Czech Republic - Iron Or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Locking Nut Price in the Czech Republic - 2023
Contents:
- Metal Self-Locking Nut Price in the Czech Republic (CIF) - 2023
- Metal Self-Locking Nut Price in the Czech Republic (FOB) - 2023
- Metal Self-Locking Nut Imports in the Czech Republic
- Metal Self-Locking Nut Exports in the Czech Republic
Metal Self-Locking Nut Price in the Czech Republic (CIF) - 2023
In June 2023, the average metal self-locking nut import price amounted to $6,489 per ton, shrinking by -10.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices reached the peak figure at $7,231 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,471 per ton), while the price for China ($2,232 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Self-Locking Nut Price in the Czech Republic (FOB) - 2023
The average metal self-locking nut export price stood at $6,864 per ton in June 2023, increasing by 7.2% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 25% against the previous month. As a result, the export price attained the peak level of $8,255 per ton. From January 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($11,058 per ton), while the average price for exports to Slovenia ($2,453 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Self-Locking Nut Imports in the Czech Republic
In 2022, the amount of iron or steel nuts (including self-locking nuts) imported into the Czech Republic expanded modestly to 23K tons, picking up by 4.1% on the previous year's figure. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, metal self-locking nut imports rose notably to $145M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Metal Self-Locking Nut in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 47.8 | 48.1 | 54.1 | 53.4 | 3.8% |
China | 11.4 | 7.6 | 12.3 | 15.2 | 10.1% |
South Korea | 11.2 | 8.8 | 10.2 | 11.4 | 0.6% |
France | 14.2 | 10.7 | 9.9 | 11.3 | -7.3% |
Italy | 5.8 | 4.2 | 5.9 | 7.5 | 8.9% |
Japan | 6.5 | 5.1 | 6.2 | 6.9 | 2.0% |
Poland | 3.2 | 4.5 | 5.4 | 6.4 | 26.0% |
Austria | 1.1 | 4.6 | 5.9 | 6.4 | 79.9% |
Taiwan (Chinese) | 12.1 | 2.6 | 3.8 | 6.1 | -20.4% |
Netherlands | 3.1 | 3.2 | 3.3 | 3.5 | 4.1% |
Others | 16.7 | 14.3 | 17.8 | 17.2 | 1.0% |
Total | 133 | 114 | 135 | 145 | 2.9% |
Top Suppliers of Metal Self-Locking Nut to the Czech Republic in 2022:
- Germany (6.5K tons)
- China (5.4K tons)
- South Korea (1.9K tons)
- France (1.4K tons)
- Poland (1.2K tons)
- Italy (1.1K tons)
- Austria (1.1K tons)
- Taiwan (Chinese) (0.9K tons)
- Japan (0.9K tons)
- Netherlands (0.7K tons)
Metal Self-Locking Nut Exports in the Czech Republic
In 2022, metal self-locking nut exports from the Czech Republic totaled 7.2K tons, picking up by 11% against 2021. Over the period under review, exports, however, saw a deep reduction.
In value terms, metal self-locking nut exports soared to $49M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Metal Self-Locking Nut in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.6 | 8.7 | 10.6 | 13.8 | 12.9% |
Slovakia | 5.0 | 5.2 | 6.3 | 8.9 | 21.2% |
Poland | 14.9 | 4.6 | 5.3 | 6.5 | -24.2% |
Hungary | 2.3 | 2.0 | 3.2 | 3.3 | 12.8% |
Romania | 1.1 | 1.6 | 2.1 | 2.5 | 31.5% |
Italy | 0.7 | 0.7 | 1.0 | 1.2 | 19.7% |
India | 0.2 | 0.2 | 0.5 | 1.2 | 81.7% |
Austria | 0.8 | 1.0 | 0.9 | 1.2 | 14.5% |
Netherlands | 0.3 | 0.4 | 0.5 | 0.8 | 38.7% |
Switzerland | 0.6 | 0.4 | 0.5 | 0.7 | 5.3% |
Russia | 1.5 | 1.9 | 2.2 | 0.7 | -22.4% |
Others | 5.7 | 5.5 | 7.1 | 8.4 | 13.8% |
Total | 42.8 | 32.2 | 40.3 | 49.0 | 4.6% |
Top Export Markets for Metal Self-Locking Nut from the Czech Republic in 2022:
- Germany (2265.9 tons)
- Poland (1159.0 tons)
- Slovakia (1130.7 tons)
- Romania (352.5 tons)
- Hungary (277.6 tons)
- Italy (240.5 tons)
- Austria (227.7 tons)
- India (183.1 tons)
- Switzerland (164.9 tons)
- Netherlands (157.7 tons)
- Russia (83.8 tons)
This report provides an in-depth analysis of the metal self-locking nut market in the Czech Republic. 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 2030.
Product coverage:
- Prodcom 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global market for iron or steel nuts, including self-locking nuts, is expected to see continued growth over the next seven years driven by increasing demand. Market performance is forecasted to expand with a CAGR of +0.7% in volume and +3.0% in value from 2023 to 2030.
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