Base metal hooks, eyes and eyelets market in Germany

Earlier Report Observations

The German market for base metal hooks, eyes and eyelets demonstrated a clear upward trend from 2019 to 2022, with its total value increasing from 50.3 million dollars to 62.4 million dollars. This expansion was accompanied by rising production, which reached 64.9 million dollars in 2021, while import and export values fluctuated within a narrower band.

A sharp reversal occurred in 2023, as the market contracted by nearly 18% to 51.4 million dollars. Production fell to 52.3 million dollars, and both imports and exports declined significantly. The following year brought a modest rebound, with the market size recovering slightly to 52.3 million dollars in 2024.

Across the entire 2019-2024 period, the market underwent a cycle of growth and correction, ultimately finishing at a level moderately higher than where it began, despite the pronounced dip in the penultimate year.

Production base metal hooks, eyes and eyelets in Germany

In value, 2017-2020, K $ US

In 2020, Germany's output of base metal hooks, eyes, and eyelets was valued at 59,524 thousand US dollars, marking a modest 9.5% increase compared to 2019.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

Exports base metal hooks, eyes and eyelets from Germany

Exports in kind, t

Germany's exports of base metal hooks, eyes, and eyelets declined for the second consecutive year. In 2020, the country exported 2,690 tonnes, representing a 4.6% decrease from the previous year. Over the period from 2017 to 2020, exports fell by 20.5%, with a compound annual growth rate of -7.4%. The highest export volume was recorded in 2018 at 3,461 tonnes, which saw a 2.3% increase that year. The largest decline occurred in 2019, with an 18.5% drop.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, Poland, the United States, and Italy formed the core group of markets for Germany's exports of base metal hooks, eyes, and eyelets in volume terms. Poland accounted for 41.5% of exports, the United States for 6.9%, and Italy for 6.6%, together representing 54.9% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, K $ US

Germany's foreign supplies of base metal hooks, eyes, and eyelets declined for the second consecutive year. In 2020, exports totaled 22,408 thousand US dollars, indicating a 12.4% loss compared to the previous year. Over the 2017-2020 period, exports decreased by 18%, with a compound annual growth rate of -6.4%. The maximum value was recorded in 2018 at 28,721 thousand US dollars, which saw a 5.1% increase that year.

Annual dynamics of product's exports from Germany in value, 2017-2020, K $ US

Between 2017 and 2020, the geographical structure of Germany's exports in value terms was highly diversified. Poland, Czechia, and France were the top partners, but together they accounted for only 28.4% of total flows: Poland represented 16.3%, Czechia 6.6%, and France 5.5%. The remaining 71.6% was distributed among numerous smaller partner countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports base metal hooks, eyes and eyelets to Germany

Imports in kind, t

In 2020, Germany imported 2,531 tonnes of base metal hooks, eyes, and eyelets, showing a modest 4.1% decrease compared to 2019. Between 2017 and 2020, imports fell by 8.4%, equating to an annualized decline of 2.9%. The largest decrease was recorded in 2018 at 8.3%, while the largest increase occurred in 2019 with a 4.2% rise.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

Throughout 2017 to 2020, China, Asia not elsewhere specified, and Italy remained the main sources for Germany's imports of base metal hooks, eyes, and eyelets in volume terms. China accounted for 50.6% of imports, Asia not elsewhere specified for 12.9%, and Italy for 12.2%, jointly taking 75.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, K $ US

Germany's imports of base metal hooks, eyes, and eyelets declined for the third consecutive year. In 2020, imports totaled 19,829 thousand US dollars, showing a modest 7.8% reduction compared to 2019. Over the 2017-2020 period, imports decreased by 13.9%, with a compound annual growth rate of -4.9%.

Annual dynamics of product's imports to Germany in value, 2017-2020, K $ US

From 2017 to 2020, China, Italy, and Asia not elsewhere specified were the main directions for Germany's imports of base metal hooks, eyes, and eyelets in value terms. China accounted for 34.6% of imports, Italy for 17.5%, and Asia not elsewhere specified for 12.5%, together absorbing 64.5% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020