China - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights

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Metal rivet Price in China - 2023

Contents:

  1. Price Forecast for Iron Or Steel Rivets in China till 2025
  2. Metal rivet Price in China (FOB) - 2023
  3. Metal rivet Price in China (CIF) - 2023
  4. China Metal rivet Exports
  5. China Metal rivet Imports

Price Forecast for Iron Or Steel Rivets in China till 2025

Metal rivet Price in China (FOB) - 2023

In March 2023, the average metal rivet export price amounted to $4,790 per ton, picking up by 4.4% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 12% month-to-month. As a result, the export price attained the peak level of $5,319 per ton. From December 2022 to March 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($9,521 per ton), while the average price for exports to Indonesia ($2,404 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal rivet Price in China (CIF) - 2023

The average metal rivet import price stood at $16.8 per kg in March 2023, remaining constant against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 22% against the previous month. The import price peaked at $16.9 per kg in April 2022; however, from May 2022 to March 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($116 per kg), while the price for South Korea ($5,877 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

China Metal rivet Exports

COUNTRY2019202020212022CAGR,
2019-2022
Million USD
United States9.213.018.528.746.1%
Vietnam4.711.713.416.652.3%
Philippines2.46.912.311.970.5%
India2.32.34.46.541.4%
Netherlands0.42.36.35.6141.0%
Russia2.13.24.65.437.0%
Mexico3.03.26.94.917.8%
Brazil0.81.53.84.881.7%
Germany3.03.04.94.615.3%
Spain1.01.83.13.551.8%
Saudi Arabia3.83.33.13.2-5.6%
Poland0.31.23.42.5102.7%
Italy0.81.43.02.444.2%
Others29.742.367.771.534.0%
Total63.697.115517239.3%

Top Export Markets for Iron or steel rivets from China 2022:

  1. United States (6.6K tons)
  2. Philippines (3.2K tons)
  3. Vietnam (2.6K tons)
  4. Netherlands (1.5K tons)
  5. Russia (1.5K tons)
  6. Brazil (1.3K tons)
  7. India (1.2K tons)
  8. Poland (0.9K tons)
  9. Spain (0.9K tons)
  10. Saudi Arabia (0.8K tons)
  11. Germany (0.8K tons)
  12. Italy (0.7K tons)
  13. Mexico (0.7K tons)

For the fourth consecutive year, China recorded growth in shipments abroad of iron or steel rivets, which increased by 0.8% to 37K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 51%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, metal rivet exports expanded remarkably to $172M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

China Metal rivet Imports

COUNTRY2019202020212022CAGR,
2019-2022
Million USD
Germany18.018.720.915.5-4.9%
Japan16.216.218.214.4-3.9%
United States10.27.08.18.5-5.9%
United Kingdom2.43.77.47.143.6%
Taiwan (Chinese)4.13.85.42.7-13.0%
South Korea3.42.62.32.3-12.2%
Austria0.10.10.91.7157.1%
Spain1.51.41.61.50.0%
Others5.95.25.14.3-10.0%
Total61.958.769.858.0-2.1%

Top Suppliers of Iron or steel rivets to China 2022:

  1. Japan (1118.4 tons)
  2. Germany (838.0 tons)
  3. South Korea (379.8 tons)
  4. United Kingdom (251.6 tons)
  5. Spain (218.2 tons)
  6. Taiwan (Chinese) (193.2 tons)
  7. Austria (181.4 tons)
  8. United States (132.2 tons)

In 2022, metal rivet imports into China dropped markedly to 3.7K tons, waning by -15.2% compared with the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2%. Imports peaked at 4.7K tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal rivet imports shrank markedly to $58M in 2022. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $70M, and then dropped markedly in the following year.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal rivet market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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