Southern Asia: Metal Tubular Rivet Market 2024

Metal Tubular Rivet Market Size in Southern Asia

The South Asian metal tubular rivet market declined modestly to $X in 2022, dropping by X% against the previous year. The total consumption indicated a slight 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2021, and then dropped slightly in the following year.

Metal Tubular Rivet Production in Southern Asia

In value terms, metal tubular rivet production shrank modestly to $X in 2022 estimated in export price. The total production indicated a modest 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Metal Tubular Rivet Exports

Exports in Southern Asia

In 2022, after two years of decline, there was significant growth in overseas shipments of base metal tubular or bifurcated rivets, when their volume increased by X% to X tons. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal tubular rivet exports surged to $X in 2022. In general, exports, however, continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, India (X tons) was the largest exporter of base metal tubular or bifurcated rivets, committing X% of total exports. It was distantly followed by Bangladesh (X tons) and Sri Lanka (X tons), together comprising a X% share of total exports. Pakistan (X kg) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh and Sri Lanka increased by X and X percentage points, respectively.

In value terms, India ($X) remains the largest metal tubular rivet supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India ($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.

Metal Tubular Rivet Imports

Imports in Southern Asia

In 2022, approx. X tons of base metal tubular or bifurcated rivets were imported in Southern Asia; waning by X% compared with 2021 figures. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, metal tubular rivet imports dropped to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

India represented the major importer of base metal tubular or bifurcated rivets in Southern Asia, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons) and Sri Lanka (X tons), together comprising a X% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest metal tubular rivet importing markets in Southern Asia were Bangladesh ($X), India ($X) and Sri Lanka ($X), together comprising X% of total imports.

In terms of the main importing countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price posted a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :