Asia: Stainless Steel Nut Market 2020

Stainless Steel Nut Market Size in Asia

The revenue of the stainless steel nut market in Asia amounted to $X in 2017, rising by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of stainless steel nut consumption peaked in 2017, and is expected to retain its growth in the near future.

Stainless Steel Nut Production in Asia

The stainless steel nut production amounted to X tons in 2017, remaining constant against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. The volume of stainless steel nut production peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Stainless Steel Nut Exports in Asia

The exports stood at X tons in 2017, coming up by X% against the previous year. The total exports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2011, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, stainless steel nut exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut exports increased by +X% against 2014 indices. Over the period under review, the stainless steel nut exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Stainless Steel Nut Exports by Country in Asia

In 2017, China (X tons) was the largest exporter for stainless steel nuts, constituting X% of total exports. Taiwan, Chinese (X tons) ranks second in terms of the global exports with a X% share, followed by India (X%) and Japan (X%). South Korea (X tons) held the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel nut markets worldwide were China ($X), Taiwan, Chinese ($X) and Japan ($X), together comprising X% of total exports. India and South Korea lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , India (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Stainless Steel Nut Export Prices by Country in Asia

In 2017, the stainless steel nut export price in Asia amounted to $X per ton, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Stainless Steel Nut Imports in Asia

In 2017, approx. X tons of stainless steel nuts were imported in Asia; increasing by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the stainless steel nut imports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, stainless steel nut imports stood at $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Stainless Steel Nut Imports by Country in Asia

China represented the main importing country with an import of about X tons, which finished at X% of total imports. Iran (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%), Japan (X%), India (X%), Thailand (X%) and Indonesia (X%). Turkey (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Vietnam (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to stainless steel nut imports into China stood at +X%. At the same time, Iran (+X%), India (+X%), Vietnam (+X%), Indonesia (+X%), Thailand (+X%), Malaysia (+X%), the United Arab Emirates (+X%), South Korea (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Japan and Saudi Arabia experienced a relatively flat trend pattern. Thailand (-X%), South Korea (-X%), Indonesia (-X%), India (-X%), Iran (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported stainless steel nuts in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Turkey (+X% per year).

Stainless Steel Nut Import Prices by Country in Asia

In 2017, the stainless steel nut import price in Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. The stainless steel nut import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for stainless steel nuts reached its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform