India: Nail And Bolt Market 2025

Nail And Bolt Market Size in India

The Indian nail and bolt market dropped to $X in 2021, shrinking by -8.8% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.5% against 2019 indices. Nail and bolt consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Nail And Bolt Production in India

In value terms, nail and bolt production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 72%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Nail And Bolt Exports

Exports from India

In 2021, shipments abroad of nails, tacks, staples, screws and bolts was finally on the rise to reach 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 +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt exports surged to $X in 2021. Over the period under review, total exports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for nail and bolt exports from India, with a 30% share of total exports. Moreover, nail and bolt exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+1.7% per year) and the Netherlands (+29.4% per year).

In value terms, the United States ($X) remains the key foreign market for nails, tacks, staples, screws and bolts exports from India, comprising 27% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.6% per year) and the Netherlands (+32.2% per year).

Export Prices by Country

The average nail and bolt export price stood at $X per ton in 2021, with an increase of 4.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 19%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Nepal ($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 the Netherlands (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into India

In 2021, nail and bolt imports into India surged to X tons, increasing by 48% against the year before. In general, imports enjoyed prominent growth. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, nail and bolt imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.9% 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 in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of nail and bolt to India, with a 37% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+12.7% per year) and Japan (-0.3% per year).

In value terms, China ($X), South Korea ($X) and Germany ($X) appeared to be the largest nail and bolt suppliers to India, with a combined 48% share of total imports. Japan, the United States, Thailand, Singapore, Taiwan (Chinese), Italy, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 40%.

Singapore, with a CAGR of +17.0%, saw 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 nail and bolt import price stood at $X per ton in 2021, falling by -3.8% against the previous year. Overall, the import price showed a noticeable reduction. The pace of growth was the most pronounced in 2013 an increase of 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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