Metal Self-locking Nut Market

Metal self-locking nut market: find recently published information provided by an Ai-driven business intelligence platform. Statistics cover production, companies, imports, trade, market prices, market size, consumption, and exports. There is a split by country, including the U.S., the Middle East, Latin America, the U.K., China, Africa, Russia, and EU. Market insights and forecast to 2030 are also provided in the dashboards.

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Metal Self-locking Nut - World's Largest Markets

In value terms, China, the United States and Japan constituted the countries with the highest levels of market value in 2020, with a combined 36% share of the global market. These countries were followed by India, Mexico, Brazil, Germany, Canada, Thailand, Turkey, South Korea, Italy and Russia, which together accounted for a further 32%.

In terms of the main consuming countries, Mexico recorded the highest growth rate of market size, over the period under review, while metal self-locking nut market for the other global leaders experienced more modest paces of growth.

Metal Self-Locking Nut Prices

Metal Self-Locking Nut - Top Importers

In value terms, the largest metal self-locking nut importing markets worldwide were the United States ($1B), Germany ($527M) and China ($497M), with a combined 35% share of global imports. Mexico, Canada, France, the Netherlands, Poland, South Korea, Italy, Russia, Spain and Vietnam lagged somewhat behind, together comprising a further 30%.

In terms of the main importing countries, Vietnam recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Metal Self-Locking Nut - Top Exporters

In value terms, the largest metal self-locking nut supplying countries worldwide were China ($1.3B), Germany ($821M) and Taiwan (Chinese) ($733M), with a combined 49% share of global exports. These countries were followed by Japan, the United States, France, Italy, South Korea and the Netherlands, which together accounted for a further 33%.

Among the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Metal Self-Locking Nut - Market Forecast

Driven by rising demand for metal self-locking nut worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Metal Self-locking Nut - Product Coverage

• HS 731816 - Iron or steel; threaded nuts