Asia: Copper Screw Market 2025

Copper Screw Market Size in Asia

The Asian copper screw market rose markedly to $X in 2021, growing by 5.1% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Copper Screw Production in Asia

In value terms, copper screw production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Copper Screw Exports

Exports in Asia

In 2021, copper screw exports in Asia surged to X tons, growing by 34% on 2020 figures. The total export volume increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper screw exports soared to $X in 2021. The total export value increased at an average annual rate of +5.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Taiwan (Chinese) represented the major exporter of copper screws, bolts and nuts in Asia, with the volume of exports finishing at X tons, which was approx. 48% of total exports in 2021. It was distantly followed by China (X tons) and India (X tons), together mixing up a 39% share of total exports. Singapore (X tons), Japan (X tons) and South Korea (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 82% share of total exports.

In terms of the main exporting countries, India, with a CAGR of +16.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, growing by 16% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.7%), while the other leaders experienced more modest paces of growth.

Copper Screw Imports

Imports in Asia

For the third consecutive year, Asia recorded growth in overseas purchases of copper screws, bolts and nuts, which increased by 18% to X tons in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% 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 +20.0% against 2017 indices. The pace of growth was the most pronounced in 2017 when imports increased by 50%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, copper screw imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Indonesia (X tons) and the Philippines (X tons) were the main importers of copper screws, bolts and nuts in Asia, together recording near 35% of total imports. Saudi Arabia (X tons) held the next position in the ranking, followed by Singapore (X tons), Malaysia (X tons), Japan (X tons), China (X tons), Vietnam (X tons) and India (X tons). All these countries together took approx. 46% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2021, with a combined 47% share of total imports. Vietnam, the Philippines, Singapore, India, Malaysia and Saudi Arabia lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, India, with a CAGR of +26.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a mild decline. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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