Asia: Metal Cotter Pin Market 2020

Metal Cotter Pin Market Size in Asia

The revenue of the metal cotter pin market in Asia amounted to $X in 2017, declining by -X% against the previous year. The metal cotter pin consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the metal cotter pin market attained their peak level of $X. From 2015 to 2017, growth of the metal cotter pin market stood at a somewhat lower level.

Metal Cotter Pin Production in Asia

In 2017, approx. X tons of iron or steel cotters and cotter-pins were produced in Asia; growing by X% against the previous year. The metal cotter pin production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the metal cotter pin production attained its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Metal Cotter Pin Exports in Asia

The exports totaled X tons in 2017, going up by X% against the previous year. The total exports indicated a mild growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cotter pin exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the metal cotter pin exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, metal cotter pin exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cotter pin exports increased by +X% against 2014 indices. Over the period under review, the metal cotter pin exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Metal Cotter Pin Exports by Country in Asia

China was the largest exporter of iron or steel cotters and cotter-pins in Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. Taiwan, Chinese (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%), South Korea (X%) and Turkey (X%). Malaysia (X tons), Singapore (X tons) and Thailand (X tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Malaysia (+X%), South Korea (+X%), Singapore (+X%), Turkey (+X%), Taiwan, Chinese (+X%), Japan (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of China increased by X% percentage points, while Singapore (-X%), Turkey (-X%), Malaysia (-X%), Japan (-X%), South Korea (-X%) and Taiwan, Chinese (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal cotter pin markets worldwide were China ($X), Japan ($X) and Taiwan, Chinese ($X), together accounting for X% of total exports. South Korea, Turkey, Singapore, Malaysia and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries , South Korea (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Cotter Pin Export Prices by Country in Asia

The metal cotter pin export price in Asia stood at $X per ton in 2017, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per kg), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Cotter Pin Imports in Asia

In 2017, metal cotter pin imports in Asia totaled X tons, falling by -X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cotter pin imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Over the period under review, the metal cotter pin imports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metal cotter pin imports stood at $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal cotter pin imports decreased by -X% against 2014 indices. Over the period under review, the metal cotter pin imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Cotter Pin Imports by Country in Asia

In 2017, China (X tons) and South Korea (X tons) were the largest importers of iron or steel cotters and cotter-pins in the globe, together generating X% of total imports. India (X tons) ranks second in terms of the global imports with a X% share, followed by Indonesia (X%), Thailand (X%) and Malaysia (X%). Japan (X tons), Saudi Arabia (X tons), Vietnam (X tons), Singapore (X tons), Turkey (X tons) and the Philippines (X tons) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported iron or steel cotters and cotter-pins in Asia, making up X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

In China, metal cotter pin imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: India (+X% per year) and Indonesia (+X% per year).

Metal Cotter Pin Import Prices by Country in Asia

The metal cotter pin import price in Asia stood at $X per ton in 2017, rising by X% against the previous year. The metal cotter pin import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y. Over the period under review, the import prices for iron or steel cotters and cotter-pins attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Vietnam ($X per kg), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform