Germany: Nail And Bolt Market 2024

Nail And Bolt Market Size in Germany

The German nail and bolt market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Nail And Bolt Production in Germany

In value terms, nail and bolt production soared to $X in 2021 estimated in export price. In general, production, however, faced a abrupt downturn. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Nail And Bolt Exports

Exports from Germany

In 2021, overseas shipments of nails, tacks, staples, screws and bolts increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed 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, nail and bolt exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.7% over the period 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

France (X tons), China (X tons) and the Netherlands (X tons) were the main destinations of nail and bolt exports from Germany, together accounting for 25% of total exports. Poland, Austria, the Czech Republic, the United States, Italy, Spain, Hungary, Sweden, the UK and Belgium lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +6.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nail and bolt exported from Germany were China ($X), France ($X) and the United States ($X), together comprising 26% of total exports. These countries were followed by the Czech Republic, Poland, Austria, the Netherlands, Italy, Hungary, the UK, Spain, Belgium and Sweden, which together accounted for a further 44%.

Among the main countries of destination, Italy, with a CAGR of +6.8%, 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 average nail and bolt export price amounted to $X per ton, with an increase of 5.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Germany

After two years of decline, purchases abroad of nails, tacks, staples, screws and bolts increased by 20% to X tons in 2021. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, nail and bolt imports surged to $X in 2021. The total import value increased at an average annual rate of +3.5% 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

China (X tons), Italy (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of nail and bolt imports to Germany, together comprising 43% of total imports. The Netherlands, Turkey, the Czech Republic, Poland, Austria, India, France, Vietnam, Spain and Belgium lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +12.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nail and bolt suppliers to Germany were Italy ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 36% share of total imports.

Among the main suppliers, China, with a CAGR of +11.8%, recorded 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 average nail and bolt import price amounted to $X per ton, growing by 6.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Vietnam ($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) (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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