Clasps, buckles, hooks and rivets market in Germany

Earlier Report Observations

The market for clasps, buckles, hooks and rivets in Germany, measured in value terms, contracted substantially over the period from 2019 to 2024. Starting at 285.8 million US dollars in 2019, it ended at 195.8 million in 2024, representing a decline of approximately 90 million dollars or 31.5%.

This downward trajectory was not linear. The most pronounced drop occurred in 2020, when the market size fell by 20.7% to 226.5 million US dollars. A partial rebound followed in 2021, bringing the market to 251.6 million. However, the trend reversed again in 2022 and 2023, with the market shrinking to 212.7 million and then 190.1 million, respectively. The year 2024 saw a modest recovery to 195.8 million, but the market remained well below its initial level.

Production clasps, buckles, hooks and rivets in Germany

In value, 2017-2020, M $ US

In 2020, Germany's output of clasps, buckles, hooks, and rivets was valued at 199.3 million US dollars, marking a 16.7% decline compared to 2019.

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

Exports clasps, buckles, hooks and rivets from Germany

Exports in kind, t

Deliveries of clasps, buckles, hooks, and rivets from Germany declined for the second consecutive year. In 2020, exports amounted to 13,117 tonnes, representing a significant drop of 12.5% from the previous year. Over the period from 2017 to 2020, exports decreased by 6.7%, with a compound annual growth rate of -2.3%. The highest export volume was recorded in 2018 at 15,470 tonnes, which also saw the largest increase of 10.1% that year.

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

From 2017 to 2020, Germany's exports of clasps, buckles, hooks, and rivets in kind were not heavily concentrated. Poland accounted for 17.9% of exports, France for 10.4%, and the United Kingdom for 8.3%, with these three countries together capturing only 36.6% of total 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, M $ US

Exports of clasps, buckles, hooks, and rivets from Germany declined for the second year in a row. In 2020, exports reached 207.4 million US dollars, a 13.2% decrease compared to the previous year. The peak value was recorded in 2018 at 242.9 million US dollars, which also experienced the largest increase of 16.9% that year.

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

The structure of Germany's exports in value terms from 2017 to 2020 indicates a diversified set of partners. Poland contributed 9.7% of exports, France 8.7%, and the United Kingdom 7.7%, jointly accounting for only 26.1% of total flows. The remaining 73.9% was distributed among numerous smaller markets.

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

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

Imports clasps, buckles, hooks and rivets to Germany

Imports in kind, t

After a two-year improvement, foreign supplies of clasps, buckles, hooks, and rivets to Germany declined. In 2020, Germany imported 17,949 tonnes, a robust drop of 19.1% compared to 2019. Between 2017 and 2020, imports decreased by 16%, equating to an annualized rate of -5.7%. The highest import volume was recorded in 2019 at 22,193 tonnes, which also saw the largest increase of 2.5% that year.

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

From 2017 to 2020, China was the largest supplier of clasps, buckles, hooks, and rivets to Germany in kind, accounting for 28.9% of imports, followed by France at 9.4% and Italy at 8.0%. Together, these three countries made up 46.3% of total imports, with the rest coming from a broad range of smaller partners.

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, M $ US

After a two-year increase, Germany's imports of clasps, buckles, hooks, and rivets declined. In 2020, import volume totaled 234.5 million US dollars, down by 17.8% year-over-year. Over the period from 2017 to 2020, imports decreased by 7.8%, with a compound annual growth rate of -2.7%. The maximum value was recorded in 2019 at 285.3 million US dollars, while the largest increase occurred in 2018 at 10.4%.

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

Throughout 2017 to 2020, Germany's imports of clasps, buckles, hooks, and rivets in value terms were not concentrated on a few key markets. China accounted for 15.7% of imports, France for 11.9%, and Italy for 11.3%, jointly making up only 38.9% of total flows.

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

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