Global Nails And Tacks Market 2024

Nails And Tacks Market Size

The global nails and tacks market dropped modestly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Nails And Tacks Production

In value terms, nails and tacks production declined to $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Nails And Tacks Exports

Exports

Global nails and tacks exports reduced to X tons in 2022, which is down by X% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, nails and tacks exports rose notably to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

China dominates exports structure, recording X tons, which was near X% of total exports in 2022. Germany (X tons), Slovenia (X tons), the Netherlands (X tons), South Korea (X tons), Italy (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), Austria (X tons), India (X tons), the Czech Republic (X tons), the United States (X tons) and Malaysia (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of nails, tacks, drawing pins, corrugated nails, staples. At the same time, Thailand (X%), South Korea (X%), Malaysia (X%), Austria (X%), the Czech Republic (X%), Taiwan (Chinese) (X%) and Slovenia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, Germany (X%), the Netherlands (X%), Italy (X%) and the United States (X%) illustrated a downward trend over the same period. South Korea (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest nails and tacks supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average nails and tacks export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Nails And Tacks Imports

Imports

In 2022, overseas purchases of nails, tacks, drawing pins, corrugated nails, staples increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nails and tacks imports expanded remarkably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) represented the key importer of nails, tacks, drawing pins, corrugated nails, staples, committing X% of total imports. Mexico (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (X%) and Germany (X%). The following importers - the Netherlands (X tons), Poland (X tons), Italy (X tons), Canada (X tons), Russia (X tons), Thailand (X tons), Vietnam (X tons), France (X tons) and the UK (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to nails and tacks imports into the United States stood at X%. At the same time, Indonesia (X%), Italy (X%), Vietnam (X%), Russia (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Thailand and Poland experienced a relatively flat trend pattern. By contrast, France (X%), Mexico (X%), Canada (X%), Germany (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Mexico (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported nails, tacks, drawing pins, corrugated nails, staples worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the United States, nails and tacks imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average nails and tacks import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Indonesia ($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 (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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