Vietnam - Base Metal Staples In Strips For Use In Offices - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Vietnam - Base Metal Staples In Strips For Use In Offices - Market Analysis, Forecast, Size, Trends And Insights

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Office Metal Staple Price in Vietnam - 2021

Contents:

  1. Office Metal Staple Price in Vietnam (CIF) - 2022
  2. Office Metal Staple Price in Vietnam (FOB) - 2022
  3. Office Metal Staple Imports in Vietnam
  4. Office Metal Staple Exports in Vietnam

Office Metal Staple Price in Vietnam (CIF) - 2022

The average office metal staple import price stood at $2,353 per ton in 2022, which is down by -4.1% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $4,031 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($2,359 per ton) and China ($2,359 per ton), while the price for South Korea ($2,163 per ton) and Taiwan (Chinese) ($2,170 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-5.2%), while the prices for the other major suppliers experienced a decline.

Office Metal Staple Price in Vietnam (FOB) - 2022

The average office metal staple export price stood at $3,004 per ton in 2022, rising by 11% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $3,508 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($3,418 per ton) and Japan ($3,361 per ton), while the average price for exports to Canada ($2,809 per ton) and China ($2,809 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Office Metal Staple Imports in Vietnam

After three years of growth, purchases abroad of base metal staples in strips for use in offices decreased by -19.6% to 2K tons in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 2.4K tons, and then declined rapidly in the following year.

In value terms, office metal staple imports fell markedly to $4.6M in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, imports reached the peak of $6M, and then fell remarkably in the following year.

Import of Office Metal Staple in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.43.05.74.321.5%
Japan0.10.10.10.10.0%
Others0.20.20.20.20.0%
Total2.73.26.04.619.4%

Top Suppliers of Office Metal Staple to Vietnam in 2022:

  1. China (1843.1 tons)
  2. Japan (36.5 tons)

Office Metal Staple Exports in Vietnam

In 2022, approx. 527 tons of base metal staples in strips for use in offices were exported from Vietnam; shrinking by -20.7% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. As a result, the exports reached the peak of 665 tons, and then shrank notably in the following year.

In value terms, office metal staple exports reduced to $1.6M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports reached the peak of $1.8M, and then shrank in the following year.

Export of Office Metal Staple in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21.8171584471178.5%
Japan753522454457-15.3%
Taiwan (Chinese)207238197170-6.4%
Thailand176135149122-11.5%
Canada59.429.410786.513.3%
Malaysia11077.847.262.2-17.3%
China11.720.962.050.062.3%
Australia28.323.251.241.313.4%
Others1211451511230.5%
Total1,4891,3621,8031,5832.1%

Top Export Markets for Office Metal Staple from Vietnam in 2022:

  1. United States (167.8 tons)
  2. Japan (135.9 tons)
  3. Taiwan (Chinese) (56.4 tons)
  4. Thailand (42.8 tons)
  5. Canada (30.8 tons)
  6. Malaysia (18.2 tons)
  7. China (17.8 tons)
  8. Australia (14.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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