Ireland: Nail And Bolt Market 2025

Nail And Bolt Market Size in Ireland

The Irish nail and bolt market soared to $X in 2021, picking up by 16% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.7% against 2012 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nail And Bolt Production in Ireland

In value terms, nail and bolt production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 3.8% against the previous year. Nail and bolt production peaked at $X in 2020, and then declined in the following year.

Nail And Bolt Exports

Exports from Ireland

After two years of decline, shipments abroad of nails, tacks, staples, screws and bolts increased by 18% to X tons in 2021. The total export volume increased at an average annual rate of +2.8% 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, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, nail and bolt exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for nail and bolt exports from Ireland, accounting for a 43% share of total exports. Moreover, nail and bolt exports to the UK exceeded the volume sent to the second major destination, Germany (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.3% per year) and the Netherlands (+5.7% per year).

In value terms, the largest markets for nail and bolt exported from Ireland were Germany ($X), the UK ($X) and Austria ($X), with a combined 53% share of total exports. These countries were followed by the Netherlands, Spain, the United States, France, Switzerland, Denmark, Italy, the Czech Republic and Poland, which together accounted for a further 37%.

Among the main countries of destination, Switzerland, with a CAGR of +23.5%, 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

The average nail and bolt export price stood at $X per ton in 2021, growing by 8.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 United States (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Ireland

In 2021, nail and bolt imports into Ireland rose notably to X tons, surging by 13% against 2020 figures. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 22%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, nail and bolt imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.4% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of nail and bolt imports to Ireland, with a combined 55% share of total imports. These countries were followed by Germany, India, Lithuania, Belgium, Turkey, the Netherlands, Vietnam and the United States, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +32.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest nail and bolt suppliers to Ireland, together comprising 54% of total imports. These countries were followed by the United States, Germany, India, the Netherlands, Belgium, Lithuania, Vietnam and Turkey, which together accounted for a further 33%.

In terms of the main suppliers, Lithuania, with a CAGR of +34.4%, saw 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

The average nail and bolt import price stood at $X per ton in 2021, increasing by 4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 12%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Lithuania ($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 UK (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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