Southern 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 Southern Asia

The South Asian loose-leaf binder metal fitting market skyrocketed to $X in 2022, growing by 75% against the previous year. Overall, consumption saw a remarkable increase. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Base Metal Fittings For Loose-Leaf Binders Or Files in Southern Asia

In value terms, loose-leaf binder metal fitting production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 19%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Southern Asia

In 2022, the amount of base metal fittings for loose-leaf binders or files exported in Southern Asia fell sharply to X tons, with a decrease of -51.2% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 41% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports contracted markedly to $X in 2022. Overall, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2013 with an increase of 54%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X tons), together accounting for 99.9% of total export.

India was also the fastest-growing in terms of the base metal fittings for loose-leaf binders or files exports, with a CAGR of -5.1% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest loose-leaf binder metal fitting supplier in Southern Asia.

In India, loose-leaf binder metal fitting exports declined by an average annual rate of -3.8% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2013 when the export price increased by 30%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.3% per year.

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

Imports in Southern Asia

In 2022, approx. X tons of base metal fittings for loose-leaf binders or files were imported in Southern Asia; with an increase of 7.4% compared with the year before. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 90% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, loose-leaf binder metal fitting imports shrank modestly to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +51.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

India represented the largest importer of base metal fittings for loose-leaf binders or files in Southern Asia, with the volume of imports recording X tons, which was near 64% of total imports in 2022. Bangladesh (X tons) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Sri Lanka (12%) and Pakistan (4.9%).

India was also the fastest-growing in terms of the base metal fittings for loose-leaf binders or files imports, with a CAGR of +19.2% from 2012 to 2022. At the same time, Bangladesh (+3.7%) displayed positive paces of growth. By contrast, Sri Lanka (-5.5%) and Pakistan (-8.0%) illustrated a downward trend over the same period. India (+45 p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh, Pakistan and Sri Lanka saw its share reduced by -3.4%, -14.4% and -23.9% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported base metal fittings for loose-leaf binders or files in Southern Asia, comprising 59% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 21% share of total imports. It was followed by Sri Lanka, with a 14% share.

In India, loose-leaf binder metal fitting imports expanded at an average annual rate of +10.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (+10.1% per year) and Sri Lanka (-4.8% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, which is down by -8.2% against the previous year. Overall, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by 39%. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Pakistan ($X per ton) and Sri Lanka ($X per ton), while India ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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