Argentina: Copper Screw Market 2025

Copper Screw Market Size in Argentina

The Argentinian copper screw market skyrocketed to $X in 2021, growing by 80% 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). Overall, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Copper Screw Exports

Exports from Argentina

For the third consecutive year, Argentina recorded decline in overseas shipments of copper screws, bolts and nuts, which decreased by -58.9% to X tons in 2021. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by 50%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper screw exports fell notably to $X in 2021. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 118% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for copper screw exports from Argentina, accounting for a 76% share of total exports. Moreover, copper screw exports to Uruguay exceeded the volume sent to the second major destination, Chile (X kg), fourfold. Mexico (X kg) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay stood at -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+8.8% per year) and Mexico (-0.3% per year).

In value terms, Uruguay ($X) remains the key foreign market for copper screws, bolts and nuts exports from Argentina, comprising 72% of total exports. The second position in the ranking was held by Mexico ($X), with an 11% share of total exports. It was followed by Chile, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Uruguay amounted to -17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-3.6% per year) and Chile (-8.1% per year).

Export Prices by Country

In 2021, the average copper screw export price amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 115%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Screw Imports

Imports into Argentina

In 2021, supplies from abroad of copper screws, bolts and nuts increased by 47% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper screw imports surged to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.7% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of copper screw to Argentina, with a 96% share of total imports. It was followed by France (X tons), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.2% per year) and Italy (-13.2% per year).

In value terms, China ($X) constituted the largest supplier of copper screws, bolts and nuts to Argentina, comprising 82% of total imports. The second position in the ranking was taken by France ($X), with an 8.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.9% per year) and Italy (-9.0% per year).

Import Prices by Country

In 2021, the average copper screw import price amounted to $X per ton, rising by 39% against the previous year. Overall, the import price, however, saw a abrupt contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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