Southern Asia: Nail And Bolt Market 2025

Nail And Bolt Market Size in Southern Asia

In 2021, the South Asian nail and bolt market decreased by -4.6% to $X, falling for the second year in a row after five years of growth. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.4% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Nail And Bolt Production in Southern Asia

In value terms, nail and bolt production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 68%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2021.

Nail And Bolt Exports

Exports in Southern Asia

In 2021, approx. X tons of nails, tacks, staples, screws and bolts were exported in Southern Asia; growing by 46% compared with the year before. The total export volume increased at an average annual rate of +5.0% 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.

In value terms, nail and bolt exports skyrocketed to $X in 2021. Total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, amounting to X tons, which was near 91% of total exports in 2021. It was distantly followed by Sri Lanka (X tons), committing an 8.9% share of total exports.

Exports from India increased at an average annual rate of +4.2% from 2012 to 2021. At the same time, Sri Lanka (+22.5%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +22.5% from 2012-2021. Sri Lanka (+6.7 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -6.7% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest nail and bolt supplier in Southern Asia, comprising 95% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +3.8%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, growing by 5.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 19% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+1.3%).

Nail And Bolt Imports

Imports in Southern Asia

Nail and bolt imports skyrocketed to X tons in 2021, picking up by 44% compared with the year before. Overall, imports continue to indicate a remarkable increase. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, nail and bolt imports soared to $X in 2021. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

India prevails in imports structure, reaching X tons, which was near 78% of total imports in 2021. It was distantly followed by Bangladesh (X tons), Sri Lanka (X tons) and Pakistan (X tons), together creating a 17% share of total imports. Nepal (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, Bangladesh (+16.9%), Nepal (+10.2%), Pakistan (+3.9%) and Sri Lanka (+3.6%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +16.9% from 2012-2021. While the share of Bangladesh (+4.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of India (-3.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in Southern Asia, comprising 82% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 7.9% share of total imports. It was followed by Sri Lanka, with a 4.2% share.

In India, nail and bolt imports expanded at an average annual rate of +1.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (+20.8% per year) and Sri Lanka (+5.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, leveling off at the previous year. In general, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2013 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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