CIS: Nail And Bolt Market 2024

Nail And Bolt Market Size in CIS

In 2022, the CIS nail and bolt market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Nail And Bolt Production in CIS

In value terms, nail and bolt production reduced modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Nail And Bolt Exports

Exports in CIS

After four years of growth, overseas shipments of nails, tacks, staples, screws and bolts decreased by X% to X tons in 2022. Overall, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then fell markedly in the following year.

In value terms, nail and bolt exports reduced modestly to $X in 2022. In general, exports, however, saw temperate growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

In 2022, Belarus (X tons) was the main exporter of nails, tacks, staples, screws and bolts, mixing up X% of total exports. It was distantly followed by Russia (X tons), creating a X% share of total exports. The following exporters - Uzbekistan (X tons) and Azerbaijan (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Azerbaijan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nail and bolt supplying countries in the CIS were Belarus ($X), Russia ($X) and Azerbaijan ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Azerbaijan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Nail And Bolt Imports

Imports in CIS

After five years of growth, overseas purchases of nails, tacks, staples, screws and bolts decreased by X% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, nail and bolt imports shrank significantly to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Russia (X tons) represented the largest importer of nails, tacks, staples, screws and bolts, achieving X% of total imports. It was distantly followed by Kazakhstan (X tons), achieving a X% share of total imports. Uzbekistan (X tons), Kyrgyzstan (X tons), Azerbaijan (X tons) and Belarus (X tons) held a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of nails, tacks, staples, screws and bolts. At the same time, Uzbekistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Azerbaijan and Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported nails, tacks, staples, screws and bolts in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with a decrease of X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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