Eastern Asia: Metal Nut Market 2020

Metal Nut Market Size in Eastern Asia

The revenue of the metal nut market in Eastern Asia amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of metal nut consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Metal Nut Production in Eastern Asia

In 2017, production of iron or steel nuts in Eastern Asia stood at X tons, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of metal nut production peaked in 2017, and is expected to retain its growth in the immediate term.

Metal Nut Exports in Eastern Asia

The exports amounted to X tons in 2017, growing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the metal nut exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, metal nut exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Nut Exports by Country in Eastern Asia

China was the largest exporter of iron or steel nuts in Eastern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X tons), Japan (X tons) and South Korea (X tons), together comprising X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan, Chinese ($X) and Japan ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. South Korea lagged somewhat behind, accounting for a further X%.

Among the main exporting countries , South Korea (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Nut Export Prices by Country in Eastern Asia

The metal nut export price in Eastern Asia stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Nut Imports in Eastern Asia

In 2017, approx. X tons of iron or steel nuts were imported in Eastern Asia; coming up by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal nut imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the metal nut imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, metal nut imports amounted to $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal nut imports increased by +X% against 2015 indices. Over the period under review, the metal nut imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Nut Imports by Country in Eastern Asia

China was the largest importer of iron or steel nuts in Eastern Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. South Korea (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%). Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) held the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to metal nut imports into China stood at +X%. At the same time, China, Hong Kong SAR (+X%), Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Korea and China decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported iron or steel nuts in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, metal nut imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (+X% per year).

Metal Nut Import Prices by Country in Eastern Asia

The metal nut import price in Eastern Asia stood at $X per ton in 2017, remaining relatively unchanged against the previous year. The metal nut import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for iron or steel nuts attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for iron or steel nuts failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform