Global Metal Rivet Market 2025

Metal Rivet Market Size

In 2022, the global metal rivet market increased by 3.6% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 5.5%. Over the period under review, the global market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Rivet Production

In value terms, metal rivet production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 5.6% against the previous year. Over the period under review, global production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Metal Rivet Exports

Exports

Global metal rivet exports contracted to X tons in 2022, falling by -5.9% against the previous year's figure. The total export volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, metal rivet exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China represented the key exporter of iron or steel rivets in the world, with the volume of exports recording X tons, which was approx. 32% of total exports in 2022. Germany (X tons) ranks second in terms of the total exports with a 16% share, followed by the United States (8.1%) and Taiwan (Chinese) (7.3%). The following exporters - Italy (X tons), South Korea (X tons), Switzerland (X tons), Japan (X tons), Slovenia (X tons), Austria (X tons), Turkey (X tons), the Czech Republic (X tons) and Canada (X tons) - together made up 23% of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal rivet exports from China stood at +2.9%. At the same time, Turkey (+9.5%), the Czech Republic (+7.8%), Italy (+6.0%), Switzerland (+4.4%), Canada (+3.7%), Austria (+3.1%), South Korea (+2.8%), Germany (+2.1%) and the United States (+1.8%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.5% from 2012-2022. Taiwan (Chinese) and Slovenia experienced a relatively flat trend pattern. By contrast, Japan (-2.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +2.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal rivet supplying countries worldwide were China ($X), Germany ($X) and the United States ($X), together accounting for 54% of global exports. Taiwan (Chinese), Japan, Switzerland, Italy, South Korea, Austria, Canada, Turkey, the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further 28%.

Among the main exporting countries, Italy, with a CAGR of +10.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal rivet export price amounted to $X per ton, surging by 2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 5.1% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the other global leaders experienced more modest paces of growth.

Metal Rivet Imports

Imports

Global metal rivet imports amounted to X tons in 2022, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, metal rivet imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Canada (X tons), Mexico (X tons), the United States (X tons) and Germany (X tons) represented roughly 46% of total imports in 2022. Spain (X tons), India (X tons), Poland (X tons), Singapore (X tons), China (X tons), Austria (X tons), the Philippines (X tons), the Czech Republic (X tons) and France (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +23.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 34% of global imports. China, France, Austria, Poland, India, Canada, the Czech Republic, Spain, the Philippines and Singapore lagged somewhat behind, together accounting for a further 33%.

The Philippines, with a CAGR of +18.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal rivet import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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