Metal Self-tapping Screw Market

Metal self-tapping screw market: get access to new statistics empowered by an Ai-driven market intelligence platform. Statistics contain trade, market size, market prices, companies, production, exports, consumption, and imports. There is a breakdown by region, including EU, the U.K., Africa, China, Russia, the Middle East, Latin America, and the U.S. Market dynamics and outlook to 2030 are also provided in the reports.

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Metal Self-tapping Screw - World's Largest Markets

In value terms, the largest metal self-tapping screw markets worldwide were the United States, China and Japan, together comprising 45% of the global market.

Among the main consuming countries, the United States saw the highest growth rate of market size, over the period under review, while metal self-tapping screw market for the other global leaders experienced more modest paces of growth.

Metal Self-Tapping Screw Prices

Metal Self-Tapping Screw - Top Importers

In value terms, the United States ($1.1B) constitutes the largest market for imported iron or steel self-tapping screws worldwide, comprising 29% of global imports. The second position in the ranking was occupied by Germany ($390M), with a 11% share of global imports. It was followed by Russia, with a 4.4% share.

In the United States, metal self-tapping screw imports increased at an average annual rate of +61.3% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Russia (-5.3% per year).

Metal Self-Tapping Screw - Top Exporters

In value terms, Taiwan (Chinese) ($1.5B) emerged as the largest metal self-tapping screw supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by China ($733M), with a 18% share of global exports. It was followed by Germany, with a 16% share.

In Taiwan (Chinese), metal self-tapping screw exports increased at an average annual rate of +63.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+11.3% per year) and Germany (+5.2% per year).

Metal Self-Tapping Screw - Market Forecast

Driven by increasing demand for metal self-tapping screw worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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-tapping Screw - Product Coverage

• HS 731814 - Iron or steel; threaded self-tapping screws