Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand - 2024
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (CIF) - 2024
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (FOB) - 2024
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (CIF) - 2024
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $9,674 per ton in November 2023, which is down by -7.2% against the previous month. Overall, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in July 2023 an increase of 15% m-o-m. Over the period under review, average import prices attained the peak figure at $14,963 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($38,534 per ton), while the price for China ($4,269 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.7%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (FOB) - 2024
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $14,171 per ton in November 2023, increasing by 7.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 11% month-to-month. As a result, the export price reached the peak level of $14,411 per ton. From September 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Vietnam ($37,138 per ton), while the average price for exports to Argentina ($7,334 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand
In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Thailand reached 5.8K tons, increasing by 9.1% compared with 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses contracted dramatically to $69M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $83M, and then shrank rapidly in the following year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 27.5 | 25.0 | 30.9 | 24.8 | -3.4% |
| China | 16.1 | 18.3 | 22.7 | 17.9 | 3.6% |
| United States | 3.1 | 2.7 | 2.9 | 4.5 | 13.2% |
| Taiwan (Chinese) | 2.2 | 1.8 | 2.2 | 2.1 | -1.5% |
| Vietnam | 0.7 | 1.2 | 1.7 | 1.7 | 34.4% |
| Philippines | 1.4 | 0.9 | 1.3 | 1.2 | -5.0% |
| India | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Others | 14.1 | 16.4 | 20.5 | 15.8 | 3.9% |
| Total | 65.2 | 66.4 | 82.6 | 68.5 | 1.7% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Thailand in 2022:
- China (3253.0 tons)
- Japan (1376.0 tons)
- Taiwan (Chinese) (308.4 tons)
- Philippines (190.5 tons)
- Vietnam (117.6 tons)
- India (100.0 tons)
- United States (83.8 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Thailand soared to 1.7K tons, jumping by 24% against 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses reached $21M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.9 | 3.6 | 4.4 | 4.7 | -1.4% |
| Vietnam | 1.5 | 1.9 | 2.9 | 3.1 | 27.4% |
| Indonesia | 3.5 | 1.6 | 2.7 | 3.0 | -5.0% |
| China | 0.9 | 0.7 | 1.0 | 1.6 | 21.1% |
| South Korea | 3.1 | 1.9 | 1.9 | 1.3 | -25.1% |
| India | 0.7 | 0.6 | 1.0 | 1.0 | 12.6% |
| Cambodia | 0.2 | 0.9 | 0.9 | 0.8 | 58.7% |
| Argentina | 0.2 | 0.2 | 0.4 | 0.8 | 58.7% |
| South Africa | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| United States | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Malaysia | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
| Pakistan | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Egypt | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Others | 2.1 | 2.1 | 2.3 | 2.3 | 3.1% |
| Total | 18.7 | 14.9 | 19.5 | 20.8 | 3.6% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Thailand in 2022:
- Indonesia (347.3 tons)
- Japan (297.7 tons)
- China (159.5 tons)
- India (147.6 tons)
- Vietnam (107.7 tons)
- South Korea (105.8 tons)
- Argentina (93.8 tons)
- Malaysia (73.4 tons)
- South Africa (68.8 tons)
- Pakistan (34.1 tons)
- Cambodia (33.3 tons)
- United States (28.8 tons)
- Egypt (27.0 tons)
221
This report provides an in-depth analysis of the metal cotter pin market in Thailand.
264
This report provides an in-depth analysis of the threaded metal articles market in Thailand.
217
This report provides an in-depth analysis of the market for stainless steel self-tapping screw in Thailand.
241
This report provides an in-depth analysis of the stainless steel nut market in Thailand.
247
This report provides an in-depth analysis of the metal wood screw market in Thailand.
302
This report provides an in-depth analysis of the metal washer market in Thailand.
272
This report provides an in-depth analysis of the metal spring washer market in Thailand.
316
This report provides an in-depth analysis of the metal self-tapping screw market in Thailand.
296
This report provides an in-depth analysis of the metal screw hook market in Thailand.
312
This report provides an in-depth analysis of the metal rivet market in Thailand.
106
Imports of Metal Washer remained relatively flat overall. However, in January 2024, the value of metal washer imports saw a significant increase to $12M.
157
Metal Washer imports reached its highest point in September 2023, with a remarkable increase in value to $13M.
342
As of May 2023, the price of Metal Screw Hook was $3,194 per ton (CIF, Thailand), reflecting a 15% increase compared to the previous month.
102
Explore the top import markets for metal self-locking nuts. Discover the countries with the highest import values and opportunities for exporters. Data from IndexBox platform.
144
Explore the top import markets for metal self-locking nuts based on their import value in 2022. Understand the key statistics and market dynamics of these countries.
139
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
5443
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
810
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
1254
In value terms, screws, bolts, nuts, coach screws exports stood at $X in 2016. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports value increased at an average annual ...
828
In value terms, copper, nails, tacks, drawing pins, staples exports totaled $X in 2016. In general, copper, nails, tacks, drawing pins, staples exports continue to indicate a relatively flat trend ...
