Threaded nuts market in Germany

Earlier Report Observations

The market for iron or steel threaded nuts in Germany showed considerable volatility between 2018 and 2024. Starting at a size of $492 million in 2018, it contracted sharply over the next two years, falling to $283 million by 2020—a decline of over 40%. This downward trend reversed in 2021, with the market expanding to $382 million and further to $469 million in 2022, recovering most of the earlier losses.

This recovery was driven by a rebound in domestic production, which increased from $573 million in 2020 to $686 million in 2021, and by rising imports, which grew from $532 million to $688 million over the same period. However, strong export volumes, consistently exceeding $900 million annually, meant the domestic market size remained smaller than the total production and trade flows would suggest.

By 2024, the market had contracted again to $330 million, below its 2018 level. The period was characterized by significant swings, with the market experiencing a deep trough in 2020, a strong two-year recovery, and then another notable downturn.

Production threaded nuts in Germany

In value, 2017-2020, M $ US

Germany's threaded nuts production declined for the second year in a row. In 2020, output was valued at 573.0 million US dollars, representing a significant 15.5% decrease compared to 2019. Over the 2017-2020 period, production fell by 17.5%, with a compound annual growth rate of -6.2%. The highest production value was recorded in 2018 at 754.2 million US dollars, which also saw the largest annual increase of 8.5%.

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

Exports threaded nuts from Germany

Exports in kind, K t

Germany's threaded nuts exports decreased for the second consecutive year. In 2020, the country exported 100.8 thousand tonnes, marking a 12.5% year-over-year decline. From 2017 to 2020, exports dropped by 12.5%, with a compound annual growth rate of -4.3%. The peak export volume occurred in 2018 at 116.9 thousand tonnes, which also experienced the largest annual increase of 1.5%.

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

Between 2017 and 2020, Germany's threaded nuts exports were distributed across multiple markets rather than concentrated on a few key destinations. France accounted for 13.2% of exports in volume, China for 9.4%, and Poland for 6.7%. Together, these three countries represented only 29.3% 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, M $ US

Germany's threaded nuts exports declined for the second year running. In 2020, export value stood at 822.2 million US dollars, showing a controlled drop of 9.6% compared to the previous year. The highest export value was recorded in 2018 at 916.0 million US dollars, which also saw the largest annual increase of 10.6%.

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

From 2017 to 2020, the largest buyers of threaded nuts from Germany in value terms were China with 13.5% of exports, France with 10.7%, and the United States with 7.2%. However, these three markets were not dominant, as they together accounted for just 31.4% of total export value, with numerous smaller partners making up the remainder.

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

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

Imports threaded nuts to Germany

Imports in kind, K t

Germany's threaded nuts imports fell for the second consecutive year. In 2020, imports amounted to 120.7 thousand tonnes, indicating a strong decline of 12.4% versus 2019. Over the 2017-2020 period, imports decreased by 19.2%, with a compound annual growth rate of -6.9%. The maximum import volume was recorded in 2018 at 155.6 thousand tonnes, which also had the largest annual increase of 4.1%.

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

During 2017-2020, the largest sources of threaded nuts imports to Germany by volume were Asia, not elsewhere specified, with 30.2% of imports, China with 23.8%, and the Netherlands with 13.3%. Together, these three regions comprised 67.3% 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, M $ US

Germany's threaded nuts imports declined for the second year in a row. In 2020, import value was approximately 531.8 million US dollars, marking a robust drop of 10.5% compared to 2019. From 2017 to 2020, imports decreased by 8%, with a compound annual growth rate of -2.8%. The peak import value occurred in 2018 at 653.4 million US dollars, which also saw the largest annual increase of 13.0%.

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

Between 2017 and 2020, threaded nuts were imported into Germany from a broad set of markets. Asia, not elsewhere specified, accounted for 21.3% of imports in value terms, China for 14.2%, and the Netherlands for 8.7%. Together, these three sources represented only 44.3% of total import value, while many smaller destinations contributed the remaining 55.7%.

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

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