Threaded nuts market in Italy

Earlier Report Observations

The Italian threaded nuts market exhibited considerable volatility from 2018 to 2024. Starting at 104.5 million US dollars in 2018, the market size surged by over 50% the following year to reach 161.3 million US dollars.

This growth was followed by a two-year decline, with the market contracting to 128.2 million US dollars by 2021. However, 2022 marked a sharp reversal, as the market jumped 54% to a peak of 197.6 million US dollars.

After the 2022 peak, the market shrank by 10% in 2023 to 177.5 million US dollars, and then collapsed by nearly half in 2024, falling to 97.3 million US dollars, which was below the 2018 starting level.

Production threaded nuts in Italy

In value, 2017-2020, M $ US

In 2020, Italy's production of threaded nuts was valued at 212.9 million US dollars, marking a modest decline of 8.1% compared to the previous year. Over the period from 2017 to 2020, production grew by 29.2%, with an average annual growth rate of 8.9%. The lowest value was recorded in 2018 at 147.7 million US dollars, while the highest was in 2019 at 231.6 million US dollars. The largest decrease occurred in 2018, falling by 10.4%, and the largest increase was in 2019, rising by 56.8%.

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

In kind, 2017-2020, K t

Market performance showed significant fluctuations during this period. Production reached its lowest point in 2018 at 30.5 thousand tonnes and peaked in 2019 at 323.4 thousand tonnes, with a 10.6-fold difference between these years. In 2020, Italy produced 41.8 thousand tonnes of threaded nuts, representing a sharp year-over-year decline of 87.1%. The largest increase was recorded in 2019, surging by 961.0%.

Annual dynamics of production in Italy in kind, 2017-2020, K t

Exports threaded nuts from Italy

Exports in kind, t

After two years of growth, the volume of threaded nuts exported from Italy declined. In 2020, export volume stood at 23 980 tonnes, down by 14.2% compared to the previous year. Between 2017 and 2020, exports decreased by 6.5%, equivalent to an annualized rate of 2.2%. The highest value was recorded in 2019 at 27 939 tonnes, and the largest increase occurred in 2018, rising by 5.8%.

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

From 2017 to 2020, Germany, France, and Poland were the largest buyers of threaded nuts from Italy in terms of volume. Germany accounted for 23.1% of exports, France for 16.7%, and Poland for 10.8%. Together, these three countries represented 50.6% of Italy's total exports in kind.

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

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

Exports in value, M $ US

Following two years of increase, Italy's cross-border shipments of threaded nuts declined. In 2020, exports totaled 186.4 million US dollars, indicating a controlled decrease of 6.9% versus the previous year. Over the period from 2017 to 2020, exports grew by 8.1%, with a compound annual growth rate of 2.6%. The maximum value was recorded in 2019 at 200.1 million US dollars, and the largest increase occurred in 2018, rising by 15.0%.

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

Throughout 2017 to 2020, Germany, France, and the United States remained Italy's key export partners in value terms. Germany accounted for 21.1% of exports, France for 15.0%, and the United States for 14.2%. Collectively, these three countries represented 50.3% of Italy's total export flows.

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

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

Imports threaded nuts to Italy

Imports in kind, t

Imported volumes of threaded nuts into Italy declined for the second consecutive year. In 2020, import volume stood at 37 533 tonnes, down by 16.4% year-over-year. Between 2017 and 2020, imports decreased by 23.3%, equating to an annualized rate of 8.4%. The highest value was recorded in 2018 at 50 973 tonnes, and the largest increase occurred in 2018, rising by 4.2%.

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

From 2017 to 2020, China, Asia (not elsewhere specified), and Germany were the main sources of Italy's imports in kind. China accounted for 50.9% of imports, Asia (not elsewhere specified) for 19.2%, and Germany for 11.0%. Together, these three sources represented 81.1% of Italy's total import flows.

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

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

Imports in value, M $ US

Imported volumes of threaded nuts into Italy declined for the second year in a row. In 2020, imports reached 111.7 million US dollars, representing a significant contraction of 13.9% compared to 2019. Over the period from 2017 to 2020, imports decreased by 16.1%, with a compound annual growth rate of -5.7%. The maximum value was recorded in 2018 at 155.1 million US dollars. The largest decline occurred in 2019, falling by 16.3%, while the largest increase was in 2018, rising by 16.5%.

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

In 2017 to 2020, China, Asia (not elsewhere specified), and Germany were the largest suppliers of threaded nuts to Italy in value terms. China accounted for 31.9% of imports, Asia (not elsewhere specified) for 17.7%, and Germany for 17.5%. Together, these three suppliers formed 67.2% of Italy's total imports in value terms.

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

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