Global Stainless Steel Nut Market 2020

Stainless Steel Nut Market Size

The global stainless steel nut market revenue amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Global stainless steel nut consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Stainless Steel Nut Production

In 2017, the amount of stainless steel nuts produced worldwide stood at X tons, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the output figure increased by X% y-o-y. Global stainless steel nut production peaked in 2017, and is likely to continue its growth in the immediate term.

Stainless Steel Nut Exports

In 2017, the amount of stainless steel nuts exported worldwide totaled X tons, growing by X% against the previous year. In general, the total exports indicated a perceptible growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut exports decreased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Global exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, stainless steel nut exports stood at $X in 2017. Overall, the total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut exports decreased by +X% against 2014 indices. Over the period under review, the global stainless steel nut exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Stainless Steel Nut Exports by Country

In 2017, China (X tons), distantly followed by Taiwan, Chinese (X tons), India (X tons), the U.S. (X tons), Germany (X tons) and Japan (X tons) were the key exporters of stainless steel nuts, together achieving X% of total exports. South Korea (X tons) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Taiwan, Chinese ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of global exports. Germany, Japan, India and South Korea lagged somewhat behind, together accounting for a further X%.

India (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Stainless Steel Nut Export Prices by Country

The average stainless steel nut export price stood at $X per ton in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the average export prices for stainless steel nuts attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other global leaders experienced more modest paces of growth.

Stainless Steel Nut Imports

In 2017, the amount of stainless steel nuts imported worldwide amounted to X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the global stainless steel nut imports attained its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, stainless steel nut imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the global stainless steel nut imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Stainless Steel Nut Imports by Country

In 2017, the U.S. (X tons), distantly followed by Germany (X tons), China (X tons), Mexico (X tons) and Canada (X tons) were the largest importers of stainless steel nuts, together comprising X% of total imports. The following importers - Iran (X tons), Italy (X tons), South Korea (X tons), the UK (X tons), Russia (X tons), France (X tons) and Poland (X tons) together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of stainless steel nuts imports. At the same time, Iran (+X%), China (+X%), Mexico (+X%), Poland (+X%), South Korea (+X%), Germany (+X%), Russia (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France experienced a relatively flat trend pattern. By contrast, the UK (-X%) illustrated a downward trend over the same period. Germany (-X%), Iran (-X%), Mexico (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), China ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of global imports. Mexico, Canada, France, the UK, Italy, South Korea, Poland, Russia and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Iran (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Stainless Steel Nut Import Prices by Country

The average stainless steel nut import price stood at $X per ton in 2017, remaining stable against the previous year. In general, stainless steel nut import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the average import prices increased by X% y-o-y. Global import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform