China - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in China - 2023
Contents:
- Metal Rivet Price in China (FOB) - 2023
- Metal Rivet Price in China (CIF) - 2023
- Metal Rivet Exports in China
- Metal Rivet Imports in China
Metal Rivet Price in China (FOB) - 2023
The average metal rivet export price stood at $3,919 per ton in June 2023, leveling off at the previous month. In general, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in November 2022 an increase of 12% against the previous month. As a result, the export price attained the peak level of $5,319 per ton. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Turkey ($5,783 per ton), while the average price for exports to the Philippines ($1,996 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Rivet Price in China (CIF) - 2023
The average metal rivet import price stood at $15,128 per ton in June 2023, which is down by -17.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 22% against the previous month. Over the period under review, average import prices attained the maximum at $18,274 per ton in May 2023, and then fell notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($117K per ton), while the price for South Korea ($5,316 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Rivet Exports in China
In 2022, after three years of growth, there was decline in overseas shipments of iron or steel rivets, when their volume decreased by -3.1% to 36K tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 51%.
In value terms, metal rivet exports totaled $163M in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 60%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Metal Rivet in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.2 | 12.7 | 18.3 | 25.1 | 39.7% |
| Vietnam | 4.7 | 11.4 | 13.2 | 15.8 | 49.8% |
| Philippines | 2.4 | 6.7 | 12.2 | 11.3 | 67.6% |
| India | 2.3 | 2.2 | 4.4 | 5.6 | 34.5% |
| Russia | 2.1 | 3.1 | 4.6 | 4.8 | 31.7% |
| Mexico | 3.0 | 3.1 | 6.8 | 4.7 | 16.1% |
| Brazil | 0.8 | 1.5 | 3.8 | 4.5 | 77.8% |
| Netherlands | 0.4 | 2.3 | 6.2 | 4.5 | 124.1% |
| Saudi Arabia | 3.8 | 3.2 | 3.0 | 3.9 | 0.9% |
| Germany | 3.0 | 2.9 | 4.8 | 3.9 | 9.1% |
| Spain | 1.0 | 1.7 | 3.1 | 3.2 | 47.4% |
| Myanmar | 0.3 | 2.2 | 1.5 | 3.0 | 115.4% |
| Poland | 0.3 | 1.2 | 3.4 | 2.0 | 88.2% |
| Others | 30.2 | 43.0 | 70.2 | 70.3 | 32.5% |
| Total | 63.6 | 97.1 | 155 | 163 | 36.8% |
Top Export Markets for Metal Rivet from China in 2022:
- United States (6.0K tons)
- Philippines (3.1K tons)
- Vietnam (2.5K tons)
- Russia (1.4K tons)
- Brazil (1.3K tons)
- Netherlands (1.3K tons)
- India (1.2K tons)
- Saudi Arabia (0.8K tons)
- Spain (0.8K tons)
- Myanmar (0.7K tons)
- Mexico (0.7K tons)
- Germany (0.7K tons)
- Poland (0.7K tons)
Metal Rivet Imports in China
Metal rivet imports into China dropped to 4K tons in 2022, reducing by -13% on the previous year. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 3.3%.
In value terms, metal rivet imports fell remarkably to $62M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of $74M, and then fell sharply in the following year.
| Import of Metal Rivet in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.0 | 18.7 | 20.9 | 16.2 | -3.5% |
| Japan | 16.2 | 16.2 | 18.2 | 15.1 | -2.3% |
| United States | 10.2 | 7.0 | 8.1 | 9.7 | -1.7% |
| United Kingdom | 2.4 | 3.7 | 7.4 | 6.2 | 37.2% |
| South Korea | 3.4 | 2.6 | 2.3 | 2.4 | -11.0% |
| Spain | 1.5 | 1.4 | 1.6 | 1.6 | 2.2% |
| Austria | 0.1 | 0.1 | 0.9 | 1.5 | 146.6% |
| Taiwan (Chinese) | 4.1 | N/A | N/A | N/A | 0% |
| Others | 6.0 | 13.0 | 14.4 | 9.6 | 17.0% |
| Total | 61.9 | 62.8 | 73.8 | 62.4 | 0.3% |
Top Suppliers of Metal Rivet to China in 2022:
- Japan (1194.9 tons)
- Germany (874.9 tons)
- South Korea (414.7 tons)
- United Kingdom (244.5 tons)
- Spain (233.9 tons)
- Austria (159.7 tons)
- United States (147.3 tons)
This report provides an in-depth analysis of the metal rivet market in China. 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 2030.
Product coverage:
- Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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