Thailand: 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 Thailand

After four years of decline, the Thai loose-leaf binder metal fitting market increased by 83% to $X in 2022. Overall, consumption posted a notable expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, loose-leaf binder metal fitting production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume decreased by 99.9%. Loose-leaf binder metal fitting production peaked in 2022 and is expected to retain growth in the immediate term.

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

Exports from Thailand

In 2022, overseas shipments of base metal fittings for loose-leaf binders or files decreased by -62.2% to X tons, falling for the third year in a row after three years of growth. In general, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2018 when exports increased by 83% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, loose-leaf binder metal fitting exports shrank sharply to $X in 2022. Over the period under review, exports faced a sharp decline. The pace of growth appeared the most rapid in 2018 with an increase of 198% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Sri Lanka (X tons), South Africa (X tons) and Lao People's Democratic Republic (X kg) were the main destinations of loose-leaf binder metal fitting exports from Thailand, together comprising 69% of total exports. Russia, the United Arab Emirates, Singapore, Qatar and Malaysia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +151.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Russia ($X) and Sri Lanka ($X) constituted the largest markets for loose-leaf binder metal fitting exported from Thailand worldwide, together comprising 54% of total exports. Lao People's Democratic Republic, the United Arab Emirates, Qatar, Singapore and Malaysia lagged somewhat behind, together accounting for a further 24%.

Qatar, with a CAGR of +205.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average loose-leaf binder metal fitting export price stood at $X per ton in 2022, surging by 52% against the previous year. Overall, the export price posted a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 103%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Thailand

After two years of decline, supplies from abroad of base metal fittings for loose-leaf binders or files increased by 137% to X tons in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, loose-leaf binder metal fitting imports skyrocketed to $X in 2022. Overall, imports, however, showed a pronounced slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main loose-leaf binder metal fitting supplier to Thailand, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.1%.

In value terms, China ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -3.3%.

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, dropping by -42.3% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.1% per year.

Source: IndexBox Platform

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