Switzerland: Nail And Bolt Market 2024

Nail And Bolt Market Size in Switzerland

In 2021, the Swiss nail and bolt market increased by 29% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Nail And Bolt Production in Switzerland

In value terms, nail and bolt production expanded sharply to $X in 2021 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -20.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 64% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Nail And Bolt Exports

Exports from Switzerland

After three years of decline, overseas shipments of nails, tacks, staples, screws and bolts increased by 12% to X tons in 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, nail and bolt exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for nail and bolt exports from Switzerland, accounting for a 32% share of total exports. Moreover, nail and bolt exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), threefold. Italy (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+2.8% per year) and Italy (-3.4% per year).

In value terms, Germany ($X) remains the key foreign market for nails, tacks, staples, screws and bolts exports from Switzerland, comprising 28% of total exports. The second position in the ranking was held by the United States ($X), with a 10% share of total exports. It was followed by Austria, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.8% per year) and Austria (+2.1% per year).

Export Prices by Country

The average nail and bolt export price stood at $X per ton in 2021, rising by 6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 6.6% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Mexico ($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 China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Switzerland

In 2021, overseas purchases of nails, tacks, staples, screws and bolts increased by 178% to X tons, rising for the second consecutive year after five years of decline. In general, imports enjoyed a modest increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt imports surged to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest nail and bolt supplier to Switzerland, with a 36% share of total imports. Moreover, nail and bolt imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.1% per year) and Taiwan (Chinese) (+1.1% per year).

In value terms, Germany ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Switzerland, comprising 46% of total imports. The second position in the ranking was held by China ($X), with a 9.8% share of total imports. It was followed by Taiwan (Chinese), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.9% per year) and Taiwan (Chinese) (+4.8% per year).

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2021, reducing by -55.9% against the previous year. Overall, the import price, however, enjoyed a slight expansion. The growth pace was the most rapid in 2016 when the average import price increased by 82%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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