Greece: Metal Rivet Market 2025

Metal Rivet Market Size in Greece

In 2022, the Greek metal rivet market increased by 14% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Metal Rivet Exports

Exports from Greece

Metal rivet exports from Greece skyrocketed to X tons in 2022, jumping by 190% against the year before. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 393%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal rivet exports soared to $X in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for metal rivet exports from Greece, accounting for a 42% share of total exports. Moreover, metal rivet exports to Hungary exceeded the volume sent to the second major destination, Bulgaria (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at +228.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-0.4% per year) and Spain (+45.0% per year).

In value terms, Hungary ($X), Spain ($X) and Tunisia ($X) constituted the largest markets for metal rivet exported from Greece worldwide, with a combined 66% share of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +205.1%, saw the highest growth rate of 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 2022, the average metal rivet export price amounted to $X per ton, growing by 42% against the previous year. Overall, the export price posted a slight increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 110% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Bulgaria ($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 United Arab Emirates (+93.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Greece

In 2022, the amount of iron or steel rivets imported into Greece skyrocketed to X tons, picking up by 22% on the year before. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 44% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, metal rivet imports soared to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 46%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal rivet to Greece, with a 43% share of total imports. Moreover, metal rivet imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.0% per year) and Turkey (+2.6% per year).

In value terms, China ($X), Italy ($X) and Turkey ($X) constituted the largest metal rivet suppliers to Greece, with a combined 78% share of total imports. Germany, France and Taiwan (Chinese) lagged somewhat behind, together comprising a further 14%.

France, with a CAGR of +34.9%, recorded the highest rates of growth with regard to the value of imports, among 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 rivet import price stood at $X per ton in 2022, surging by 15% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal rivet import price increased by +64.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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