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From 2016 to 2023, the growth of imports failed to regain momentum. In value terms, Nail And Bolt imports soared to $21M in 2023.
Imports of Metal Washer reached a peak of 112K tons in 2022, but sharply declined to $294M in 2023 in value terms.
Barbed Wire exports peaked at 849 tons before sharply declining the following year, with a notable contraction to $660K in value in 2023.
Steel Spring exports soared to 250K tons in 2017, but declined from 2018 to 2023. However, in 2023, the value of Steel Spring exports surged to $1.7B.
Imports of pliers and pincers peaked in 2023 and are projected to continue growing in the future. The value of these imports reached $45M in 2023.
Over the period under review, Bearing exports reached a peak of 93K tons in 2015. From 2016 to 2023, the exports maintained a slightly lower level. In terms of value, Bearing exports amounted to $1.6B in 2023.
Household Hand Tools imports peaked at 7.5K tons in 2022, and then declined in the following year. In value terms, imports dropped to $78M in 2023.
Exports of Paper Knife reached a record high in 2023 and are expected to continue growing steadily. The value of paper knife exports surged to $244M in that year.
From 2022 to 2023, Metal Cutting Shear imports saw a slight decrease, with the value dropping to $667K in 2023.
During the review period, Band Saw Blade imports peaked at 3.2K tons in 2021 but slightly decreased from 2022 to 2023. In terms of value, band saw blade imports totaled $43M in 2023.
During the review period, imports of Spades And Shovels reached a record high of 2.1K tons in 2022, but saw a dramatic contraction in the following year. In terms of value, imports dropped significantly to $3M in 2023.
Gouges And Chisels imports reached a peak of 1.1K tons in 2019, but struggled to regain momentum from 2020 to 2023. In terms of value, Gouges And Chisels imports were at $851K in 2023.