France: Copper Screw Market 2024

Copper Screw Market Size in France

The French copper screw market skyrocketed to $X in 2021, with an increase of 27% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Copper screw consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Copper Screw Production in France

In value terms, copper screw production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed a resilient expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Copper Screw Exports

Exports from France

In 2021, shipments abroad of copper screws, bolts and nuts increased by 62% to X tons, rising for the third consecutive year after three years of decline. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 121%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, copper screw exports skyrocketed to $X in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 191% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Tunisia (X tons) was the main destination for copper screw exports from France, with a 35% share of total exports. Moreover, copper screw exports to Tunisia exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was held by Poland (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to Tunisia amounted to +54.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+52.0% per year) and Poland (+14.9% per year).

In value terms, Tunisia ($X) remains the key foreign market for copper screws, bolts and nuts exports from France, comprising 60% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.5% share of total exports. It was followed by the Philippines, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tunisia amounted to +86.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.0% per year) and the Philippines (+92.4% per year).

Export Prices by Country

In 2021, the average copper screw export price amounted to $X per ton, declining by -2.8% against the previous year. Over the period under review, the export price, however, saw resilient growth. The growth pace was the most rapid in 2017 an increase of 62% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then reduced modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Portugal ($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 Tunisia (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports

Imports into France

Copper screw imports into France skyrocketed to X tons in 2021, jumping by 34% compared with 2020. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +45.6% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 42%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, copper screw imports surged to $X in 2021. The total import value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of copper screw to France, with a 57% share of total imports. Moreover, copper screw imports from Italy exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+4.8% per year) and China (-2.2% per year).

In value terms, Italy ($X), Taiwan (Chinese) ($X) and Germany ($X) constituted the largest copper screw suppliers to France, together comprising 62% of total imports. These countries were followed by China, Spain, the UK and India, which together accounted for a further 30%.

In terms of the main suppliers, the UK, with a CAGR of +38.3%, 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

In 2021, the average copper screw import price amounted to $X per ton, surging by 6.6% against the previous year. In general, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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