Brazil: Nail And Bolt Market 2024

Nail And Bolt Market Size in Brazil

In 2021, the Brazilian nail and bolt market increased by 6.5% to $X for the first time since 2012, thus ending a eight-year declining trend. In general, consumption, however, recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Nail And Bolt Production in Brazil

In value terms, nail and bolt production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a deep reduction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Nail And Bolt Exports

Exports from Brazil

In 2021, approx. X tons of nails, tacks, staples, screws and bolts were exported from Brazil; rising by 29% compared with 2020 figures. Overall, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt exports expanded markedly to $X in 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons), Paraguay (X tons) and Bolivia (X tons) were the main destinations of nail and bolt exports from Brazil, with a combined 70% share of total exports. These countries were followed by the United States, Uruguay, Germany, France and Mexico, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +16.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), the United States ($X) and Paraguay ($X) were the largest markets for nail and bolt exported from Brazil worldwide, with a combined 59% share of total exports. France, Bolivia, Germany, Mexico and Uruguay lagged somewhat behind, together accounting for a further 21%.

France, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nail and bolt export price stood at $X per ton in 2021, declining by -13.1% against the previous year. Overall, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 17%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Nail And Bolt Imports

Imports into Brazil

In 2021, purchases abroad of nails, tacks, staples, screws and bolts increased by 64% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the peak figure at $X in 2013; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of nail and bolt to Brazil, accounting for a 55% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by Japan (X tons), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.4% per year) and Japan (+1.8% per year).

In value terms, the largest nail and bolt suppliers to Brazil were China ($X), the United States ($X) and Germany ($X), together comprising 53% of total imports. These countries were followed by Japan, Italy, France, Taiwan (Chinese) and India, which together accounted for a further 28%.

Among the main suppliers, India, with a CAGR of +13.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average nail and bolt import price amounted to $X per ton, waning by -12% against the previous year. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2016 an increase of 15%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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