Northern America: Nails And Tacks Market 2025

Nails And Tacks Market Size in Northern America

The North American nails and tacks market rose markedly to $X in 2022, increasing by 11% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Nails And Tacks Production in Northern America

In value terms, nails and tacks production shrank to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +15.2% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 36% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Nails And Tacks Exports

Exports in Northern America

In 2022, overseas shipments of nails, tacks, drawing pins, corrugated nails, staples decreased by -17.8% to X tons, falling for the sixth consecutive year after two years of growth. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 12%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, nails and tacks exports reduced to $X in 2022. Over the period under review, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States represented the largest exporter of nails, tacks, drawing pins, corrugated nails, staples in Northern America, with the volume of exports amounting to X tons, which was near 89% of total exports in 2022. It was distantly followed by Canada (X tons), committing an 11% share of total exports.

Exports from the United States decreased at an average annual rate of -8.4% from 2012 to 2022. At the same time, Canada (+7.7%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +7.7% from 2012-2022. While the share of Canada (+8.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-8.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest nails and tacks supplier in Northern America, comprising 92% of total exports. The second position in the ranking was held by Canada ($X), with a 7.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled -3.5%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 18% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nails and tacks export price increased by +39.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%).

Nails And Tacks Imports

Imports in Northern America

In 2022, purchases abroad of nails, tacks, drawing pins, corrugated nails, staples increased by 0.8% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, nails and tacks imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 28%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X tons), committing an 8.4% share of total imports.

The United States was also the fastest-growing in terms of the nails, tacks, drawing pins, corrugated nails, staples imports, with a CAGR of +2.9% from 2012 to 2022. Canada (-2.5%) illustrated a downward trend over the same period. While the share of the United States (+5.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-5.2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported nails, tacks, drawing pins, corrugated nails, staples in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +1.2%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.5%).

Source: IndexBox Platform

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