India - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights

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Metal Self-Tapping Screw Price in India - 2023

Contents:

  1. Metal Self-Tapping Screw Price in India (CIF) - 2023
  2. Metal Self-Tapping Screw Price in India (FOB) - 2023
  3. Metal Self-Tapping Screw Imports in India
  4. Metal Self-Tapping Screw Exports in India

Metal Self-Tapping Screw Price in India (CIF) - 2023

In July 2023, the average metal self-tapping screw import price amounted to $1,619 per ton, reducing by -5.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 16% against the previous month. Over the period under review, average import prices hit record highs at $2,124 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($5,071 per ton), while the price for China ($940 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+15.6%), while the prices for the other major suppliers experienced a decline.

Metal Self-Tapping Screw Price in India (FOB) - 2023

In July 2023, the average metal self-tapping screw export price amounted to $5,020 per ton, increasing by 9.6% against the previous month. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in May 2023 when the average export price increased by 59% m-o-m. The export price peaked at $9,047 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Nepal ($21,650 per ton), while the average price for exports to Taiwan (Chinese) ($1,833 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Self-Tapping Screw Imports in India

Metal self-tapping screw imports into India skyrocketed to 33K tons in 2022, with an increase of 28% compared with 2021 figures. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, metal self-tapping screw imports soared to $66M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Metal Self-Tapping Screw in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.89.418.129.262.5%
Taiwan (Chinese)5.59.816.519.753.0%
Germany3.52.13.35.214.1%
South Korea3.73.64.44.78.3%
Japan1.81.01.71.91.8%
Others3.42.74.85.517.4%
Total24.628.748.866.339.2%

Top Suppliers of Metal Self-Tapping Screw to India in 2022:

  1. China (23.6K tons)
  2. Taiwan (Chinese) (7.0K tons)
  3. South Korea (1.3K tons)
  4. Germany (0.5K tons)
  5. Japan (0.3K tons)

Metal Self-Tapping Screw Exports in India

After three years of growth, shipments abroad of iron or steel self-tapping screws decreased by -26.7% to 824 tons in 2022. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports reached the peak of 1.1K tons, and then dropped dramatically in the following year.

In value terms, metal self-tapping screw exports contracted to $3.1M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of $3.4M, and then declined in the following year.

Export of Metal Self-Tapping Screw in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44239635282323.0%
Nepal22193.924934616.1%
United Arab Emirates11916519819016.9%
IrelandN/AN/AN/A1180%
SwitzerlandN/AN/AN/A1170%
Bhutan27.446.162.911661.8%
Bangladesh29.818.570.910652.6%
United States22937347967.0-33.6%
Netherlands12026378561.7-19.9%
CanadaN/AN/AN/A59.00%
SloveniaN/AN/A0.150.550400.0%
SpainN/A22.31.936.027.1%
United Kingdom2983834914.0-76.2%
Others7503627211,00610.3%
Total2,2362,1233,4113,09911.5%

Top Export Markets for Metal Self-Tapping Screw from India in 2022:

  1. Germany (177.4 tons)
  2. Nepal (160.7 tons)
  3. Bhutan (81.9 tons)
  4. United Arab Emirates (68.3 tons)
  5. Switzerland (35.1 tons)
  6. Netherlands (26.6 tons)
  7. Bangladesh (22.2 tons)
  8. Canada (20.8 tons)
  9. Ireland (19.0 tons)
  10. Spain (18.4 tons)
  11. Slovenia (18.2 tons)
  12. United States (14.1 tons)
  13. United Kingdom (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal self-tapping screw market in India. 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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