U.S.: Metal Rivet Market 2025

Metal Rivet Market Size in the U.S.

The U.S. metal rivet market dropped modestly to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 6%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Rivet Production in the U.S.

In value terms, metal rivet production fell modestly to $X in 2022. In general, production, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.3%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Metal Rivet Exports

Exports from the U.S.

In 2022, overseas shipments of iron or steel rivets increased by 3.7% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metal rivet exports skyrocketed to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Mexico (X tons) was the main destination for metal rivet exports from the United States, accounting for a 64% share of total exports. Moreover, metal rivet exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), fourfold. China (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico stood at +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.5% per year) and China (-6.0% per year).

In value terms, Mexico ($X) remains the key foreign market for iron or steel rivets exports from the United States, comprising 49% of total exports. The second position in the ranking was taken by Canada ($X), with a 13% share of total exports. It was followed by China, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.1% per year) and China (-3.2% per year).

Export Prices by Country

The average metal rivet export price stood at $X per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, recorded a slight reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced a decline.

Metal Rivet Imports

Imports into the U.S.

Metal rivet imports into the United States rose sharply to X tons in 2022, growing by 15% against 2021 figures. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal rivet imports surged to $X in 2022. The total import value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Canada (X tons) were the main suppliers of metal rivet imports to the United States, with a combined 78% share of total imports. Japan, Germany, South Korea and the UK lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal rivet suppliers to the United States were Taiwan (Chinese) ($X), China ($X) and Canada ($X), together comprising 63% of total imports. Germany, Japan, the UK and South Korea lagged somewhat behind, together comprising a further 26%.

Germany, with a CAGR of +13.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal rivet import price amounted to $X per ton, rising by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.3% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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