Report Update: May 1, 2024

Thailand - Threaded Articles Of Copper - Market Analysis, Forecast, Size, Trends And Insights

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Threaded Copper Articles Price in Thailand - 2023

Threaded Copper Articles Price in Thailand (CIF) - 2023

The average threaded copper articles import price stood at $13,999 per ton in September 2023, picking up by 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in May 2023 an increase of 28% against the previous month. The import price peaked at $15,206 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($17,211 per ton), while the price for India ($11,119 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 China (+1.9%), while the prices for the other major suppliers experienced a decline.

Threaded Copper Articles Price in Thailand (FOB) - 2022

The average threaded copper articles export price stood at $9,741 per ton in 2022, surging by 20% against the previous year. In general, the export price, however, showed a noticeable slump. The growth pace was the most rapid in 2014 when the average export price increased by 61% against the previous year. The export price peaked at $21,716 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($251,000 per ton), while the average price for exports to Myanmar ($4,111 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 Cambodia (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Copper Articles Imports in Thailand

For the fourth consecutive year, Thailand recorded growth in overseas purchases of threaded articles of copper, which increased by 7.1% to 772 tons in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, threaded copper articles imports soared to $10M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 57%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Threaded Copper Articles in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.7	3.4	6.0	7.9	43.0%
India	0.4	0.6	1.1	0.8	26.0%
Taiwan (Chinese)	0.3	0.2	0.4	0.5	18.6%
Japan	0.6	0.5	0.7	0.5	-5.9%
Hong Kong SAR	0.7	0.3	N/A	N/A	-57.1%
Others	0.1	0.3	0.2	0.3	44.2%
Total	4.8	5.3	8.3	10.1	28.1%

Top Suppliers of Threaded Copper Articles to Thailand in 2022:

Hong Kong SAR (undefined tons)
China (652.0 tons)
India (70.8 tons)
Japan (28.1 tons)
Taiwan (Chinese) (11.2 tons)

Threaded Copper Articles Exports in Thailand

In 2022, overseas shipments of threaded articles of copper decreased by -21.7% to 124 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 172 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, threaded copper articles exports contracted to $1.2M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Threaded Copper Articles in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	444	772	1,059	902	26.7%
Vietnam	696	422	15.6	70.7	-53.3%
Taiwan (Chinese)	0.3	0.1	26.7	52.8	460.4%
Malaysia	29.8	24.5	20.6	40.6	10.9%
Lao People's Democratic Republic	39.0	75.2	79.2	34.8	-3.7%
Myanmar	N/A	33.2	12.7	10.3	-44.3%
Others	21.1	128	71.2	98.1	66.9%
Total	1,231	1,454	1,285	1,209	-0.6%

Top Export Markets for Threaded Copper Articles from Thailand in 2022:

India (98.1 tons)
Lao People's Democratic Republic (7.0 tons)
Vietnam (5.2 tons)
Taiwan (Chinese) (4.9 tons)
Malaysia (2.8 tons)
Myanmar (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threaded copper articles 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 25941370 - Threaded articles of copper, n.e.c.

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
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