Israel: Nail And Bolt Market 2024

Nail And Bolt Market Size in Israel

The Israeli nail and bolt market surged to $X in 2021, increasing by 16% 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). In general, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 +75.3% against 2014 indices. Nail and bolt consumption peaked in 2021 and is expected to retain growth in the immediate term.

Nail And Bolt Exports

Exports from Israel

Nail and bolt exports from Israel soared to X tons in 2021, jumping by 18% on the previous year. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 75%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, nail and bolt exports skyrocketed to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.3% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 53%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), the United States (X tons) and Belgium (X tons) were the main destinations of nail and bolt exports from Israel, with a combined 52% share of total exports. Singapore, India, South Korea, the UK, Japan, China, Italy and Vietnam lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +126.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nail and bolt exported from Israel were Germany ($X), the United States ($X) and Belgium ($X), with a combined 50% share of total exports. These countries were followed by Singapore, India, the UK, South Korea, Japan, China, Italy and Vietnam, which together accounted for a further 39%.

In terms of the main countries of destination, South Korea, with a CAGR of +114.2%, recorded 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 2021, the average nail and bolt export price amounted to $X per ton, declining by -2.1% 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 2018 an increase of 17%. The export price peaked at $X per ton in 2020, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Vietnam ($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 UK (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Israel

In 2021, imports of nails, tacks, staples, screws and bolts into Israel was estimated at X tons, surging by 8.9% on the year before. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% 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 -5.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 22% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, nail and bolt imports surged to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.1% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of nail and bolt imports to Israel, together accounting for 65% of total imports. These countries were followed by Taiwan (Chinese), Germany, Italy, Switzerland, France, Hong Kong SAR, the Netherlands, India, the UK and Romania, which together accounted for a further 28%.

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 +24.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nail and bolt suppliers to Israel were China ($X), the United States ($X) and Taiwan (Chinese) ($X), together comprising 66% of total imports. These countries were followed by Germany, Turkey, Italy, India, Hong Kong SAR, Switzerland, the UK, France, the Netherlands and Romania, which together accounted for a further 26%.

Among the main suppliers, India, with a CAGR of +22.5%, recorded 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

In 2021, the average nail and bolt import price amounted to $X per ton, picking up by 7.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 9.7% against the previous year. 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 India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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