IndexBox has simply revealed a brand new report: ‘EU – Nails, Tacks, Staples, Screws And Bolts – Market Evaluation, Forecast, Dimension, Developments and Insights’. Here’s a abstract of the report’s key findings.
The EU nail and fastener market fell barely to $16.5B in 2019, roughly equating the earlier 12 months. This determine displays the entire revenues of producers and importers (excluding logistics prices, retail advertising and marketing prices, and retailers’ margins, which might be included within the closing client worth). The market worth elevated at a median annual price of +1.5% over the interval from 2013 to 2019; the pattern sample remained comparatively secure, with solely minor fluctuations being recorded all through the analyzed interval.
Consumption y Nation
The nations with the very best volumes of nail and fastener consumption in 2019 had been Italy (921K tonnes), Germany (914K tonnes) and the UK (376K tonnes), with a mixed 49% share of whole consumption.
From 2013 to 2019, the largest will increase had been in Italy, whereas nail and fastener consumption for the opposite leaders skilled extra modest paces of progress.
In worth phrases, Germany ($3.9B), Italy ($2B) and France ($1.7B) had been the nations with the very best ranges of market worth in 2019, with a mixed 46% share of the entire market. These nations had been adopted by the UK, Poland, Spain, Romania, Austria, Hungary, Slovakia, Sweden and Belgium, which collectively accounted for an extra 42%.
The nations with the very best ranges of nail and fastener per capita consumption in 2019 had been Slovakia (28 kg per individual), Italy (15 kg per individual) and Belgium (13 kg per individual).
Manufacturing within the EU
In 2019, approx. 2.9M tonnes of nails, tacks, staples, screws and bolts had been produced within the European Union; rising by 2.9% in contrast with the 12 months earlier than. The full output quantity elevated at a median annual price of +2.5% from 2013 to 2019; the pattern sample remained constant, with solely minor fluctuations being recorded all through the analyzed interval. The tempo of progress appeared essentially the most fast in 2016 with a rise of 5.4% year-to-year.
Manufacturing by Nation
The nations with the very best volumes of nail and fastener manufacturing in 2019 had been Italy (1.1M tonnes), Germany (841K tonnes) and Poland (311K tonnes), with a mixed 77% share of whole manufacturing.
From 2013 to 2019, the largest will increase had been in Italy, whereas nail and bolt manufacturing for the opposite leaders skilled extra modest paces of progress.
Imports within the EU
For the fourth consecutive 12 months, the European Union recorded constant progress in abroad purchases of nails, tacks, staples, screws and bolts, which elevated by 0.2% to 4.5M tonnes in 2019. Over the interval beneath assessment, imports attained the height determine in 2019 and are anticipated to retain progress in years to come back. In worth phrases, nail and bolt imports fell to $17.8B (IndexBox estimates) in 2019.
Imports by Nation
In 2019, Germany (1M tonnes), distantly adopted by France (404K tonnes), the UK (391K tonnes), Spain (320K tonnes), Italy (289K tonnes), Belgium (263K tonnes), the Czech Republic (260K tonnes), the Netherlands (259K tonnes) and Slovakia (208K tonnes) represented the most important importers of nails, tacks, staples, screws and bolts, collectively creating 76% of whole imports. The next importers – Austria (180K tonnes), Poland (156K tonnes) and Sweden (137K tonnes) – collectively made up 11% of whole imports.
Imports in Germany elevated at a median annual price of +3.9% from 2013 to 2019. On the identical time, Spain (+10.2%), Slovakia (+9.0%), the Czech Republic (+6.9%), Italy (+6.3%), Belgium (+5.2%), Sweden (+4.5%), Austria (+3.6%), France (+2.9%), the UK (+2.7%) and the Netherlands (+1.4%) displayed optimistic paces of progress. Furthermore, Spain emerged because the fastest-growing importer imported within the European Union, with a CAGR of +10.2% from 2013-2019.
In worth phrases, Germany ($4.4B) constitutes the most important marketplace for imported nails, tacks, staples, screws and bolts within the European Union, comprising 25% of whole imports. The second place within the rating was occupied by France ($1.9B), with a 11% share of whole imports. It was adopted by the UK, with a 8.6% share.
Import Costs by Nation
The nail and bolt import worth within the European Union stood at $3,960 per tonne in 2019, lowering by -6.7% towards the earlier 12 months. Over the interval beneath assessment, the import worth recorded a noticeable descent. Probably the most outstanding price of progress was recorded in 2018 a rise of 5.4% year-to-year. Over the interval beneath assessment, import costs attained the utmost at $4,518 per tonne in 2013; nevertheless, from 2014 to 2019, import costs didn’t regain the momentum.
Costs assorted noticeably by the nation of vacation spot; the nation with the very best worth was Austria ($5,177 per tonne), whereas Belgium ($2,586 per tonne) was amongst the bottom.
From 2013 to 2019, essentially the most notable price of progress when it comes to costs was attained by the Netherlands, whereas the opposite leaders skilled a decline within the import worth figures.
Supply: IndexBox AI Platform