Czech Republic: Metal Rivet Market 2025

Metal Rivet Market Size in the Czech Republic

The Czech metal rivet market skyrocketed to $X in 2022, increasing by 15% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Metal Rivet Production in the Czech Republic

In value terms, metal rivet production soared to $X in 2022 estimated in export price. Overall, production saw a strong increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Metal Rivet Exports

Exports from the Czech Republic

In 2022, approx. X tons of iron or steel rivets were exported from the Czech Republic; picking up by 56% compared with the previous year's figure. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 94%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal rivet exports soared to $X in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons), Latvia (X tons) and Poland (X tons) were the main destinations of metal rivet exports from the Czech Republic, together comprising 72% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Switzerland ($X) were the largest markets for metal rivet exported from the Czech Republic worldwide, together accounting for 62% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +15.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal rivet export price stood at $X per ton in 2022, reducing by -21.5% against the previous year. In general, the export price saw a mild slump. The growth pace was the most rapid in 2020 an increase of 60%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into the Czech Republic

In 2022, overseas purchases of iron or steel rivets were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 85% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, metal rivet imports reached $X in 2022. Overall, imports showed mild growth. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest metal rivet supplier to the Czech Republic, with a 40% share of total imports. Moreover, metal rivet imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.4% per year) and South Korea (+2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel rivets to the Czech Republic, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports. It was followed by Italy, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.1% per year) and Italy (+0.7% per year).

Import Prices by Country

In 2022, the average metal rivet import price amounted to $X per ton, picking up by 2.1% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal rivet import price increased by +24.6% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 46%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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