Sri Lanka - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNails and Tacks Price in Sri Lanka - 2021
Contents:
- Nails and Tacks Price in Sri Lanka (CIF) - 2022
- Nails and Tacks Price in Sri Lanka (FOB) - 2022
- Nails and Tacks Imports in Sri Lanka
- Nails and Tacks Exports in Sri Lanka
Nails and Tacks Price in Sri Lanka (CIF) - 2022
The average nails and tacks import price stood at $1,954 per ton in 2022, declining by -38.2% against the previous year. Overall, the import price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. The import price peaked at $3,428 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,734 per ton), while the price for China ($1,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced a decline.
Nails and Tacks Price in Sri Lanka (FOB) - 2022
The average nails and tacks export price stood at $3,455 per ton in 2022, surging by 12% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2016 an increase of 292% against the previous year. As a result, the export price attained the peak level of $15,626 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was American Samoa ($6,431 per ton), while the average price for exports to Seychelles ($391 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 Italy (+5.2%), while the prices for the other major destinations experienced a decline.
Nails and Tacks Imports in Sri Lanka
In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples imported into Sri Lanka expanded markedly to 471 tons, picking up by 11% against 2021. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nails and tacks imports contracted dramatically to $920K in 2022. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 20%.
Import of Nails and Tacks in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 986 | 741 | 1,004 | 672 | -12.0% |
India | 272 | 263 | 195 | 168 | -14.8% |
Others | 187 | 110 | 143 | 80.7 | -24.4% |
Total | 1,444 | 1,114 | 1,341 | 920 | -14.0% |
Top Suppliers of Nails and Tacks to Sri Lanka in 2022:
- China (416.0 tons)
- India (44.9 tons)
Nails and Tacks Exports in Sri Lanka
Nails and tacks exports from Sri Lanka shrank significantly to 2.4 tons in 2022, dropping by -86.1% against the year before. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, the exports attained the peak of 17 tons, and then dropped dramatically in the following year.
In value terms, nails and tacks exports declined markedly to $8.1K in 2022. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 240%. As a result, the exports reached the peak of $52K, and then dropped notably in the following year.
Export of Nails and Tacks in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | N/A | N/A | N/A | 4.2 | 0% |
Pakistan | N/A | N/A | N/A | 2.5 | 0% |
Maldives | 4.5 | 11.2 | 0.7 | 0.7 | -46.2% |
American Samoa | N/A | N/A | N/A | 0.3 | 0% |
India | 32.0 | 3.1 | 13.8 | 0.2 | -81.6% |
Seychelles | 0.1 | 0.5 | 0.1 | 0.1 | 0.0% |
Dominican Republic | 2.1 | 0.1 | 17.4 | 0.1 | -63.8% |
Oman | N/A | N/A | 7.8 | N/A | 0% |
Italy | 11.6 | N/A | 10.9 | N/A | -3.1% |
Others | 0.7 | 0.3 | 1.2 | 0.1 | -47.7% |
Total | 51.0 | 15.2 | 51.9 | 8.1 | -45.8% |
Top Export Markets for Nails and Tacks from Sri Lanka in 2022:
- Bangladesh (969.0 kg)
- Pakistan (745.0 kg)
- Seychelles (274.0 kg)
- Maldives (251.0 kg)
- American Samoa (51.0 kg)
- India (40.0 kg)
- Dominican Republic (5.0 kg)
This report provides an in-depth analysis of the nails and tacks market in Sri Lanka. 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
- Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
- Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
- Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
This report provides an in-depth analysis of the nails and tacks market in Sri Lanka.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Sri Lanka.
This report provides an in-depth analysis of the office metal staple market in Sri Lanka.
This report provides an in-depth analysis of the metal letter clip market in Sri Lanka.
This report provides an in-depth analysis of the global nails and tacks market.
This report provides an in-depth analysis of the global market for loose-leaf binder metal fitting.
This report provides an in-depth analysis of the global office metal staple market.
This report provides an in-depth analysis of the global metal letter clip market.
This report provides an in-depth analysis of the nails and tacks market in Sri Lanka.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Sri Lanka.
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