CIS: Metal Self-Locking Nut Market 2025

Metal Self-Locking Nut Market Size in CIS

The CIS metal self-locking nut market surged to $X in 2021, increasing by 27% against the previous year. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +19.2% against 2018 indices. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

Metal Self-Locking Nut Production in CIS

In value terms, metal self-locking nut production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 25%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Self-Locking Nut Exports

Exports in CIS

In 2021, shipments abroad of iron or steel nuts (including self-locking nuts) decreased by -5.6% to X tons for the first time since 2017, thus ending a three-year rising trend. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.6% against 2013 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 15%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, metal self-locking nut exports surged to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +73.6% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus represented the largest exporting country with an export of about X tons, which accounted for 62% of total exports. It was distantly followed by Russia (X tons), achieving a 38% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +7.4%).

In value terms, Russia ($X) and Belarus ($X) were the countries with the highest levels of exports in 2021.

Russia, with a CAGR of +5.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 32% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-0.4%).

Metal Self-Locking Nut Imports

Imports in CIS

In 2021, approx. X tons of iron or steel nuts (including self-locking nuts) were imported in the CIS; increasing by 6.5% on 2020. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.5% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by 21%. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, metal self-locking nut imports skyrocketed to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.8% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 37%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Russia dominates imports structure, recording X tons, which was approx. 83% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), generating a 7.1% share of total imports. The following importers - Belarus (X tons) and Uzbekistan (X tons) - each finished at a 7.7% share of total imports.

Imports into Russia increased at an average annual rate of +3.8% from 2012 to 2021. At the same time, Uzbekistan (+15.1%), Kazakhstan (+3.2%) and Belarus (+1.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.1% from 2012-2021. Uzbekistan (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -2.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported iron or steel nuts (including self-locking nuts) in the CIS, comprising 80% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 6.6% share of total imports. It was followed by Uzbekistan, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +6.2%. In the other countries, the average annual rates were as follows: Kazakhstan (+5.7% per year) and Uzbekistan (+32.2% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, jumping by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 22%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+14.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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