U.S. Bolt, Nut, Screw, Rivet, And Washer Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
Bolt Market - U.S. Bolt, Nut, Screw, Rivet, and Washer Imports Softened Their Growth, while China Expanded Rapidly to Attain the Leading Supplier Position
Photo: © Coprid / Bigstockphoto
The U.S. dominates in global imports on the bolt market, accounting for a X% share (based on USD). It was followed by China (X%) and Germany (X%). In 2015, U.S. bolt, nut, screw, rivet, and washer imports totaled X million USD, which was X million USD (X%) higher than the year before.
From 2007 to 2015, U.S. bolt, nut, screw, rivet, and washer imports showed mixed dynamics. A sharp plunge in 2009 was followed by steady growth over the next three years, until imports slightly decreased again. However, imports bounced back the following year and continued with a modest growth in 2015.
In 2011, U.S. bolt, nut, screw, rivet, and washer imports overcame the pre-recession level of 2008. Over the recent four years, imports remained sufficiently above their outset level.
China was the key supplier of bolts, nuts, screws, rivets, and washers into the U.S., with a X% share of total U.S. imports in 2015, based on USD. It was distantly followed by Japan (X%) and Germany (X%). China was the fastest growing supplier (+X% per year) from 2007 to 2015, while other major suppliers displayed only modest paces of growth. As a result, China strengthened its position in the U.S. import structure by +X percentage points from 2007 to 2015, while Japan and Germany saw their shares reduced over the same period.
From 2007 to 2015, the U.S. was a net importer of bolts, nuts, screws, rivets, and washers. However, exports grew faster than imports on average over the period under review.
Net US imports of bolts, nuts, screws, rivets, and washers showed notable fluctuations over the period under review, with an overall downward trend. In 2015, this resulted into a significant trade deficit of X million USD.
Do you want to know more about the U.S. bolt market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- bolt market share
- bolt prices
- bolt industry
- bolt sales
- bolt market forecast
- bolt price forecast
- key bolt producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for bolt, nut, screw and washer in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Animal Feed Market - Global Outlook & Insights
Join our live webinar to get insights into the global animal feed market.
Thursday, February 11th, 2021 @ 10:00 am ET