Europe: Base Metal Hook Market 2024

Base Metal Hook Market Size in Europe

The Europe base metal hook market surged to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Base Metal Hook Production in Europe

In value terms, base metal hook production surged to $X in 2022 estimated in export price. The total output 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 in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Base Metal Hook Exports

Exports in Europe

Base metal hook exports skyrocketed to X tons in 2022, increasing by X% on 2021. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, base metal hook exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Greece (X tons) was the largest exporter of base metal hooks, eyes and eyelets, committing X% of total exports. It was distantly followed by Germany (X tons), Austria (X tons), Italy (X tons), Belgium (X tons) and the Netherlands (X tons), together generating a X% share of total exports. France (X tons) followed a long way behind the leaders.

Greece was also the fastest-growing in terms of the base metal hooks, eyes and eyelets exports, with a CAGR of X% from 2012 to 2022. At the same time, Austria (X%), Belgium (X%), the Netherlands (X%), Germany (X%) and France (X%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. From 2012 to 2022, the share of Greece, Austria and Belgium increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Greece ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Greece, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the export price in Europe amounted to $X per ton, declining by X% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Base Metal Hook Imports

Imports in Europe

For the seventh year in a row, Europe recorded growth in overseas purchases of base metal hooks, eyes and eyelets, which increased by X% to X tons in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, base metal hook imports soared to $X in 2022. Total imports indicated a measured expansion 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Greece (X tons), distantly followed by France (X tons), Belgium (X tons), Germany (X tons), Italy (X tons), Poland (X tons), Russia (X tons) and the Netherlands (X tons) represented the key importers of base metal hooks, eyes and eyelets, together generating X% of total imports. Romania (X tons), the UK (X tons), Portugal (X tons), Austria (X tons) and Spain (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal hook importing markets in Europe were Italy ($X), France ($X) and Greece ($X), together accounting for X% of total imports.

Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform