South-Eastern Asia: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in South-Eastern Asia

In 2021, after seven years of growth, there was significant decline in the Southeast Asian market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when its value decreased by -7.4% to $X. In general, consumption, however, posted a strong expansion. Over the period under review, the market attained the peak level at $X in 2020, and then dropped in the following year.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in South-Eastern Asia

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips dropped modestly to $X in 2021 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 46%. Over the period under review, production of attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in South-Eastern Asia

In 2021, after three years of decline, there was significant growth in overseas shipments of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when their volume increased by 101% to X tons. Over the period under review, exports continue to indicate temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021. The total export value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) and Thailand (X tons) represented roughly 99% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +53.9%).

In value terms, Singapore ($X) remains the largest unmounted tool inserts, sticks or plates supplier in South-Eastern Asia, comprising 88% of total exports. The second position in the ranking was taken by Thailand ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore totaled +4.4%.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, falling by -32% against the previous year. Export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips decreased by -42.0% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 61% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Thailand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.5%).

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in supplies from abroad of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when their volume increased by 31% to X tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. In general, imports, however, saw a noticeable downturn. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons) and Indonesia (X tons) represented roughly 61% of total imports in 2021. Singapore (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (14%) and Vietnam (10%).

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +17.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unmounted tool inserts, sticks or plates importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Vietnam ($X), with a combined 80% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of +13.7%, saw the highest growth rate of 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 2021, the import price in South-Eastern Asia amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2019 an increase of 9.3% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+11.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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