Asia: Nail And Bolt Market 2025

Nail And Bolt Market Size in Asia

The Asian nail and bolt market declined rapidly to $X in 2021, with a decrease of -15.1% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Nail And Bolt Production in Asia

In value terms, nail and bolt production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Nail And Bolt Exports

Exports in Asia

In 2021, overseas shipments of nails, tacks, staples, screws and bolts were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 61% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, nail and bolt exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of nails, tacks, staples, screws and bolts in Asia, with the volume of exports reaching X tons, which was approx. 55% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), committing a 19% share of total exports. The following exporters - Vietnam (X tons), India (X tons), Japan (X tons), Turkey (X tons), South Korea (X tons), Thailand (X tons) and Malaysia (X tons) - together made up 22% of total exports.

From 2012 to 2021, average annual rates of growth with regard to nail and bolt exports from China stood at +3.9%. At the same time, Turkey (+12.7%), Vietnam (+12.6%), India (+4.2%), Thailand (+4.1%), South Korea (+2.9%) and Taiwan (Chinese) (+2.2%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +12.7% from 2012-2021. Japan and Malaysia experienced a relatively flat trend pattern. While the share of Vietnam (+2.2 p.p.) and Turkey (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Taiwan (Chinese) (-2.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest nail and bolt supplier in Asia, comprising 44% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 21% share of total exports. It was followed by Japan, with an 11% share.

In China, nail and bolt exports increased at an average annual rate of +7.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+4.3% per year) and Japan (-1.5% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, growing by 7.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2016 an increase of 49% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the other leaders experienced more modest paces of growth.

Nail And Bolt Imports

Imports in Asia

Nail and bolt imports rose significantly to X tons in 2021, with an increase of 11% compared with the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt imports surged to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of nail and bolt imports in 2021 were Japan (X tons), China (X tons), India (X tons), South Korea (X tons), Thailand (X tons), Vietnam (X tons), Singapore (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Indonesia (X tons), Malaysia (X tons) and Turkey (X tons), together accounting for 77% of total import. The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in Asia, comprising 26% of total imports. The second position in the ranking was taken by Thailand ($X), with a 9.2% share of total imports. It was followed by Japan, with an 8.1% share.

In China, nail and bolt imports increased at an average annual rate of +2.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (-0.4% per year) and Japan (-0.1% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, rising by 7.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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