EU: Metal Self-Locking Nut Market 2025

Metal Self-Locking Nut Market Size in the EU

In 2021, the EU metal self-locking nut market increased by 20% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Self-Locking Nut Production in the EU

In value terms, metal self-locking nut production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 7.1%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Metal Self-Locking Nut Exports

Exports in the EU

In 2021, after two years of decline, there was significant growth in overseas shipments of iron or steel nuts (including self-locking nuts), when their volume increased by 18% to X tons. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor 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, metal self-locking nut exports surged to $X in 2021. The total export value increased at an average annual rate of +4.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany represented the largest exporter of iron or steel nuts (including self-locking nuts) in the European Union, with the volume of exports reaching X tons, which was near 40% of total exports in 2021. It was distantly followed by the Netherlands (X tons), Italy (X tons), Belgium (X tons), France (X tons) and Denmark (X tons), together comprising a 46% share of total exports. The following exporters - Spain (X tons) and the Czech Republic (X tons) - together made up 5.3% of total exports.

Exports from Germany increased at an average annual rate of +3.2% from 2012 to 2021. At the same time, Belgium (+11.8%), Spain (+5.9%), Denmark (+5.4%), Italy (+4.4%) and the Netherlands (+3.6%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +11.8% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, France (-2.0%) illustrated a downward trend over the same period. Belgium (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while Germany and France saw its share reduced by -1.5% and -4.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest metal self-locking nut supplier in the European Union, comprising 46% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +4.2%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+2.1% per year) and Italy (+6.4% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, with an increase of 1.7% against the previous year. Overall, the export price showed a slight increase. The growth pace was the most rapid in 2018 when the export price increased by 8.3%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.7%), while the other leaders experienced more modest paces of growth.

Metal Self-Locking Nut Imports

Imports in the EU

Metal self-locking nut imports soared to X tons in 2021, picking up by 22% against the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern 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, metal self-locking nut imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany represented the largest importer of iron or steel nuts (including self-locking nuts) in the European Union, with the volume of imports recording X tons, which was approx. 27% of total imports in 2021. The Netherlands (X tons) ranks second in terms of the total imports with an 11% share, followed by Spain (11%), Italy (9.4%), Poland (8%) and France (7%). Slovakia (X tons), the Czech Republic (X tons), Belgium (X tons), Hungary (X tons), Austria (X tons), Sweden (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal self-locking nut imports into Germany stood at +3.0%. At the same time, Hungary (+13.2%), Spain (+11.4%), Poland (+7.1%), Austria (+6.5%), Belgium (+6.3%), Denmark (+6.2%), Italy (+5.4%), the Netherlands (+4.0%), France (+2.2%), the Czech Republic (+2.1%) and Slovakia (+1.4%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +13.2% from 2012-2021. By contrast, Sweden (-1.8%) illustrated a downward trend over the same period. Spain (+4.6 p.p.), Poland (+1.6 p.p.) and Hungary (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while France, Sweden and Germany saw its share reduced by -1.6%, -1.6% and -3.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported iron or steel nuts (including self-locking nuts) in the European Union, comprising 29% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.5% share of total imports. It was followed by France, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +4.0%. In the other countries, the average annual rates were as follows: the Netherlands (+7.0% per year) and France (+0.4% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, growing by 5.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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