Thailand - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Screw Price in Thailand - 2023
Contents:
- Copper Screw Price in Thailand (CIF) - 2023
- Copper Screw Price in Thailand (FOB) - 2022
- Copper Screw Imports in Thailand
- Copper Screw Exports in Thailand
Copper Screw Price in Thailand (CIF) - 2023
The average copper screw import price stood at $16,307 per ton in September 2023, rising by 11% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% month-to-month. Over the period under review, average import prices hit record highs at $18,372 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($31,523 per ton), while the price for India ($12,723 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Screw Price in Thailand (FOB) - 2022
In 2022, the average copper screw export price amounted to $7,107 per ton, falling by -30.3% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 113% against the previous year. Over the period under review, the average export prices hit record highs at $10,819 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 Hong Kong SAR ($18,117 per ton), while the average price for exports to Sri Lanka ($1,591 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 South Korea (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Screw Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of copper screws, bolts and nuts, which increased by 4.9% to 771 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, copper screw imports skyrocketed to $13M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Copper Screw in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 1.9 | 4.3 | 5.8 | 57.0% |
| Taiwan (Chinese) | 1.3 | 1.0 | 1.7 | 1.9 | 13.5% |
| India | 0.6 | 1.1 | 1.1 | 1.6 | 38.7% |
| Japan | 1.3 | 1.1 | 1.2 | 1.4 | 2.5% |
| Germany | N/A | 0.5 | 1.7 | 1.0 | 41.4% |
| Turkey | N/A | N/A | 0.2 | 0.7 | 250.0% |
| South Korea | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Total | 5.4 | 6.4 | 11.1 | 13.1 | 34.4% |
Top Suppliers of Copper Screw to Thailand in 2022:
- China (323.4 tons)
- India (144.8 tons)
- Taiwan (Chinese) (116.0 tons)
- Germany (58.4 tons)
- Turkey (56.1 tons)
- Japan (46.3 tons)
- South Korea (20.3 tons)
Copper Screw Exports in Thailand
In 2022, the amount of copper screws, bolts and nuts exported from Thailand skyrocketed to 423 tons, increasing by 102% on the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper screw exports skyrocketed to $3M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Copper Screw in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 439 | 198 | 629 | 1,395 | 47.0% |
| Myanmar | 19.9 | 119 | 177 | 372 | 165.4% |
| Hong Kong SAR | 339 | 258 | 411 | 287 | -5.4% |
| United States | 147 | 229 | 220 | 191 | 9.1% |
| Japan | 118 | 78.6 | 98.7 | 76.5 | -13.5% |
| Sri Lanka | N/A | N/A | N/A | 59.3 | 0% |
| Taiwan (Chinese) | 86.2 | 8.9 | 5.8 | N/A | -74.1% |
| Others | 350 | 467 | 588 | 623 | 21.2% |
| Total | 1,499 | 1,359 | 2,130 | 3,004 | 26.1% |
Top Export Markets for Copper Screw from Thailand in 2022:
- Myanmar (192.4 tons)
- South Korea (133.0 tons)
- Sri Lanka (37.3 tons)
- Hong Kong SAR (15.8 tons)
- United States (11.1 tons)
- Japan (5.0 tons)
This report provides an in-depth analysis of the copper screw market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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