Europe: Metal Tubular Rivet Market 2024

Metal Tubular Rivet Market Size in Europe

The Europe metal tubular rivet market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Tubular Rivet Production in Europe

In value terms, metal tubular rivet production soared to $X in 2021 estimated in export price. In general, production, however, saw a noticeable downturn. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Tubular Rivet Exports

Exports in Europe

Metal tubular rivet exports expanded markedly to X tons in 2021, with an increase of 12% against the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, metal tubular rivet exports soared to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) represented roughly 59% of total exports in 2021. Italy (X tons) held the next position in the ranking, followed by Spain (X tons) and France (X tons). All these countries together took approx. 22% share of total exports. Sweden (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +15.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 62% of total exports.

In terms of the main exporting countries, Germany, with a CAGR of +8.0%, saw the highest rates of growth with regard to 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

In 2021, the export price in Europe amounted to $X per ton, picking up by 4.9% against the previous year. Overall, the export price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2016 an increase of 9.2% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 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 ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the other leaders experienced more modest paces of growth.

Metal Tubular Rivet Imports

Imports in Europe

In 2021, supplies from abroad of base metal tubular or bifurcated rivets was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 22% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal tubular rivet imports soared to $X in 2021. The total import value increased at an average annual rate of +3.4% 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

The purchases of the twelve major importers of base metal tubular or bifurcated rivets, namely Germany, the Netherlands, Russia, France, Italy, Poland, Spain, Slovakia, the UK, Hungary, the Czech Republic and Austria, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +23.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 47% of total imports. These countries were followed by Russia, Italy, Poland, Spain, the UK, Austria, the Czech Republic, Hungary and Slovakia, which together accounted for a further 40%.

In terms of the main importing countries, Slovakia, with a CAGR of +21.6%, saw the highest growth rate of 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 import price in Europe amounted to $X per ton, picking up by 8.2% against the previous year. Overall, the import price, however, showed a slight decrease. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform