Sri Lanka - Nails, Tacks, Staples, Screws And Bolts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNail and Bolt Price in Sri Lanka - 2021
Contents:
- Nail and Bolt Price in Sri Lanka (FOB) - 2022
- Nail and Bolt Price in Sri Lanka (CIF) - 2022
- Nail and Bolt Exports in Sri Lanka
- Nail and Bolt Imports in Sri Lanka
Nail and Bolt Price in Sri Lanka (FOB) - 2022
The average nail and bolt export price stood at $2,031 per ton in 2022, growing by 75% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($5,558 per ton), while the average price for exports to the United States amounted to $1,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+20.5%).
Nail and Bolt Price in Sri Lanka (CIF) - 2022
The average nail and bolt import price stood at $3,206 per ton in 2022, rising by 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2019 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($11,743 per ton), while the price for China ($1,663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Nail and Bolt Exports in Sri Lanka
After three years of growth, overseas shipments of nails, tacks, staples, screws and bolts decreased by -6.7% to 32K tons in 2022. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year.
In value terms, nail and bolt exports skyrocketed to $65M in 2022. In general, exports, however, saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nail and Bolt in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.5 | 34.5 | 39.0 | 51.8 | 16.8% |
| Others | 1.2 | 2.5 | 0.9 | 13.4 | 123.5% |
| Total | 33.8 | 37.0 | 40.0 | 65.2 | 24.5% |
Top Export Markets for Nail and Bolt from Sri Lanka in 2022:
- United States (30.6K tons)
Nail and Bolt Imports in Sri Lanka
In 2022, nail and bolt imports into Sri Lanka shrank notably to 12K tons, waning by -27.7% against the previous year's figure. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of 16K tons, and then shrank significantly in the following year.
In value terms, nail and bolt imports fell remarkably to $37M in 2022. Over the period under review, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $47M, and then dropped significantly in the following year.
| Import of Nail and Bolt in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.5 | 12.9 | 19.7 | 14.2 | -4.9% |
| Spain | 3.8 | 3.4 | 4.6 | 5.5 | 13.1% |
| India | 4.3 | 3.7 | 7.2 | 4.2 | -0.8% |
| Taiwan (Chinese) | 2.2 | 1.1 | 1.9 | 1.5 | -12.0% |
| Japan | 1.6 | 1.3 | 0.5 | 1.3 | -6.7% |
| Others | 12.3 | 9.0 | 13.4 | 10.6 | -4.8% |
| Total | 40.8 | 31.5 | 47.3 | 37.2 | -3.0% |
Top Suppliers of Nail and Bolt to Sri Lanka in 2022:
- China (8.5K tons)
- India (1.3K tons)
- Spain (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Japan (0.2K tons)
This report provides an in-depth analysis of the nail and bolt market in Sri Lanka. 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 25931410 -
- Prodcom 25931480 -
- Prodcom 25941113 - Screws, turned from bars, rods, profiles, or wire, of a shank thickness . 6 mm
- Prodcom 25941115 - Other screws and bolts for fixing railway truck construction material, iron or steel
- Prodcom 25941117 - Screws and bolts without heads in steel
- Prodcom 25941123 - Slotted and cross-recessed screws of stainless steel
- Prodcom 25941125 - Other screws and bolts with heads
- Prodcom 25941127 - Hexagon socket head screws of stainless steel
- Prodcom 25941129 - Other hexagon socket head screws
- Prodcom 25941131 - Stainless steel hexagon bolts with heads
- Prodcom 25941133 - Iron or steel hexagon bolts with heads, with a tensile strength < .800 MPa (excluding of stainless steel)
- Prodcom 25941135 - Iron or steel hexagon bolts with heads, with a tensile strength. .800 MPa (excluding of stainless steel)
- Prodcom 25941139 - Iron or steel bolts with heads (excluding hexagon bolts)
- Prodcom 25941153 - Iron or steel wood screws
- Prodcom 25941157 - Iron or steel screw hooks and screw rings
- Prodcom 25941173 - Stainless steel self-tapping screws (excluding threaded mechanisms used to transmit motion, or to act as an active machinery part)
- 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)
- Prodcom 25941183 - Iron or steel nuts turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm
- Prodcom 25941185 - Stainless steel nuts (excluding those turned from bars, rods, p rofiles, or wire, of solid section, of a hole diameter . 6 mm)
- Prodcom 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)
- Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
- Prodcom 25941210 - Iron or steel spring washers and other lock washers
- Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
- Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
- Prodcom 25941270 - Iron or steel cotters and cotter-pins and similar non-threaded articles (excluding washers, rivets)
- Prodcom 25941310 - Washers, rivets, cotters, cotter pins and the like, not threaded, of copper
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
- Prodcom 25941370 - Threaded articles of copper, n.e.c.
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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
-
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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This report provides an in-depth analysis of the nail and bolt market in Sri Lanka.
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This report provides an in-depth analysis of the global nail and bolt market.
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This report provides an in-depth analysis of the nail and bolt market in Sri Lanka.
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This report provides an in-depth analysis of the global nail and bolt market.
133
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
5430
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
806
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
1246
In value terms, screws, bolts, nuts, coach screws exports stood at $X in 2016. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports value increased at an average annual ...
821
In value terms, copper, nails, tacks, drawing pins, staples exports totaled $X in 2016. In general, copper, nails, tacks, drawing pins, staples exports continue to indicate a relatively flat trend ...
776
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
1808
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
133
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
5430
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
806
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
