United Arab Emirates: Nail And Bolt Market 2025

Nail And Bolt Market Size in the United Arab Emirates

In 2021, the nail and bolt market in the United Arab Emirates decreased by -4.4% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed a perceptible increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Nail And Bolt Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of nails, tacks, staples, screws and bolts increased by 7.3% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 when exports increased by 21% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, nail and bolt exports rose significantly to $X in 2021. In general, exports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 when exports increased by 15%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for nail and bolt exports from the United Arab Emirates, with a 44% share of total exports. Moreover, nail and bolt exports to the United States exceeded the volume sent to the second major destination, Oman (X tons), twofold. The third position in this ranking was taken by Saudi Arabia (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-0.8% per year) and Saudi Arabia (+10.0% per year).

In value terms, the United States ($X), Oman ($X) and Saudi Arabia ($X) constituted the largest markets for nail and bolt exported from the United Arab Emirates worldwide, with a combined 67% share of total exports. These countries were followed by India and Morocco, which together accounted for a further 7.7%.

Among the main countries of destination, Morocco, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nail and bolt export price stood at $X per ton in 2021, shrinking by -2.1% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nail and bolt export price decreased by -13.1% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 35%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the United States ($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 Oman (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of nails, tacks, staples, screws and bolts decreased by -0.9% to X tons, falling for the seventh year in a row after three years of growth. Over the period under review, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, nail and bolt imports amounted to $X in 2021. In general, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.0% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by 37% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of nail and bolt to the United Arab Emirates, with a 61% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.1% per year) and Taiwan (Chinese) (+1.3% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to the United Arab Emirates, comprising 46% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports. It was followed by Germany, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.7% per year) and Germany (+3.0% per year).

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2021, picking up by 1.8% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nail and bolt import price increased by +54.4% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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