Hong Kong SAR, China - Threaded Articles Of Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Copper Articles Price in Hong Kong SAR - 2023
Contents:
- Threaded Copper Articles Price in Hong Kong SAR (FOB) - 2022
- Threaded Copper Articles Price in Hong Kong SAR (CIF) - 2022
- Threaded Copper Articles Exports in Hong Kong SAR
- Threaded Copper Articles Imports in Hong Kong SAR
Threaded Copper Articles Price in Hong Kong SAR (FOB) - 2022
In 2022, the average threaded copper articles export price amounted to $35,957 per ton, surging by 3.5% against the previous year. In general, the export price enjoyed a strong increase. The growth pace was the most rapid in 2013 an increase of 65%. Over the period under review, the average export prices attained the maximum at $61,940 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($97,251 per ton), while the average price for exports to Macao SAR ($11,204 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 China (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Copper Articles Price in Hong Kong SAR (CIF) - 2022
In 2022, the average threaded copper articles import price amounted to $13,514 per ton, picking up by 22% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, threaded copper articles import price increased by +66.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $16,752 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 Taiwan (Chinese) ($26,934 per ton), while the price for China stood at $12,466 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.6%).
Threaded Copper Articles Exports in Hong Kong SAR
In 2022, approx. 26 tons of threaded articles of copper were exported from Hong Kong SAR; growing by 10% against the previous year. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 69%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, threaded copper articles exports stood at $923K in 2022. The total export value increased at an average annual rate of +4.1% 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 32% 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 Threaded Copper Articles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 214 | 255 | 340 | 367 | 19.7% |
| United States | 222 | 174 | 155 | 289 | 9.2% |
| Thailand | 163 | 33.4 | 23.1 | 74.4 | -23.0% |
| Vietnam | 41.3 | 5.1 | 112 | 52.2 | 8.1% |
| United Kingdom | 71.0 | 32.3 | 12.8 | 39.6 | -17.7% |
| Mexico | 0.3 | 5.6 | 84.8 | 37.0 | 397.8% |
| Macao SAR | 47.5 | 25.3 | 28.4 | 15.7 | -30.9% |
| Germany | 12.8 | 26.9 | 0.1 | 6.9 | -18.6% |
| Brazil | 35.3 | N/A | N/A | N/A | 0% |
| Others | 9.8 | 57.0 | 54.7 | 41.4 | 61.7% |
| Total | 817 | 614 | 811 | 923 | 4.2% |
Top Export Markets for Threaded Copper Articles from Hong Kong SAR in 2022:
- United States (16.8 tons)
- China (3.8 tons)
- Macao SAR (1.4 tons)
- Mexico (1.2 tons)
- Vietnam (0.8 tons)
- United Kingdom (0.6 tons)
- Thailand (0.4 tons)
- Germany (0.2 tons)
Threaded Copper Articles Imports in Hong Kong SAR
In 2022, the amount of threaded articles of copper imported into Hong Kong SAR declined rapidly to 43 tons, which is down by -20% on the previous year. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.
In value terms, threaded copper articles imports fell modestly to $583K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $596K, and then dropped slightly in the following year.
| Import of Threaded Copper Articles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 443 | 364 | 500 | 520 | 5.5% |
| Taiwan (Chinese) | 7.2 | 14.2 | 8.3 | 28.3 | 57.8% |
| Others | 31.5 | 51.0 | 87.6 | 34.6 | 3.2% |
| Total | 482 | 429 | 596 | 583 | 6.5% |
Top Suppliers of Threaded Copper Articles to Hong Kong SAR in 2022:
- China (41.7 tons)
- Taiwan (Chinese) (1.0 tons)
This report provides an in-depth analysis of the threaded copper articles market in Hong Kong SAR, China. 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 25941370 - Threaded articles of copper, n.e.c.
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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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
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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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