Latin America and the Caribbean: Nail And Bolt Market 2025

Nail And Bolt Market Size in Latin America and the Caribbean

In 2021, the Latin American nail and bolt market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nail And Bolt Production in Latin America and the Caribbean

In value terms, nail and bolt production reached $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 11% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Nail And Bolt Exports

Exports in Latin America and the Caribbean

In 2021, the amount of nails, tacks, staples, screws and bolts exported in Latin America and the Caribbean soared to X tons, picking up by 19% against the previous year's figure. The total export volume increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 22%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, nail and bolt exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico was the major exporter of nails, tacks, staples, screws and bolts in Latin America and the Caribbean, with the volume of exports recording X tons, which was approx. 56% of total exports in 2021. It was distantly followed by Brazil (X tons), mixing up a 23% share of total exports. The following exporters - Colombia (X tons), Guatemala (X tons) and Peru (X tons) - each reached a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to nail and bolt exports from Mexico stood at +8.3%. At the same time, Guatemala (+32.7%), Brazil (+4.7%), Peru (+4.6%) and Colombia (+1.3%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +32.7% from 2012-2021. From 2012 to 2021, the share of Mexico and Guatemala increased by +14 and +3.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest nail and bolt supplier in Latin America and the Caribbean, comprising 60% of total exports. The second position in the ranking was taken by Brazil ($X), with a 26% share of total exports. It was followed by Colombia, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Mexico amounted to +7.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+0.5% per year) and Colombia (+0.1% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price showed a slight reduction. The pace of growth was the most pronounced in 2019 when the export price increased by 11% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (-0.0%), while the other leaders experienced a decline in the export price figures.

Nail And Bolt Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of nails, tacks, staples, screws and bolts were finally on the rise to reach X tons after six years of decline. In general, imports, however, continue to indicate a noticeable decline. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, nail and bolt imports soared to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Mexico (X tons) and Brazil (X tons) represented the largest importers of nails, tacks, staples, screws and bolts in Latin America and the Caribbean, together mixing up 51% of total imports. Chile (X tons) ranks next in terms of the total imports with an 11% share, followed by Argentina (6%), Colombia (6%) and Peru (5.9%). The following importers - the Dominican Republic (X tons), Bolivia (X tons), Costa Rica (X tons), Ecuador (X tons) and Guatemala (X tons) - each recorded a 10% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +13.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in Latin America and the Caribbean, comprising 60% of total imports. The second position in the ranking was taken by Brazil ($X), with an 18% share of total imports. It was followed by Chile, with a 4.6% share.

In Mexico, nail and bolt imports increased at an average annual rate of +4.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+1.3% per year) and Chile (+6.0% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2017 when the import price increased by 17% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+19.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :