Eastern Asia: Nail And Bolt Market 2025

Nail And Bolt Market Size in Eastern Asia

The East Asian nail and bolt market fell to $X in 2021, which is down by -9.3% against the previous year. The market value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Nail And Bolt Production in Eastern Asia

In value terms, nail and bolt production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 15%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Nail And Bolt Exports

Exports in Eastern Asia

In 2021, shipments abroad of nails, tacks, staples, screws and bolts was 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 temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, nail and bolt exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern 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.

Exports by Country

China represented the key exporter of nails, tacks, staples, screws and bolts in Eastern Asia, with the volume of exports reaching X tons, which was approx. 68% of total exports in 2021. Taiwan (Chinese) (X tons) held the second position in the ranking, distantly followed by Japan (X tons). All these countries together held near 28% share of total exports. South Korea (X tons) took a minor share of total exports.

China was also the fastest-growing in terms of the nails, tacks, staples, screws and bolts exports, with a CAGR of +3.9% from 2012 to 2021. At the same time, South Korea (+2.9%) and Taiwan (Chinese) (+2.2%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. China (+4.1 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) 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, China ($X) remains the largest nail and bolt supplier in Eastern Asia, comprising 54% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 26% share of total exports. It was followed by Japan, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +7.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (+4.3% per year) and Japan (-1.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, growing by 8.6% against the previous year. Export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nail and bolt export price decreased by -24.6% against 2016 indices. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. As a result, the export price reached 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 ($X per ton), while China ($X per ton) was amongst the lowest.

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

Nail And Bolt Imports

Imports in Eastern Asia

In 2021, supplies from abroad of nails, tacks, staples, screws and bolts was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, nail and bolt imports soared to $X in 2021. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached 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) and South Korea (X tons), together amounting to 89% of total import. It was distantly followed by Hong Kong SAR (X tons), achieving a 6.7% share of total imports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +3.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in Eastern Asia, comprising 60% of total imports. The second position in the ranking was taken by Japan ($X), with a 19% share of total imports. It was followed by South Korea, with a 12% 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: Japan (-0.1% per year) and South Korea (+3.6% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, surging by 6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9.7% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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