Latest Report Update: Jul 4, 2020

U.S. Fastener, Button, Needle, And Pin Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Fastener, Button, Needle, And Pin 2020

Market Size for Fastener, Button, Needle, And Pin in the U.S.

In 2019, the U.S. button, needle, and pin market increased by X% to $X, rising for the second year in a row after three years of decline. In general, the total consumption indicated resilient growth from 2013 to 2019: its value increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Fastener, Button, Needle, And Pin in the U.S.

In value terms, button, needle, and pin production totaled $X in 2019. The total output value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Button, needle, and pin production peaked at $X in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.

Exports of Fastener, Button, Needle, And Pin

Exports from the U.S.

After six years of growth, shipments abroad of fastener, button, needle, and pin decreased by -X% to X tonnes in 2019. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then dropped sharply in the following year.

In value terms, button, needle, and pin exports fell significantly to $X in 2019. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Israel (X tonnes), Canada (X tonnes) and Spain (X tonnes) were the main destinations of button, needle, and pin exports from the U.S., together comprising X% of total exports. Madagascar, Mexico, Indonesia, Egypt, Swaziland, the Dominican Republic, Saudi Arabia, Belgium and the UK lagged somewhat behind, together comprising a further X 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and the Dominican Republic ($X) appeared to be the largest markets for button, needle, and pin exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Egypt, Swaziland, Israel, the UK, Saudi Arabia, Spain, Belgium, Indonesia and Madagascar, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average button, needle, and pin export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price continues to indicate a strong increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per tonne), while the average price for exports to Madagascar ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fastener, Button, Needle, And Pin

Imports into the U.S.

In 2019, approx. X tonnes of fastener, button, needle, and pin were imported into the U.S.; growing by X% on 2018. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, button, needle, and pin imports reduced to $X in 2019. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2019, Japan (X tonnes) constituted the largest button, needle, and pin supplier to the U.S., with a X% share of total imports. Moreover, button, needle, and pin imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. Taiwan, Chinese (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2019, the average annual growth rate of volume from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Taiwan, Chinese (+X% per year).

In value terms, China ($X) constituted the largest supplier of button, needle, and pin to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and Japan (-X% per year).

Import Prices by Country

The average button, needle, and pin import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Japan ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of fastener, button, needle, and pin to the U.S.?
+
In value terms, China ($74M) constituted the largest supplier of button, needle, and pin to the U.S., comprising 31% of total imports. The second position in the ranking was occupied by Taiwan, Chinese ($33M), with a 14% share of total imports. It was followed by Japan, with a 5.7% share.
What are the leading importers of fastener, button, needle, and pin from the U.S.?
+
In value terms, Canada ($7.1M), Mexico ($4.9M) and the Dominican Republic ($3.1M) were the largest markets for button, needle, and pin exported from the U.S. worldwide, together comprising 43% of total exports. These countries were followed by Egypt, Swaziland, Israel, the UK, Saudi Arabia, Spain, Belgium, Indonesia and Madagascar, which together accounted for a further 24%.
What is the average export price for fastener, button, needle, and pin in the U.S.?
+
The average button, needle, and pin export price stood at $12,287 per tonne in 2019, picking up by 350% against the previous year.
What is the average import price for fastener, button, needle, and pin in the U.S.?
+
The average button, needle, and pin import price stood at $819 per tonne in 2019, falling by -67.4% against the previous year.

Product coverage:
• NAICS 339993 - Fastener, button, needle, and pin manufacturing

This report provides an in-depth analysis of the market for button, needle, and pin in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Southco
• Acument Global Technologies
• Micro Plastics
• Ramco Specialties
• Aplix
• Talon International
• Lawrence Screw Products
• YKK Snap Fastners America Inc.
• Whitesell Corporation
• Montana Silversmiths
• Ideal Fastener Corporation
• Morton Grinding
• Gsg Fasteners
• Whitesell Formed Components
• Tfp Corporation
• Braxton Manufacturing Company
• Captive Fasteners Corp
• Rightway Fasteners
• Engineered Components Co.
• U.S. Button Corporation
• Lehigh Consumer Products
• A. Raymond Tinnerman Manufacturing
• YKK Corporation of America
• Ebinger Manufacturing Company
• Stimpson Company Incorporation
• Avdel USA LLC
• Physical Systems
• US Test Company 639
• Emsig Manufacturing Corp.
• Jinhap US Corporation

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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