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Philippines - Nails, Tacks, Staples, Screws And Bolts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNail and Bolt Price in the Philippines - 2023
Contents:
- Nail and Bolt Price in the Philippines (CIF) - 2023
- Nail and Bolt Price in the Philippines (FOB) - 2022
- Nail and Bolt Imports in the Philippines
- Nail and Bolt Exports in the Philippines
Nail and Bolt Price in the Philippines (CIF) - 2023
The average nail and bolt import price stood at $3,128 per ton in June 2023, picking up by 14% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 99% against the previous month. As a result, import price reached the peak level of $5,035 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,284 per ton), while the price for China ($1,381 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 Vietnam (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nail and Bolt Price in the Philippines (FOB) - 2022
The average nail and bolt export price stood at $2,808 per ton in 2022, declining by -4.4% against the previous year. Over the period under review, the export price showed a slight descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 24% against the previous year. As a result, the export price reached the peak level of $4,042 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,689 per ton), while the average price for exports to France ($2,064 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 Taiwan (Chinese) (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Nail and Bolt Imports in the Philippines
In 2022, nail and bolt imports into the Philippines rose notably to 80K tons, growing by 11% against the previous year. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nail and bolt imports stood at $241M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Nail and Bolt in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.7 | 59.3 | 73.9 | 77.4 | 9.0% |
Japan | 47.9 | 43.7 | 60.9 | 56.9 | 5.9% |
Taiwan (Chinese) | 28.8 | 16.4 | 21.7 | 18.0 | -14.5% |
Vietnam | 4.2 | 3.0 | 5.8 | 6.3 | 14.5% |
Others | 63.5 | 64.6 | 72.4 | 82.1 | 8.9% |
Total | 204 | 187 | 235 | 241 | 5.7% |
Top Suppliers of Nail and Bolt to the Philippines in 2022:
- China (64.6K tons)
- Taiwan (Chinese) (4.5K tons)
- Japan (4.3K tons)
- Vietnam (2.1K tons)
Nail and Bolt Exports in the Philippines
Nail and bolt exports from the Philippines amounted to 53K tons in 2022, increasing by 2% against 2021. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, nail and bolt exports contracted slightly to $148M in 2022. Over the period under review, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 30%.
Export of Nail and Bolt in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 107 | 83.7 | 98.5 | 92.9 | -4.6% |
United States | 14.1 | 10.3 | 14.5 | 15.2 | 2.5% |
Germany | 8.9 | 8.0 | 10.8 | 9.4 | 1.8% |
South Korea | 3.0 | 4.6 | 8.3 | 8.1 | 39.2% |
France | 10.2 | 0.3 | 0.2 | 4.8 | -22.2% |
Taiwan (Chinese) | 3.3 | 1.3 | 5.6 | 4.7 | 12.5% |
Italy | 4.2 | 2.4 | 2.4 | 1.7 | -26.0% |
Others | 8.1 | 6.6 | 11.6 | 11.4 | 12.1% |
Total | 159 | 117 | 152 | 148 | -2.4% |
Top Export Markets for Nail and Bolt from the Philippines in 2022:
- Japan (37.5K tons)
- United States (5.7K tons)
- France (2.3K tons)
- South Korea (2.1K tons)
- Germany (2.0K tons)
- Taiwan (Chinese) (1.2K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the nail and bolt market in the Philippines. 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 25931410 -
- Prodcom 25931480 -
- Prodcom 25941113 - Screws, turned from bars, rods, profiles, or wire, of a shank thickness . 6 mm
- Prodcom 25941115 - Other screws and bolts for fixing railway truck construction material, iron or steel
- Prodcom 25941117 - Screws and bolts without heads in steel
- Prodcom 25941123 - Slotted and cross-recessed screws of stainless steel
- Prodcom 25941125 - Other screws and bolts with heads
- Prodcom 25941127 - Hexagon socket head screws of stainless steel
- Prodcom 25941129 - Other hexagon socket head screws
- Prodcom 25941131 - Stainless steel hexagon bolts with heads
- Prodcom 25941133 - Iron or steel hexagon bolts with heads, with a tensile strength < .800 MPa (excluding of stainless steel)
- Prodcom 25941135 - Iron or steel hexagon bolts with heads, with a tensile strength. .800 MPa (excluding of stainless steel)
- Prodcom 25941139 - Iron or steel bolts with heads (excluding hexagon bolts)
- Prodcom 25941153 - Iron or steel wood screws
- Prodcom 25941157 - Iron or steel screw hooks and screw rings
- Prodcom 25941173 - Stainless steel self-tapping screws (excluding threaded mechanisms used to transmit motion, or to act as an active machinery part)
- Prodcom 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
- Prodcom 25941183 - Iron or steel nuts turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm
- Prodcom 25941185 - Stainless steel nuts (excluding those turned from bars, rods, p rofiles, or wire, of solid section, of a hole diameter . 6 mm)
- 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)
- Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
- Prodcom 25941210 - Iron or steel spring washers and other lock washers
- Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
- Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
- Prodcom 25941270 - Iron or steel cotters and cotter-pins and similar non-threaded articles (excluding washers, rivets)
- Prodcom 25941310 - Washers, rivets, cotters, cotter pins and the like, not threaded, of copper
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
- Prodcom 25941370 - Threaded articles of copper, n.e.c.
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the nail and bolt market in the Philippines.
This report provides an in-depth analysis of the global nail and bolt market.
This report provides an in-depth analysis of the nail and bolt market in the Philippines.
This report provides an in-depth analysis of the global nail and bolt market.
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
In value terms, screws, bolts, nuts, coach screws exports stood at $X in 2016. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports value increased at an average annual ...
In value terms, copper, nails, tacks, drawing pins, staples exports totaled $X in 2016. In general, copper, nails, tacks, drawing pins, staples exports continue to indicate a relatively flat trend ...
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...