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Report Iran - Iron or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Iran - Iron or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Metal Self-Locking Nut Market 2025

Metal Self-Locking Nut Market Size in Iran

In 2021, after two years of growth, there was decline in the Iranian metal self-locking nut market, when its value decreased by -3.2% to $X. Overall, consumption recorded a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Metal Self-Locking Nut Exports

Exports from Iran

Metal self-locking nut exports from Iran shrank sharply to X tons in 2021, with a decrease of -30.5% compared with 2020. Overall, exports faced a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by 54%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal self-locking nut exports soared to $X in 2021. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 58%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Germany (X tons) and Azerbaijan (X tons) were the main destinations of metal self-locking nut exports from Iran, with a combined 58% share of total exports. Poland, Armenia, Sri Lanka and Estonia lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +2,910.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for iron or steel nuts (including self-locking nuts) exports from Iran, comprising 39% of total exports. The second position in the ranking was held by Germany ($X), with a 17% share of total exports. It was followed by Poland, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +62.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.6% per year) and Poland (+147.4% per year).

Export Prices by Country

In 2021, the average metal self-locking nut export price amounted to $X per ton, picking up by 122% against the previous year. In general, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Azerbaijan ($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 Turkey (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Self-Locking Nut Imports

Imports into Iran

After two years of growth, purchases abroad of iron or steel nuts (including self-locking nuts) decreased by -25.7% to X tons in 2021. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 121% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, metal self-locking nut imports surged to $X in 2021. Overall, imports recorded a perceptible decline. The pace of growth was the most pronounced in 2014 with an increase of 204%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of metal self-locking nut to Iran, accounting for a 96% share of total imports. It was followed by Turkey (X tons), with a 1.9% share of total imports. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 1.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-9.8% per year) and Taiwan (Chinese) (-29.7% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel nuts (including self-locking nuts) to Iran, comprising 88% of total imports. The second position in the ranking was taken by Turkey ($X), with a 3.1% share of total imports. It was followed by Taiwan (Chinese), with a 1.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.8% per year) and Taiwan (Chinese) (-24.1% per year).

Import Prices by Country

In 2021, the average metal self-locking nut import price amounted to $X per ton, surging by 57% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 87%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($X per ton), while the price for China ($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 Arab Emirates (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Canada, the United States and China, together accounting for 39% of global consumption. India, Brazil, Germany, Japan, Spain, Italy, Mexico, South Korea, Turkey and Russia lagged somewhat behind, together comprising a further 36%.
The country with the largest volume of metal self-locking nut production was China, comprising approx. 49% of total volume. Moreover, metal self-locking nut production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), fivefold. India ranked third in terms of total production with a 10% share.
In value terms, Turkey constituted the largest supplier of metal self-locking nut to Iran, comprising 51% of total imports. The second position in the ranking was occupied by Italy, with a 21% share of total imports. It was followed by Germany, with a 20% share.
In value terms, Turkey emerged as the key foreign market for metal self-locking nut exports from Iran, comprising 44% of total exports. The second position in the ranking was occupied by Germany, with a 19% share of total exports. It was followed by Poland, with a 16% share.
In 2021, the average metal self-locking nut export price amounted to $3,035 per ton, with an increase of 28% against the previous year.
In 2021, the average metal self-locking nut import price amounted to $4,858 per ton, with an increase of 137% against the previous year.

This report provides an in-depth analysis of the metal self-locking nut market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)

Country coverage:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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