Copper screws, bolts and nuts market in Sweden

Earlier Report Observations

The Swedish market for copper screws, bolts and nuts in physical terms contracted from 669 tons in 2018 to 581 tons in 2019, then stabilized around 583 tons in 2020 before expanding to 654 tons in 2021 and peaking at 734 tons in 2022. The following year saw a sharp correction, with volume falling to 630 tons in 2023.

In value terms, the market demonstrated even greater volatility. After a steep decline in 2019, it recovered through 2020 and 2021 to reach $11.3 million, only to contract again in 2022 and 2023, ending the period at $8.3 million. This pattern suggests shifting unit values and changing cost structures alongside the volume movements.

For 2024, identified market trends include an increased corporate focus on sustainability, influencing material choices and industrial production, and the impact of technological development and AI on marketing and consumer behavior within the industrial sector.

Production copper screws, bolts and nuts in Sweden

In value, 2017-2020, K $ US

Sweden's production of copper screws, bolts and nuts declined for the third consecutive year. In 2020, output was valued at 7 331 thousand US dollars, marking a 1.2% decrease compared to the previous year. From 2017 to 2020, production fell by 32.7%, which translates to an average annual decline of 12.4%.

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

In kind, 2017-2020, t

Sweden's production volume of copper screws, bolts and nuts decreased for the third year in a row. In 2020, the country produced 520.1 tonnes, representing a modest 3.6% reduction from 2019. Over the 2017-2020 period, production dropped by 27.9%, with a compound annual growth rate of -10.3%.

Annual dynamics of production in Sweden in kind, 2017-2020, t

Exports copper screws, bolts and nuts from Sweden

Exports in kind, t

Sweden's exports of copper screws, bolts and nuts fell for the third consecutive year. In 2020, exports totaled 185 tonnes, showing a modest 4.7% year-over-year decline. Between 2017 and 2020, exports plummeted by 91.5%, equivalent to an average annual decrease of 56.1%.

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

From 2017 to 2020, Estonia remained the primary destination for Sweden's copper screws, bolts and nuts exports in volume terms, accounting for 75.6% of total exports. Other markets played a much smaller role during this period.

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

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

Exports in value, K $ US

Sweden's exports of copper screws, bolts and nuts declined for the third year running. In 2020, export value reached 2 989 thousand US dollars, reflecting a modest 4.9% year-over-year reduction. Over the 2017-2020 period, exports decreased by 14.5%, with a compound annual growth rate of -5.1%.

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

From 2017 to 2020, the leading destinations for Sweden's copper screws, bolts and nuts exports in value terms were Estonia (44.5% of total export value), Finland (19.0%), and Norway (6.6%). Together, these three countries accounted for 70.1% of Sweden's export flows.

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

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

Imports copper screws, bolts and nuts to Sweden

Imports in kind, t

The import market for copper screws, bolts and nuts in Sweden showed volatility during the observed period. Imports reached their lowest point in 2018 at 197 tonnes, then increased by 19.3% in 2019 to 235 tonnes, and grew further by 5.5% in 2020 to 248 tonnes. The most significant decline occurred in 2018 with a 78.8% drop, while the period from 2017 to 2018 saw a 4.7-fold difference between peak and trough volumes.

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

Throughout 2017-2020, Norway (46.7% of import volume), China (10.7%), and Denmark (10.1%) were the main sources for Sweden's copper screws, bolts and nuts imports. These three countries together represented 67.4% of total import flows.

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

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

Imports in value, K $ US

Sweden's imports of copper screws, bolts and nuts increased for the second consecutive year. In 2020, imports amounted to 4 137 thousand US dollars, up 12.8% year-over-year. The lowest value was recorded in 2018 at 3 117 thousand US dollars, which represented a 25.4% decline from the previous year. This was followed by a 17.6% increase in 2019.

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

From 2017 to 2020, Finland (22.6% of import value), Germany (21.7%), and China (16.3%) consistently served as the primary sources for Sweden's copper screws, bolts and nuts imports. Together, these three countries accounted for 60.6% of total import value.

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

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