South-Eastern Asia: Metal Tubular Rivet Market 2024

Metal Tubular Rivet Market Size in South-Eastern Asia

The Southeast Asian metal tubular rivet market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metal Tubular Rivet Production in South-Eastern Asia

In value terms, metal tubular rivet production reduced modestly to $X in 2022 estimated in export price. Overall, production saw a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Tubular Rivet Exports

Exports in South-Eastern Asia

In 2022, the amount of base metal tubular or bifurcated rivets exported in South-Eastern Asia dropped to X tons, waning by X% on the previous year's figure. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, metal tubular rivet exports dropped modestly to $X in 2022. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted modestly in the following year.

Exports by Country

Vietnam was the largest exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Singapore (X tons), making up a X% share of total exports. Thailand (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the base metal tubular or bifurcated rivets exports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%) displayed positive paces of growth. Thailand experienced a relatively flat trend pattern. From 2012 to 2022, the share of Vietnam increased by X percentage points.

In value terms, Vietnam ($X) remains the largest metal tubular rivet supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a mild slump. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Metal Tubular Rivet Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of base metal tubular or bifurcated rivets were imported in South-Eastern Asia; with a decrease of X% against the year before. Over the period under review, imports, however, continue to indicate a prominent expansion. 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 declined rapidly in the following year.

In value terms, metal tubular rivet imports shrank notably to $X in 2022. Total imports indicated a moderate expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

Indonesia represented the major importer of base metal tubular or bifurcated rivets in South-Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Vietnam (X tons), the Philippines (X tons), Thailand (X tons), Myanmar (X tons) and Malaysia (X tons), together constituting a X% share of total imports. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal tubular rivet importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and the Philippines ($X), with a combined X% share of total imports. Thailand, Singapore, Malaysia and Myanmar lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced reduction. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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