Threaded nuts market in Czechia

Earlier Report Observations

The market for iron or steel threaded nuts in Czechia showed considerable volatility in physical volume between 2018 and 2024. Starting at 21 906 tonnes in 2018, market size fell to 17 162 tonnes in 2020, then partially recovered to 19 599 tonnes in 2023 before dropping to 17 463 tonnes in 2024.

In value terms, the market exhibited a different trajectory, declining from 113.4 million $ in 2018 to 91.3 million $ in 2020, then rising consistently to reach 115.4 million $ in 2024. This divergence between volume and value points to significant changes in average prices or the product mix over the period.

Domestic production remained limited, ranging from 1 300 to 2 300 tonnes per year, while imports—which supplied the majority of the market—fluctuated between 22 000 and 30 000 tonnes annually, underscoring the market's reliance on foreign supply.

Production threaded nuts in Czechia

In value, 2018-2021, K $ US

Czechia's threaded nuts production increased in 2021 after two consecutive years of decline. The output was valued at 14 561 thousand US dollars, representing a significant 48.0% increase compared to 2020. Over the 2018-2021 period, production decreased by 2.8%, with an average annual growth rate of 0.9%. The lowest value was recorded in 2020 at 9 835 thousand US dollars, which also saw the largest decline of 21.1%.

Annual dynamics of production in Czechia in value, 2018-2021, K $ US

In kind, 2018-2021, t

In 2021, Czechia produced 1 725 tonnes of threaded nuts, marking a 39.8% increase from the previous year. Between 2018 and 2021, production decreased by 9.2%, equivalent to an annualized rate of 3.2%. The lowest output was recorded in 2020 at 1 234 tonnes, while the highest was in 2019 at 2 283 tonnes. The most substantial decline occurred in 2020, with a drop of 45.9%.

Annual dynamics of production in Czechia in kind, 2018-2021, t

Exports threaded nuts from Czechia

Exports in kind, t

In 2021, Czechia's exports of threaded nuts reached 6 929 tonnes, showing a modest year-over-year increase of 5.8%. Over the 2018-2021 period, exports decreased by 35.3%, with an average annual decline of 13.5%. The lowest export volume was recorded in 2020 at 6 548 tonnes, while the highest was in 2019 at 11 334 tonnes. The largest decline occurred in 2020 with a 42.2% drop, whereas the most significant increase was in 2019 at 5.8%.

Annual dynamics of product's exports from Czechia in kind, 2018-2021, t

From 2018 to 2021, Germany, Poland, and Slovakia were the leading destinations for Czechia's threaded nuts exports in kind. Germany accounted for 26.7% of exports, Poland for 22.9%, and Slovakia for 11.6%. Together, these three countries represented 61.2% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Czechia in kind, 2018-2021

Exports in value, M $ US

In 2021, Czechia's threaded nuts exports amounted to 40.3 million US dollars, reflecting a robust 25.0% increase from the previous year. Between 2018 and 2021, exports grew by 17.3%, with an average annual growth rate of 5.5%. The lowest value was recorded in 2020 at 32.2 million US dollars, while the highest was in 2019 at 42.8 million US dollars. The largest decline occurred in 2020, with a drop of 24.7%.

Annual dynamics of product's exports from Czechia in value, 2018-2021, M $ US

From 2018 to 2021, Germany, Poland, and Slovakia were the main destinations for Czechia's threaded nuts exports in value terms. Germany accounted for 26.3% of exports, Poland for 20.5%, and Slovakia for 13.9%. Collectively, these three countries represented 60.7% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Czechia in value, 2018-2021

Imports threaded nuts to Czechia

Imports in kind, t

Czechia's threaded nuts imports increased in 2021 after a two-year decline, reaching 22 850 tonnes, up by 1.7% from the previous year. Over the 2018-2021 period, imports decreased by 25.6%, with an average annual decline of 9.4%. The lowest import volume was recorded in 2020 at 22 475 tonnes, which also saw the largest decline of 25.8%.

Annual dynamics of product's imports to Czechia in kind, 2018-2021, t

From 2018 to 2021, the leading sources for threaded nuts imports to Czechia in kind were Germany, China, and Asia, not elsewhere specified. Germany accounted for 28.2% of imports, China for 23.0%, and Asia, not elsewhere specified for 9.7%. Together, these sources made up 60.9% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Czechia in kind, 2018-2021

Imports in value, M $ US

In 2021, Czechia's imports of threaded nuts amounted to 134.8 million US dollars, an 18.5% increase from the previous year. The lowest import value was recorded in 2020 at 113.7 million US dollars, which also experienced the largest decline of 14.6%.

Annual dynamics of product's imports to Czechia in value, 2018-2021, M $ US

From 2018 to 2021, Germany, France, and China were the top suppliers of threaded nuts to Czechia in value terms. Germany accounted for 34.5% of imports, France for 10.2%, and China for 10.0%. Together, these three countries represented 54.6% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Czechia in value, 2018-2021