Myanmar - Nails, Tacks, Staples, Screws And Bolts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Myanmar - Nails, Tacks, Staples, Screws And Bolts - Market Analysis, Forecast, Size, Trends and Insights

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Nail and Bolt Price in Myanmar - 2022

Contents:

  1. Nail and Bolt Price in Myanmar (CIF) - 2022
  2. Nail and Bolt Price in Myanmar (FOB) - 2022
  3. Nail and Bolt Imports in Myanmar
  4. Nail and Bolt Exports in Myanmar

Nail and Bolt Price in Myanmar (CIF) - 2022

In 2022, the average nail and bolt import price amounted to $690 per ton, growing by 8.1% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 33%. The import price peaked at $1,084 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Singapore ($1,081 per ton), while the price for China ($646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.5%), while the prices for the other major suppliers experienced a decline.

Nail and Bolt Price in Myanmar (FOB) - 2022

In December 2022, the average nail and bolt export price amounted to $4,290 per ton, shrinking by -5.4% against the previous month. Overall, the export price, however, enjoyed modest growth. The growth pace was the most rapid in June 2022 an increase of 3,564% month-to-month. As a result, the export price reached the peak level of $158K per ton. From July 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Germany ($7,971 per ton), while the average price for exports to Thailand ($3,868 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+6.3%), while the prices for the other major destinations experienced a decline.

Nail and Bolt Imports in Myanmar

Nail and bolt imports into Myanmar amounted to 54K tons in 2022, rising by 10% compared with the year before. Over the period under review, imports, however, continue to indicate a perceptible shrinkage.

In value terms, nail and bolt imports soared to $37M in 2022. In general, imports, however, continue to indicate a perceptible decrease.

Import of Nail and Bolt in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.539.825.931.0-2.6%
Thailand1.41.51.11.910.7%
Vietnam0.90.80.71.210.1%
Others6.67.73.63.2-21.4%
Total42.549.931.337.3-4.3%

Top Suppliers of Nail and Bolt to Myanmar in 2022:

  1. China (48.0K tons)
  2. Thailand (2.6K tons)
  3. Vietnam (1.8K tons)

Nail and Bolt Exports in Myanmar

For the fourth consecutive year, Myanmar recorded growth in overseas shipments of nails, tacks, staples, screws and bolts, which increased by 263% to 1.3K tons in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nail and bolt exports skyrocketed to $4.7M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 245%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Nail and Bolt in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1155221,2784,387236.6%
Thailand26.846.2161262113.8%
Indonesia2.3N/AN/AN/A0%
Others25.215.210.688.852.2%
Total1695841,4504,738203.8%

Top Export Markets for Nail and Bolt from Myanmar in 2022:

  1. Japan (1182.0 tons)
  2. Thailand (96.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nail and bolt market in Myanmar. 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:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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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...

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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.

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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...

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Free Data: Nails, Tacks, Staples, Screws And Bolts - Myanmar