Latest Report Update: Oct 15, 2021

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 2021

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

The U.S. button, needle, and pin market rose markedly to $X in 2020, picking up by X% against the previous year. In general, consumption continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Button, needle, and pin consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

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

In value terms, button, needle, and pin production reached $X in 2020. Over the period under review, production enjoyed a noticeable expansion. The growth pace was the most rapid in 2014 when the production volume increased by X% year-to-year. Button, needle, and pin production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Exports of Fastener, Button, Needle, And Pin

Exports from the U.S.

Button, needle, and pin exports from the U.S. fell significantly to X tonnes in 2020, declining by -X% on the year before. Overall, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, button, needle, and pin exports contracted significantly to $X in 2020. Over the period under review, exports, however, showed a mild contraction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Mexico (X tonnes) was the main destination for button, needle, and pin exports from the U.S., with a X% share of total exports. Moreover, button, needle, and pin exports to Mexico exceeded the volume sent to the second major destination, Canada (X tonnes), more than tenfold. Germany (X tonnes) ranked third in terms of total exports with a X% share.

From 2013 to 2020, the average annual growth rate of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Germany (+X% per year).

In value terms, Mexico ($X) remains the key foreign market for button, needle, and pin exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2013 to 2020, the average annual growth rate of value to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average button, needle, and pin export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, 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.

Button, needle, and pin imports into the U.S. contracted to X tonnes in 2020, waning by -X% against the year before. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, button, needle, and pin imports contracted to $X in 2020. Overall, imports, however, 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 attained the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest button, needle, and pin supplier to the U.S., accounting for a X% share of total imports. Moreover, button, needle, and pin imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tonnes), twofold. The third position in this ranking was occupied by Austria (X tonnes), with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-X% per year) and Austria (+X% per year).

In value terms, the largest button, needle, and pin suppliers to the U.S. were China ($X), Taiwan (Chinese) ($X) and India ($X), together comprising X% of total imports. These countries were followed by Mexico, Austria, Indonesia and the Netherlands, which together accounted for a further 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

The average button, needle, and pin import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of fastener, button, needle, and pin to the U.S.?
+
In value terms, China ($48M), Taiwan (Chinese) ($27M) and India ($13M) were the largest button, needle, and pin suppliers to the U.S., with a combined 49% share of total imports. Mexico, Austria, Indonesia and the Netherlands lagged somewhat behind, together comprising a further 14%.
What are the leading importers of fastener, button, needle, and pin from the U.S.?
+
In value terms, Mexico ($73M) remains the key foreign market for button, needle, and pin exports from the U.S., comprising 47% of total exports. The second position in the ranking was occupied by Canada ($19M), with a 12% share of total exports. It was followed by Germany, with a 4.4% share.
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 $7,446 per tonne in 2020, jumping by 34% against the previous year.
What is the average import price for fastener, button, needle, and pin in the U.S.?
+
In 2020, the average button, needle, and pin import price amounted to $9,572 per tonne, increasing by 2.4% 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 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
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, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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