China: Threaded Copper Articles Market 2025

Threaded Copper Articles Market Size in China

The Chinese threaded copper articles market declined modestly to $X in 2022, waning by -1.7% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Threaded Copper Articles Production in China

In value terms, threaded copper articles production shrank slightly to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2016 when the production volume increased by 42%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Threaded Copper Articles Exports

Exports from China

In 2022, overseas shipments of threaded articles of copper increased by 32% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, threaded copper articles exports skyrocketed to $X in 2022. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Saudi Arabia (X tons), Madagascar (X tons) and the United States (X tons) were the main destinations of threaded copper articles exports from China, with a combined 40% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (with a CAGR of +6,826.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Saudi Arabia ($X) and Vietnam ($X) were the largest markets for threaded copper articles exported from China worldwide, together comprising 34% of total exports. Russia, Germany, Argentina, the Netherlands, Italy, India, the UK, Madagascar, South Korea and Bangladesh lagged somewhat behind, together comprising a further 35%.

Madagascar, with a CAGR of +7,152.0%, 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

In 2022, the average threaded copper articles export price amounted to $X per ton, picking up by 3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Copper Articles Imports

Imports into China

For the third consecutive year, China recorded growth in purchases abroad of threaded articles of copper, which increased by 6.6% to X tons in 2022. Overall, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by 43%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, threaded copper articles imports shrank to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

India (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of threaded copper articles imports to China, with a combined 54% share of total imports. Slovenia, the United States, Canada and South Korea lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +180.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and the United States ($X) constituted the largest threaded copper articles suppliers to China, with a combined 54% share of total imports. Slovenia, India, Canada and South Korea lagged somewhat behind, together comprising a further 14%.

Slovenia, with a CAGR of +147.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average threaded copper articles import price stood at $X per ton in 2022, reducing by -14.2% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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