Eastern Asia: Stainless Steel Nut Market 2020

Stainless Steel Nut Market Size in Eastern Asia

The revenue of the stainless steel nut market in Eastern Asia amounted to $X in 2017, jumping 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 over the period under review. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. In that year, the stainless steel nut market attained their peak level of $X. From 2013 to 2017, growth of the stainless steel nut market failed to regain its momentum.

Stainless Steel Nut Production in Eastern Asia

In 2017, stainless steel nut production in Eastern Asia amounted to X tons, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2010, when the output figure increased by X% y-o-y. Over the period under review, the stainless steel nut production attained its maximum volume in 2017, and is likely to continue its growth in the near future.

Stainless Steel Nut Exports in Eastern Asia

In 2017, the amount of stainless steel nuts exported in Eastern Asia totaled X tons, going up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the stainless steel nut exports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, stainless steel 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.

Stainless Steel Nut Exports by Country in Eastern Asia

China represented the key exporting country with an export of about X tons, which amounted to X% of total exports. Taiwan, Chinese (X tons) ranks second in terms of the global exports with a X% share, followed by Japan (X%) and South Korea (X%).

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, the largest stainless steel nut markets worldwide were China ($X), Taiwan, Chinese ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by South Korea, which accounted for a further X%.

In terms of the main exporting countries , South Korea (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Stainless Steel Nut Export Prices by Country in Eastern Asia

In 2017, the stainless steel nut export price in Eastern Asia amounted to $X per ton, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% against the previous year. Over the period under review, the export prices for stainless steel nuts reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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.

Stainless Steel Nut Imports in Eastern Asia

The imports amounted to X tons in 2017, growing by X% against the previous year. The total imports indicated a remarkable expansion 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 stainless steel nut imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the stainless steel nut imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, stainless steel nut imports amounted to $X in 2017. The total imports indicated a prominent 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 stainless steel nut imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Stainless Steel Nut Imports by Country in Eastern Asia

China was the key importer of stainless steel nuts in Eastern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2017. South Korea (X tons) ranks second in terms of the global imports with a X% share, followed by Japan (X%). Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. 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. South Korea (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (+X% per year).

Stainless Steel Nut Import Prices by Country in Eastern Asia

In 2017, the stainless steel nut import price in Eastern Asia amounted to $X per ton, remaining stable against the previous year. The stainless steel nut import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for stainless steel nuts attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for stainless steel nuts failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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 Market Intelligence Platform