South-Eastern Asia: Base Metal Keys Market 2025

Base Metal Keys Market Size in South-Eastern Asia

The Southeast Asian base metal keys market amounted to $X in 2022, rising by 4.6% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +11.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Base Metal Keys Production in South-Eastern Asia

In value terms, base metal keys production declined to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 23%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Base Metal Keys Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of base metal keys decreased by -2.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 51%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, base metal keys exports surged to $X in 2022. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 71%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Indonesia (X tons), Malaysia (X tons), Singapore (X tons), Thailand (X tons) and Vietnam (X tons), together finishing at 94% of total export. It was distantly followed by Myanmar (X tons), generating a 5.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +6.9%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2022, together comprising 80% of total exports.

Indonesia, with a CAGR of +12.3%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the export price in South-Eastern Asia amounted to $X per ton, jumping by 21% against the previous year. Export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +10.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the export price increased by 72% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Indonesia ($X per ton), while Malaysia ($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 (+17.6%), while the other leaders experienced more modest paces of growth.

Base Metal Keys Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of base metal keys were imported in South-Eastern Asia; waning by -3.8% on the previous year's figure. Overall, imports saw a pronounced slump. The growth pace was the most rapid in 2017 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, base metal keys imports declined to $X in 2022. In general, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 43%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia (X tons), Thailand (X tons), Malaysia (X tons) and Vietnam (X tons) represented roughly 83% of total imports in 2022. It was distantly followed by the Philippines (X tons), constituting an 8.3% share of total imports. Singapore (X tons) and Myanmar (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Malaysia (with a CAGR of +4.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest base metal keys importing markets in South-Eastern Asia were Thailand ($X), Indonesia ($X) and Vietnam ($X), together comprising 66% of total imports. Malaysia, Singapore, the Philippines and Myanmar lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, the Philippines, with a CAGR of +8.5%, 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

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by -9.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 72%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Myanmar ($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 (+17.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :