We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Hong Kong SAR, China - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Hong Kong SAR, China - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
May 21, 2023

Copper Screw Price in Hong Kong Grows Significantly to $68.7 per kg

Hong Kong Copper Screw Export Price in January 2023

In January 2023, the copper screw price stood at $68,681 per ton (FOB, Hong Kong), surging by 55% against the previous month. Over the period under review, the export price, however, showed a mild descent. The growth pace was the most rapid in August 2022 when the average export price increased by 133% m-o-m. As a result, the export price attained the peak level of $131K per ton. From September 2022 to January 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($86,402 per ton), while the average price for exports to the United States ($32,337 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Copper Screw in Hong Kong (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
China98,55363,757103,21088,95786,69289,71461,701150,72877,95944,60695,01447,37786,402
Germany58,896N/A28,0557,99041,86526,30285,0008,66851,6838,78913,28116,38381,158
GreeceN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A43,088
Vietnam71,40351,41482,56153,29418,17725,06944,4956,882637,56263,07373,33435,00439,231
United States20,04431,76838,87514,00321,93723,11818,78633,76634,42227,84959,35029,21432,337
Average85,61960,32984,96855,91472,78482,17056,432131,22187,11044,17983,68344,26168,681

Hong Kong Copper Screw Exports

In January 2023, approximately 4.2 tons of copper screws, bolts and nuts were exported from Hong Kong; which is down by -66.8% against December 2022 figures. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in December 2022 with an increase of 172% against the previous month.

In value terms, copper screw exports dropped significantly to $291K (IndexBox estimates) in January 2023. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in August 2022 when exports increased by 87% m-o-m.

Hong Kong Copper Screw Exports by Country

China (2.5 tons) was the main destination for copper screw exports from Hong Kong, with a 59% share of total exports. Moreover, copper screw exports to China exceeded the volume sent to the second major destination, the United States (1 tons), twofold. The third position in this ranking was held by Vietnam (202 kg), with a 4.8% share.

From January 2022 to January 2023, the average monthly rate of growth in terms of volume to China amounted to -13.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+0.9% per month) and Vietnam (-8.7% per month).

In value terms, China ($215K) remains the key foreign market for copper screw exports from Hong Kong, comprising 74% of total exports. The second position in the ranking was taken by the United States ($33K), with an 11% share of total exports. It was followed by Germany, with a 5.4% share.

From January 2022 to January 2023, the average monthly growth rate of value to China totaled -14.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+5.0% per month) and Germany (+8.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper screw market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Copper Screws, Bolts And Nuts - Hong Kong SAR
Table
Copper Screws, Bolts And Nuts - Hong Kong SAR - Table
Dashboard
Copper Screws, Bolts And Nuts - Hong Kong SAR - Dashboard
Report
Copper Screws, Bolts And Nuts - Hong Kong SAR - Report