Report Update Jan 1, 2025

Thailand - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Nails And Tacks Market 2025

Nails And Tacks Market Size in Thailand

In 2022, the Thai nails and tacks market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, continues to indicate a deep slump. Nails and tacks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Nails And Tacks Production in Thailand

In value terms, nails and tacks production reduced modestly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 22%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Nails And Tacks Exports

Exports from Thailand

In 2022, shipments abroad of nails, tacks, drawing pins, corrugated nails, staples decreased by -42.3% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 748% against the previous year. The exports peaked at X tons in 2021, and then dropped sharply in the following year.

In value terms, nails and tacks exports fell notably to $X in 2022. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 310%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted sharply in the following year.

Exports by Country

The United States (X tons) was the main destination for nails and tacks exports from Thailand, accounting for a 46% share of total exports. It was followed by Japan (X tons), with a 1.3% share of total exports. The third position in this ranking was held by Germany (X tons), with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +102.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-2.2% per year) and Germany (-5.6% per year).

In value terms, the United States ($X) remains the key foreign market for nails, tacks, drawing pins, corrugated nails, staples exports from Thailand, comprising 43% of total exports. The second position in the ranking was held by Japan ($X), with a 1.4% share of total exports. It was followed by Malaysia, with a 0.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +67.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-5.4% per year) and Malaysia (-7.5% per year).

Export Prices by Country

The average nails and tacks export price stood at $X per ton in 2022, surging by 5.5% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 136% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States ($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 (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Nails And Tacks Imports

Imports into Thailand

For the third year in a row, Thailand recorded growth in supplies from abroad of nails, tacks, drawing pins, corrugated nails, staples, which increased by 20% to X tons in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nails and tacks imports skyrocketed to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest nails and tacks supplier to Thailand, accounting for a 47% share of total imports. It was followed by India (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of nails, tacks, drawing pins, corrugated nails, staples to Thailand, comprising 43% of total imports. The second position in the ranking was taken by India ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average nails and tacks import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 15%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nails, tacks, drawing pins, corrugated nails, staples in the world?

The country with the largest volume of nails and tacks consumption was China, comprising approx. 31% of total volume. Moreover, nails and tacks consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Turkey ranked third in terms of total consumption with an 8.9% share.

What are the largest producers of nails, tacks, drawing pins, corrugated nails, staples in the world?

China constituted the country with the largest volume of nails and tacks production, accounting for 39% of total volume. Moreover, nails and tacks production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Turkey, with a 9% share.

What are the leading suppliers of nails, tacks, drawing pins, corrugated nails, staples to Thailand?

In value terms, China constituted the largest supplier of nails and tacks to Thailand, comprising 85% of total imports. The second position in the ranking was occupied by India, with a 4.3% share of total imports.

What are the leading importers of nails, tacks, drawing pins, corrugated nails, staples from Thailand?

In value terms, the United States remains the key foreign market for nails and tacks exports from Thailand, comprising 88% of total exports. The second position in the ranking was occupied by Japan, with a 2% share of total exports.

What is the average export price for nails, tacks, drawing pins, corrugated nails, staples in Thailand?

In 2021, the average nails and tacks export price amounted to $1,441 per ton, picking up by 4.5% against the previous year.

What is the average import price for nails, tacks, drawing pins, corrugated nails, staples in Thailand?

The average nails and tacks import price stood at $2,112 per ton in 2021, increasing by 6.9% against the previous year.

This report provides an in-depth analysis of the nails and tacks market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024