South-Eastern Asia: Metal Rivet Market 2025

Metal Rivet Market Size in South-Eastern Asia

The Southeast Asian metal rivet market soared to $X in 2022, rising by 17% against the previous year. The market value increased at an average annual rate of +5.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Rivet Production in South-Eastern Asia

In value terms, metal rivet production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Metal Rivet Exports

Exports in South-Eastern Asia

In 2022, exports of iron or steel rivets in South-Eastern Asia fell to X tons, waning by -7.6% compared with 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 39% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal rivet exports contracted rapidly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

Thailand (X tons) and Malaysia (X tons) represented roughly 79% of total exports in 2022. Singapore (X tons) ranks next in terms of the total exports with a 12% share, followed by Vietnam (7.2%).

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +12.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest metal rivet supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Malaysia ($X), together accounting for 94% of total exports.

Thailand, with a CAGR of +7.7%, saw 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, falling by -10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2016 when the export price increased by 22%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Metal Rivet Imports

Imports in South-Eastern Asia

Metal rivet imports skyrocketed to X tons in 2022, jumping by 23% on the previous year. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, metal rivet imports dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The countries with the highest levels of metal rivet imports in 2022 were Singapore (X tons), the Philippines (X tons), Thailand (X tons), Malaysia (X tons) and Vietnam (X tons), together accounting for 93% of total import. Indonesia (X tons) and Myanmar (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +30.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Vietnam ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 70% share of total imports. The Philippines, Indonesia, Singapore and Myanmar lagged somewhat behind, together comprising a further 27%.

The Philippines, with a CAGR of +18.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, declining by -26% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 15%. The level of import peaked at $X per ton in 2012; however, from 2013 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 Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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