China: Copper Screw Market 2025

Copper Screw Market Size in China

In 2021, the Chinese copper screw market decreased by -0.5% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Copper Screw Production in China

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 +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 12% against the previous year. Copper screw production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Copper Screw Exports

Exports from China

Copper screw exports from China expanded rapidly to X tons in 2021, picking up by 13% compared with the previous year. The total export volume increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 28%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, copper screw exports surged to $X in 2021. Overall, total exports indicated a tangible increase from 2012 to 2021: its value 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Thailand (X tons) and Japan (X tons) were the main destinations of copper screw exports from China, together accounting for 33% of total exports. These countries were followed by Germany, Vietnam, the UK, India, Malaysia, South Korea, Mexico, Singapore, Egypt and Indonesia, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +37.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Vietnam ($X) and Japan ($X) were the largest markets for copper screw exported from China worldwide, together comprising 36% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of +41.6%, saw the highest growth rate of 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 average copper screw export price amounted to $X per ton, surging by 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Egypt ($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 Vietnam (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports

Imports into China

In 2021, supplies from abroad of copper screws, bolts and nuts was finally on the rise to reach X tons after four years of decline. Overall, imports, however, showed a perceptible descent. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, copper screw imports skyrocketed to $X in 2021. In general, imports, however, showed a mild setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest supplier of copper screw to China, with a 31% share of total imports. Moreover, copper screw imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.9% per year) and the United States (-6.8% per year).

In value terms, the largest copper screw suppliers to China were Japan ($X), Germany ($X) and the United States ($X), together comprising 42% of total imports. These countries were followed by South Korea, France, the UK, Italy, Australia, Norway and Denmark, which together accounted for a further 9.3%.

In terms of the main suppliers, Australia, with a CAGR of +31.3%, saw the highest growth rate of 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

The average copper screw import price stood at $X per ton in 2021, picking up by 2.5% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2019 when the average import price increased by 13% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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