United Kingdom: Metal Tubular Rivet Market 2024

Metal Tubular Rivet Market Size in the UK

The UK metal tubular rivet market was estimated at $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a noticeable reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Metal Tubular Rivet Production in the UK

In value terms, metal tubular rivet production declined to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Metal tubular rivet production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Metal Tubular Rivet Exports

Exports from the UK

In 2022, approx. X tons of base metal tubular or bifurcated rivets were exported from the UK; with a decrease of X% compared with the year before. In general, exports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, metal tubular rivet exports amounted to $X in 2022. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for metal tubular rivet exports from the UK, with a X% share of total exports. Moreover, metal tubular rivet exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for base metal tubular or bifurcated rivets exports from the UK, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average metal tubular rivet export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Tubular Rivet Imports

Imports into the UK

In 2022, the amount of base metal tubular or bifurcated rivets imported into the UK declined slightly to X tons, waning by X% against the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, metal tubular rivet imports soared to $X in 2022. Overall, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of metal tubular rivet imports to the UK, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest metal tubular rivet suppliers to the UK, with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal tubular rivet import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated perceptible growth 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. Based on 2022 figures, metal tubular rivet import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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