Asia-Pacific: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in Asia-Pacific

The Asia-Pacific pliers and pincers market fell dramatically to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a mild downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Pliers And Pincers Production in Asia-Pacific

In value terms, pliers and pincers production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

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Pliers And Pincers Exports

Exports in Asia-Pacific

In 2022, pliers and pincers exports in Asia-Pacific stood at X tons, rising by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, pliers and pincers exports expanded remarkably to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

China dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. The following exporters - Taiwan (Chinese) (X tons) and India (X tons) - each resulted at a X% share of total exports.

China was also the fastest-growing in terms of the pliers, pincers and tweezers for nonmedical use exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. India (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pliers and pincers supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, pliers and pincers exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Pliers And Pincers Imports

Imports in Asia-Pacific

In 2022, the amount of pliers, pincers and tweezers for nonmedical use imported in Asia-Pacific declined to X tons, with a decrease of X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, pliers and pincers imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Indonesia (X tons), distantly followed by Thailand (X tons), China (X tons), Japan (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), India (X tons), Australia (X tons) and Vietnam (X tons) represented the key importers of pliers, pincers and tweezers for nonmedical use, together committing X% of total imports. Bangladesh (X tons), Malaysia (X tons), Pakistan (X tons) and Hong Kong SAR (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, Indonesia, Taiwan (Chinese), Thailand, India, Vietnam, Hong Kong SAR, Malaysia, Bangladesh and Pakistan lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Bangladesh, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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