Vietnam - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNails and Tacks Price in Vietnam - 2021
Contents:
- Nails and Tacks Price in Vietnam (CIF) - 2021
- Nails and Tacks Price in Vietnam (FOB) - 2021
- Nails and Tacks Imports in Vietnam
- Nails and Tacks Exports in Vietnam
Nails and Tacks Price in Vietnam (CIF) - 2021
The average nails and tacks import price stood at $3,003 per ton in December 2021, dropping by -1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in January 2021 when the average import price increased by 17% against the previous month. The import price peaked at $3,126 per ton in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($3,348 per ton), while the price for China ($2,961 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Nails and Tacks Price in Vietnam (FOB) - 2021
In December 2021, the average nails and tacks export price amounted to $3,309 per ton, increasing by 16% against the previous month. In general, the export price, however, recorded a mild setback. Over the period under review, the average export prices hit record highs at $4,058 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Germany ($4,914 per ton), while the average price for exports to Canada ($2,713 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Nails and Tacks Imports in Vietnam
After three years of growth, overseas purchases of nails, tacks, drawing pins, corrugated nails, staples decreased by -9.7% to 6K tons in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 6.6K tons, and then declined in the following year.
In value terms, nails and tacks imports contracted to $26M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $28M, and then shrank in the following year.
Import of Nails and Tacks in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.3 | 12.4 | 19.2 | 18.1 | 20.7% |
Malaysia | 7.8 | 7.0 | 5.6 | 4.3 | -18.0% |
Japan | 2.6 | 2.6 | 2.4 | 2.3 | -4.0% |
India | 0.4 | 0.6 | 0.6 | 0.4 | 0.0% |
Others | 0.9 | 0.6 | 0.5 | 0.5 | -17.8% |
Total | 22.0 | 23.1 | 28.3 | 25.7 | 5.3% |
Top Suppliers of Nails and Tacks to Vietnam in 2022:
- China (3.9K tons)
- Malaysia (1.4K tons)
- Japan (0.4K tons)
- India (0.1K tons)
Nails and Tacks Exports in Vietnam
In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples exported from Vietnam dropped to 827 tons, waning by -8.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 904 tons, and then shrank in the following year.
In value terms, nails and tacks exports stood at $3.1M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 5.9%. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Nails and Tacks in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,364 | 973 | 983 | 982 | -10.4% |
United States | 98.1 | 286 | 628 | 550 | 77.6% |
Taiwan (Chinese) | 300 | 332 | 277 | 257 | -5.0% |
China | 113 | 278 | 189 | 194 | 19.7% |
Germany | 173 | 233 | 76.2 | 152 | -4.2% |
Thailand | 181 | 158 | 149 | 122 | -12.3% |
Malaysia | 135 | 126 | 81.3 | 92.5 | -11.8% |
Canada | 59.5 | 29.4 | 107 | 86.5 | 13.3% |
Sweden | 99.0 | 109 | 9.6 | 71.3 | -10.4% |
Australia | 44.4 | 27.0 | 71.2 | 62.9 | 12.3% |
Lao People's Democratic Republic | 9.1 | 29.0 | 62.9 | 51.8 | 78.6% |
Others | 452 | 626 | 299 | 449 | -0.2% |
Total | 3,029 | 3,208 | 2,933 | 3,071 | 0.5% |
Top Export Markets for Nails and Tacks from Vietnam in 2022:
- Japan (238.6 tons)
- United States (185.1 tons)
- Taiwan (Chinese) (73.5 tons)
- China (49.9 tons)
- Thailand (42.8 tons)
- Malaysia (32.4 tons)
- Canada (30.8 tons)
- Germany (29.3 tons)
- Australia (19.5 tons)
- Lao People's Democratic Republic (17.5 tons)
- Sweden (10.2 tons)
This report provides an in-depth analysis of the nails and tacks market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the nails and tacks market in Vietnam.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Vietnam.
This report provides an in-depth analysis of the office metal staple market in Vietnam.
This report provides an in-depth analysis of the metal letter clip market in Vietnam.
This report provides an in-depth analysis of the global nails and tacks market.
This report provides an in-depth analysis of the global market for loose-leaf binder metal fitting.
This report provides an in-depth analysis of the global office metal staple market.
This report provides an in-depth analysis of the global metal letter clip market.
This report provides an in-depth analysis of the nails and tacks market in Vietnam.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Vietnam.
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