EU: Nail And Bolt Market 2024

Nail And Bolt Market Size in the EU

In 2022, the EU nail and bolt market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption saw a slight downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Nail And Bolt Production in the EU

In value terms, nail and bolt production expanded rapidly to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Nail And Bolt Exports

Exports in the EU

In 2022, shipments abroad of nails, tacks, staples, screws and bolts increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. 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, nail and bolt exports totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), Poland (X tons), the Czech Republic (X tons), France (X tons) and Spain (X tons) represented the largest exporters of nails, tacks, staples, screws and bolts, together making up X% of total exports.

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

In value terms, Germany ($X) remains the largest nail and bolt supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by France, with an X% share.

In Germany, nail and bolt exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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 France ($X per ton), while the Netherlands ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Nail And Bolt Imports

Imports in the EU

In 2022, overseas purchases of nails, tacks, staples, screws and bolts increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, 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% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, nail and bolt imports expanded markedly to $X in 2022. Total imports indicated a tangible 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), Italy (X tons), the Netherlands (X tons), France (X tons), Poland (X tons) and Belgium (X tons) represented the main importers of nails, tacks, staples, screws and bolts, together constituting X% of total imports. The Czech Republic (X tons), Austria (X tons), Slovakia (X tons), Sweden (X tons), Romania (X tons) and Hungary (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Spain (X%), Italy (X%), the Netherlands (X%), Poland (X%), Romania (X%), Hungary (X%), Belgium (X%), Sweden (X%), Austria (X%), the Czech Republic (X%) and France (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) illustrated a downward trend over the same period. While the share of Spain (X p.p.), Italy (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.), France (X p.p.) and Slovakia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

In Germany, nail and bolt imports 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: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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