Sep 7, 2025
IndexBox has just published a new report: United Kingdom – Iron Or Steel Self-Tapping Screws – Market Analysis, Forecast, Size, Trends And Insights.
The UK market for iron or steel self-tapping screws is on a steady growth trajectory, forecast to expand at a CAGR of +1.1% in volume, reaching 76K tons by 2035, and +1.8% in value, reaching $872M by 2035. In 2024, the market demonstrated strong performance with consumption totaling 67K tons (a 5.8% increase) and market revenue surging to $713M (a 31% increase). Domestic production saw a significant 21% boost to 48K tons, valued at $538M. The UK remains a net importer, with 2024 imports declining to 21K tons (valued at $132M), primarily sourced from Taiwan (42% of import value), Germany (21%), and China (11%). Exports were smaller at 2.2K tons but high-value, totaling $26M, with Turkey, Ireland, and France as the main destinations. A key market trend is the rising average import and export prices, indicating a potential shift towards higher-value products within the sector.
Key Findings
UK self-tapping screw market driven by rising demand for iron and steel variantsMarket consumption expected to grow steadily over the next ten yearsVolume projected to reach 76K tons by 2035 with a +1.1% CAGRMarket value forecast to hit $872M by 2035 with a +1.8% CAGRCurrent positive performance trend pattern is anticipated to continueMarket Forecast
Driven by increasing demand for iron or steel self-tapping screws in the UK, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.1% for the period from 2024 to 2035, which is projected to bring the market volume to 76K tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.8% for the period from 2024 to 2035, which is projected to bring the market value to $872M (in nominal wholesale prices) by the end of 2035.
ConsumptionUnited Kingdom’s Consumption of Iron Or Steel Self-Tapping Screws
Metal self-tapping screw consumption in the UK totaled 67K tons in 2024, with an increase of 5.8% compared with the previous year. The total consumption volume increased at an average annual rate of +1.9% over the period from 2013 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The revenue of the metal self-tapping screw market in the UK surged to $713M in 2024, growing by 31% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.7% over the period from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
ProductionUnited Kingdom’s Production of Iron Or Steel Self-Tapping Screws
In 2024, production of iron or steel self-tapping screws increased by 21% to 48K tons, rising for the second consecutive year after two years of decline. Over the period under review, the total production indicated modest growth from 2013 to 2024: its volume increased at an average annual rate of +1.7% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production increased by +50.9% against 2022 indices. The growth pace was the most rapid in 2020 when the production volume increased by 31%. Over the period under review, production attained the maximum volume in 2024 and is expected to retain growth in the near future.
In value terms, metal self-tapping screw production soared to $538M in 2024 estimated in export price. Overall, production continues to indicate buoyant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.
ImportsUnited Kingdom’s Imports of Iron Or Steel Self-Tapping Screws
In 2024, metal self-tapping screw imports into the UK declined dramatically to 21K tons, with a decrease of -19.4% compared with the year before. In general, total imports indicated a slight expansion from 2013 to 2024: its volume increased at an average annual rate of +1.9% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -28.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 27% against the previous year. Imports peaked at 38K tons in 2018; however, from 2019 to 2024, imports stood at a somewhat lower figure.
In value terms, metal self-tapping screw imports reduced to $132M in 2024. Over the period under review, total imports indicated a notable expansion from 2013 to 2024: its value increased at an average annual rate of +4.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -20.9% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $167M. From 2022 to 2024, the growth of imports remained at a lower figure.
Imports By Country
Taiwan (Chinese) (8.2K tons), Germany (5.8K tons) and China (3.5K tons) were the main suppliers of metal self-tapping screw imports to the UK, with a combined 82% share of total imports.
From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +56.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Taiwan (Chinese) ($56M) constituted the largest supplier of iron or steel self-tapping screws to the UK, comprising 42% of total imports. The second position in the ranking was taken by Germany ($27M), with a 21% share of total imports. It was followed by China, with an 11% share.
From 2013 to 2024, the average annual growth rate of value from Taiwan (Chinese) stood at +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.1% per year) and China (+50.9% per year).
Import Prices By Country
In 2024, the average metal self-tapping screw import price amounted to $6,206 per ton, picking up by 16% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 19% against the previous year. The import price peaked in 2024 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($13,593 per ton), while the price for Ireland ($2,929 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Austria (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
ExportsUnited Kingdom’s Exports of Iron Or Steel Self-Tapping Screws
In 2024, approx. 2.2K tons of iron or steel self-tapping screws were exported from the UK; which is down by -15.6% against the year before. Over the period under review, exports showed a mild downturn. The pace of growth was the most pronounced in 2016 when exports increased by 18%. The exports peaked at 3.9K tons in 2019; however, from 2020 to 2024, the exports remained at a lower figure.
In value terms, metal self-tapping screw exports soared to $26M in 2024. The total export value increased at an average annual rate of +3.0% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 26% against the previous year. The exports peaked at $33M in 2018; however, from 2019 to 2024, the exports failed to regain momentum.
Exports By Country
Turkey (760 tons) was the main destination for metal self-tapping screw exports from the UK, with a 35% share of total exports. Moreover, metal self-tapping screw exports to Turkey exceeded the volume sent to the second major destination, France (375 tons), twofold. The third position in this ranking was taken by Ireland (337 tons), with a 16% share.
From 2013 to 2024, the average annual rate of growth in terms of volume to Turkey amounted to +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.7% per year) and Ireland (-4.6% per year).
In value terms, Turkey ($5.5M), Ireland ($4.9M) and France ($4.6M) appeared to be the largest markets for metal self-tapping screw exported from the UK worldwide, together comprising 57% of total exports. Germany, Australia, the United States, Poland, the Czech Republic, Italy, the Netherlands, Spain and Sweden lagged somewhat behind, together comprising a further 24%.
Australia, with a CAGR of +17.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices By Country
The average metal self-tapping screw export price stood at $12,095 per ton in 2024, rising by 37% against the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +4.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2024, amid the top suppliers, the country with the highest price was Italy ($35,364 per ton), while the average price for exports to Poland ($7,017 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.