United Kingdom: Copper Screw Market 2025

Copper Screw Market Size in the UK

In 2021, the UK copper screw market increased by 140% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Copper screw consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Copper Screw Production in the UK

In value terms, copper screw production expanded sharply to $X in 2021 estimated in export price. In general, production, however, saw a dramatic decrease. Copper screw production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Copper Screw Exports

Exports from the UK

In 2021, approx. X tons of copper screws, bolts and nuts were exported from the UK; approximately equating 2020. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by 51%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, copper screw exports soared to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.9% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of 56% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Ireland (X tons), France (X tons) and Germany (X tons) were the main destinations of copper screw exports from the UK, together comprising 43% of total exports. The Netherlands, the Czech Republic, the United Arab Emirates, Romania, China, India, Mexico, the United States, Austria and Saudi Arabia lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +39.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper screw exported from the UK were Germany ($X), Ireland ($X) and France ($X), together accounting for 31% of total exports. These countries were followed by the Netherlands, the United States, the Czech Republic, Mexico, Romania, India, Austria, China, the United Arab Emirates and Saudi Arabia, which together accounted for a further 39%.

In terms of the main countries of destination, Mexico, with a CAGR of +56.0%, 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, rising by 20% against the previous year. Overall, the export price enjoyed a modest increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ireland ($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 Mexico (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports

Imports into the UK

In 2021, supplies from abroad of copper screws, bolts and nuts was finally on the rise to reach X tons after three years of decline. Over the period under review, imports showed measured growth. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, copper screw imports soared to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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) constituted the largest copper screw supplier to the UK, with a 46% share of total imports. Moreover, copper screw imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.9% per year) and Taiwan (Chinese) (+7.2% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and India ($X) appeared to be the largest copper screw suppliers to the UK, together accounting for 70% of total imports.

Taiwan (Chinese), with a CAGR of +13.3%, saw the highest growth rate of the value of imports, in terms of 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 copper screw import price stood at $X per ton in 2021, waning by -22.9% against the previous year. In general, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then reduced sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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