Report Update: May 1, 2024

Turkey - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights

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Copper Screw Price in Turkey - 2023

Copper Screw Price in Turkey (CIF) - 2022

In 2022, the average copper screw import price amounted to $19,412 per ton, surging by 12% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper screw import price increased by +78.5% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 26%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Portugal ($29,741 per ton), while the price for China ($9,334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper Screw Price in Turkey (FOB) - 2022

The average copper screw export price stood at $8,799 per ton in 2022, dropping by -21.8% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper screw export price increased by +59.2% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 100%. As a result, the export price reached the peak level of $11,245 per ton, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($23,433 per ton), while the average price for exports to Iraq ($2,479 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 Uzbekistan (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports in Turkey

After three years of growth, purchases abroad of copper screws, bolts and nuts decreased by -8.3% to 427 tons in 2022. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 466 tons, and then declined in the following year.

In value terms, copper screw imports expanded to $8.3M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Copper Screw in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.2	1.6	2.7	3.0	35.7%
Italy	1.1	1.4	2.2	2.0	22.1%
Thailand	0.6	0.7	1.2	1.4	32.6%
China	0.4	0.2	0.6	0.7	20.5%
India	0.6	0.8	0.9	0.5	-5.9%
Others	0.4	0.4	0.5	0.7	20.5%
Total	4.3	5.2	8.1	8.3	24.5%

Top Suppliers of Copper Screw to Turkey in 2022:

Germany (120.3 tons)
Italy (98.9 tons)
China (75.1 tons)
Thailand (66.5 tons)
India (39.2 tons)

Copper Screw Exports in Turkey

In 2022, overseas shipments of copper screws, bolts and nuts decreased by -7.4% to 162 tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%. As a result, the exports attained the peak of 231 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper screw exports contracted markedly to $1.4M in 2022. Overall, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $2M, and then shrank notably in the following year.

Export of Copper Screw in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	236	236	488	284	6.4%
Morocco	12.1	11.1	13.6	137	124.5%
Israel	127	110	175	129	0.5%
Russia	12.9	22.1	43.1	128	114.9%
Iraq	241	183	29.8	88.0	-28.5%
Portugal	24.9	19.8	42.7	86.4	51.4%
Kazakhstan	18.5	19.0	36.4	60.8	48.7%
Uzbekistan	73.0	81.5	65.5	58.9	-6.9%
Romania	4.5	2.9	7.7	31.4	91.1%
Georgia	15.7	6.5	34.8	29.7	23.7%
Serbia	4.5	2.5	33.6	19.7	63.6%
Cyprus	6.1	1.5	0.6	15.1	35.3%
Senegal	0.9	2.7	1.3	8.0	107.1%
Others	763	604	991	346	-23.2%
Total	1,541	1,303	1,963	1,422	-2.6%

Top Export Markets for Copper Screw from Turkey in 2022:

Iraq (35.5 tons)
Russia (20.7 tons)
Israel (18.9 tons)
Germany (15.3 tons)
Morocco (11.2 tons)
Kazakhstan (6.2 tons)
Georgia (4.5 tons)
Portugal (3.7 tons)
Uzbekistan (3.4 tons)
Serbia (3.2 tons)
Cyprus (2.9 tons)
Romania (2.7 tons)
Senegal (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper screw market in Turkey. 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:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023