reduced to X tons in 2022, standing approx. at the previous year's figure. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, base metal clasp exports expanded markedly to $X in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Vietnam (X tons) was the largest exporter of articles such as clasps, frames with clasps, parts of base metal, achieving X% of total exports. It was distantly followed by Singapore (X tons), Cambodia (X tons), the Philippines (X tons), Indonesia (X tons) and Thailand (X tons), together generating a X% share of total exports. Malaysia (X tons) held a relatively small share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), the Philippines (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Cambodia (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.), Singapore (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Indonesia, the Philippines, Cambodia and Malaysia lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal clasp export price increased by X% against 2012 indices. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. 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 Thailand ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Base Metal Clasp Imports

Imports in South-Eastern Asia

Base metal clasp imports surged to X tons in 2022, with an increase of X% against the year before. In general, imports showed buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, base metal clasp imports rose notably to $X in 2022. Overall, imports showed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Indonesia (X tons), Cambodia (X tons) and Myanmar (X tons) represented roughly X% of total imports in 2022. Malaysia (X tons) took the next position in the ranking, followed by Vietnam (X tons). All these countries together held near X% share of total imports. The Philippines (X tons) and Thailand (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal clasp importing markets in South-Eastern Asia were Vietnam ($X), Cambodia ($X) and Indonesia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a mild slump. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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