Rivets market in Germany

Earlier Report Observations

The market for iron or steel rivets in Germany experienced significant fluctuations between 2018 and 2023. Volume shrank from 29.0 thousand tons in 2018 to 22.5 thousand tons in 2020, reflecting a broader downturn. A recovery followed, lifting the market to 27.0 thousand tons by 2022, but this gain was reversed in 2023 when volume dropped sharply to 20.8 thousand tons. In value terms, the pattern was similar, starting at $124.5 million in 2018, falling to $95.7 million in 2020, rebounding to $117.6 million in 2022, and then declining to $112.0 million in 2023.

In 2024, the market stabilized at 20.3 thousand tons in volume and $113.9 million in value. The slight physical contraction was primarily driven by weaker demand from the construction sector, where falling revenues and reduced machinery orders lowered rivet consumption. At the same time, stable steel prices throughout the year helped maintain the market's monetary value despite the lower volume.

Production rivets in Germany

In value, 2017-2020, M $ US

Germany's rivets production declined for the second consecutive year. In 2020, output was valued at 180.3 million US dollars, marking a 9.1% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 10.5%, with an average annual decline of 3.6%. The highest value was recorded in 2018 at 226.9 million US dollars, which saw a 12.7% increase that year. The largest decline occurred in 2019, with a drop of 12.6%.

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

In kind, 2017-2020, t

Germany's rivets production declined for the second consecutive year. In 2020, 29,267 tonnes of rivets were produced, representing a 16.8% decrease year-on-year. Between 2017 and 2020, production decreased by 22.9%, equating to an average annual decline of 8.3%. The peak was in 2018 with 38,711 tonnes, which saw a 2.0% increase that year.

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

Exports rivets from Germany

Exports in kind, t

Germany's rivets export volume declined for the second consecutive year. In 2020, exports amounted to 15,296 tonnes, down by 16.8% compared to the previous year. Over the period from 2017 to 2020, exports decreased by 20%, with an average annual decline of 7.2%. The highest volume was recorded in 2018 at 19,826 tonnes, which experienced a 3.7% increase that year.

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

From 2017 to 2020, the export market for rivets in kind was highly diversified. The top three destinations—Czechia (11.8% of exports in kind), Hungary (10.2%), and Slovakia (9.6%)—collectively accounted for just 31.6% of total flows. The remaining 68.4% was distributed among numerous other countries.

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

Germany's rivets export value declined for the second consecutive year. In 2020, exports totaled 131.0 million US dollars, reflecting a 10.0% decrease compared to 2019. Over the period from 2017 to 2020, exports decreased by 6.2%, with an average annual decline of 2.1%. The peak value was in 2018 at 160.6 million US dollars, which saw a 15.0% increase that year.

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

From 2017 to 2020, the geographical structure of rivets exports in value terms was highly diversified. The top three markets—China (13.3% of exports in value terms), Slovakia (12.7%), and Czechia (10.7%)—together accounted for only 36.6% of total flows. The remaining 63.4% was spread across 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 rivets to Germany

Imports in kind, t

Germany's rivets import volume declined for the second consecutive year. In 2020, imports were recorded at 8,514 tonnes, showing a modest decrease of 9.3% compared to 2019. Between 2017 and 2020, imports decreased by 4.2%, equating to an average annual decline of 1.4%. The highest volume was in 2018 at 10,081 tonnes, which experienced a 13.5% increase that year.

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

From 2017 to 2020, Slovenia (24.9% of imports in kind), the Netherlands (14.8%), and Switzerland (11.3%) were the primary suppliers of rivets to Germany. Together, they accounted for 51.0% of total imports in kind.

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 rivets import value declined. In 2020, imports totaled 46.4 million US dollars, marking a significant reduction of 20.4% compared to 2019. Over the period from 2017 to 2020, imports decreased by 15.5%, with an average annual decline of 5.5%. The peak value was in 2019 at 58.2 million US dollars, while the largest increase occurred in 2018 with a 6.0% rise.

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

From 2017 to 2020, the United Kingdom (16.7% of imports in value terms), the United States (11.3%), and Slovenia (10.4%) played notable roles as suppliers of rivets to Germany. However, their joint share reached only 38.5% of total imports in value terms, indicating a diversified import structure.

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

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