Germany: Metal Screw Hook Market 2024

Metal Screw Hook Market Size in Germany

In 2022, the German metal screw hook market increased by 40% to $X, rising for the second consecutive year after three years of decline. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +77.0% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Screw Hook Production in Germany

In value terms, metal screw hook production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by 14% against the previous year. Metal screw hook production peaked at $X in 2021, and then dropped in the following year.

Metal Screw Hook Exports

Exports from Germany

In 2022, exports of iron or steel screw hooks and screw rings from Germany fell to X tons, which is down by -11.3% on 2021. In general, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 32%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, metal screw hook exports shrank rapidly to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

The United States (X tons), China (X tons) and Italy (X tons) were the main destinations of metal screw hook exports from Germany, together comprising 40% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +50.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Austria ($X) appeared to be the largest markets for metal screw hook exported from Germany worldwide, with a combined 30% share of total exports. The Czech Republic, the Netherlands, Poland, Italy, France, Switzerland, Slovenia, Mexico, Sweden and South Africa lagged somewhat behind, together accounting for a further 40%.

Mexico, with a CAGR of +32.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal screw hook export price amounted to $X per ton, falling by -7.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the United States ($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 the Czech Republic (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Screw Hook Imports

Imports into Germany

In 2022, supplies from abroad of iron or steel screw hooks and screw rings increased by 6.8% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.0% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metal screw hook imports soared to $X in 2022. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2017 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), India (X tons) and Italy (X tons) were the main suppliers of metal screw hook imports to Germany, with a combined 90% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +45.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Italy ($X) were the largest metal screw hook suppliers to Germany, together comprising 82% of total imports.

India, with a CAGR of +43.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal screw hook import price stood at $X per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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