Israel: Metal Self-Locking Nut Market 2025

Metal Self-Locking Nut Market Size in Israel

The Israeli metal self-locking nut market expanded notably to $X in 2021, picking up by 8.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Metal Self-Locking Nut Exports

Exports from Israel

In 2021, shipments abroad of iron or steel nuts (including self-locking nuts) decreased by -32.1% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 725%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal self-locking nut exports shrank significantly to $X in 2021. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 642%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for metal self-locking nut exports from Israel, with a 49% share of total exports. Moreover, metal self-locking nut exports to the United States exceeded the volume sent to the second major destination, Singapore (X tons), fourfold. The third position in this ranking was held by South Korea (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +109.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+29.3% per year) and South Korea (+84.1% per year).

In value terms, the United States ($X) remains the key foreign market for iron or steel nuts (including self-locking nuts) exports from Israel, comprising 49% of total exports. The second position in the ranking was taken by Singapore ($X), with a 12% share of total exports. It was followed by South Korea, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +111.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+30.4% per year) and South Korea (+85.8% per year).

Export Prices by Country

In 2021, the average metal self-locking nut export price amounted to $X per ton, standing approx. at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and Japan ($X per ton), while the average price for exports to Singapore ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Self-Locking Nut Imports

Imports into Israel

In 2021, overseas purchases of iron or steel nuts (including self-locking nuts) decreased by -4.6% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 41% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, metal self-locking nut imports rose to $X in 2021. In general, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.0% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 24% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of metal self-locking nut imports to Israel, with a combined 78% share of total imports. Taiwan (Chinese), Italy, India, Turkey and France lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +39.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) appeared to be the largest metal self-locking nut suppliers to Israel, together comprising 78% of total imports. These countries were followed by Taiwan (Chinese), Italy, India, Turkey and France, which together accounted for a further 12%.

India, with a CAGR of +39.1%, 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

In 2021, the average metal self-locking nut import price amounted to $X per ton, picking up by 9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 9.9%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from France ($X per ton) and India ($X per ton), while the price for Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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