South-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 South-Eastern Asia

In 2022, the Southeast Asian loose-leaf binder metal fitting market increased by 13% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 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 South-Eastern Asia

In value terms, loose-leaf binder metal fitting production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 16% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in South-Eastern Asia

In 2022, overseas shipments of base metal fittings for loose-leaf binders or files were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep contraction. The growth pace was the most rapid in 2014 with an increase of 49% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports rose remarkably to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 63%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, accounting for X tons, which was near 87% of total exports in 2022. It was distantly followed by Singapore (X tons), making up a 6.4% share of total exports. The following exporters - Indonesia (X tons) and Vietnam (X tons) - together made up 4.8% of total exports.

Exports from Malaysia increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Vietnam (+19.3%) and Indonesia (+3.6%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +19.3% from 2012-2022. By contrast, Singapore (-20.7%) illustrated a downward trend over the same period. Malaysia (+45 p.p.), Vietnam (+1.9 p.p.) and Indonesia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -31.9% from 2012 to 2022, respectively.

In value terms, Malaysia ($X) remains the largest loose-leaf binder metal fitting supplier in South-Eastern Asia, comprising 88% of total exports. The second position in the ranking was taken by Singapore ($X), with a 7% share of total exports. It was followed by Vietnam, with a 1.7% share.

In Malaysia, loose-leaf binder metal fitting exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (-19.3% per year) and Vietnam (+17.5% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, growing by 3.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 11%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.8%), 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 South-Eastern Asia

In 2022, purchases abroad of base metal fittings for loose-leaf binders or files was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting imports expanded markedly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 24% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Vietnam (X tons), Malaysia (X tons), Indonesia (X tons) and Thailand (X tons) represented roughly 93% of total imports in 2022. Myanmar (X tons) and the Philippines (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of +35.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported base metal fittings for loose-leaf binders or files in South-Eastern Asia, comprising 51% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 20% share of total imports. It was followed by Malaysia, with an 18% share.

In Vietnam, loose-leaf binder metal fitting imports expanded at an average annual rate of +12.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (-1.6% per year) and Malaysia (-8.0% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, waning by -14.9% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the import price increased by 19%. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

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 (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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