United Kingdom - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in the UK - 2023
Contents:
- Threaded Metal Articles Price in the UK (CIF) - 2023
- Threaded Metal Articles Price in the UK (FOB) - 2022
- Threaded Metal Articles Imports in the UK
- Threaded Metal Articles Exports in the UK
Threaded Metal Articles Price in the UK (CIF) - 2023
The average threaded metal articles import price stood at $5,325 per ton in June 2023, growing by 9.3% against the previous month. In general, import price indicated perceptible growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, threaded metal articles import price decreased by -17.5% against April 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 48% against the previous month. Over the period under review, average import prices attained the peak figure at $6,457 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($11,128 per ton), while the price for India ($2,433 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Metal Articles Price in the UK (FOB) - 2022
The average threaded metal articles export price stood at $31,160 per ton in 2022, reducing by -3.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. As a result, the export price reached the peak level of $32,142 per ton, and then shrank slightly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($70,087 per ton), while the average price for exports to Ireland ($4,696 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 Thailand (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Imports in the UK
Threaded metal articles imports into the UK fell to 42K tons in 2022, which is down by -9% compared with 2021. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of 46K tons, and then contracted in the following year.
In value terms, threaded metal articles imports shrank slightly to $168M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports attained the peak of $175M, and then declined modestly in the following year.
| Import of Threaded Metal Articles in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.4 | 16.2 | 49.2 | 55.8 | 39.9% |
| Taiwan (Chinese) | 7.0 | 6.6 | 27.9 | 22.4 | 47.4% |
| Germany | 23.7 | 18.7 | 23.3 | 15.1 | -14.0% |
| India | 7.4 | 4.9 | 13.9 | 14.7 | 25.7% |
| United States | 23.3 | 15.8 | 16.7 | 14.7 | -14.2% |
| Italy | 4.0 | 3.1 | 5.8 | 10.9 | 39.7% |
| France | 8.5 | 7.5 | 9.1 | 8.5 | 0.0% |
| Japan | 4.3 | 2.9 | 3.6 | 3.2 | -9.4% |
| Poland | 1.5 | 1.7 | 2.7 | 2.6 | 20.1% |
| Others | 23.9 | 22.6 | 22.4 | 20.6 | -4.8% |
| Total | 124 | 99.9 | 175 | 168 | 10.7% |
Top Suppliers of Threaded Metal Articles to the UK in 2022:
- China (21.5K tons)
- India (7.6K tons)
- Taiwan (Chinese) (5.1K tons)
- Poland (1.6K tons)
- Germany (1.3K tons)
- Italy (0.8K tons)
- France (0.8K tons)
- United States (0.4K tons)
- Japan (0.3K tons)
Threaded Metal Articles Exports in the UK
In 2022, approx. 2.3K tons of threaded articles of iron or steel were exported from the UK; which is down by -29.9% on the year before. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16%.
In value terms, threaded metal articles exports reduced dramatically to $72M in 2022. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports reached the peak of $106M, and then declined significantly in the following year.
| Export of Threaded Metal Articles in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.7 | 8.0 | 42.2 | 10.6 | 3.0% |
| United States | 11.2 | 6.7 | 13.0 | 8.2 | -9.9% |
| France | 8.0 | 5.0 | 6.5 | 5.2 | -13.4% |
| Thailand | 1.1 | 0.3 | 1.9 | 4.3 | 57.5% |
| India | 3.7 | 2.3 | 4.1 | 4.2 | 4.3% |
| Netherlands | 10.3 | 2.2 | 2.4 | 3.3 | -31.6% |
| Ireland | 3.8 | 4.2 | 3.9 | 2.7 | -10.8% |
| Italy | 3.4 | 3.0 | 1.7 | 2.5 | -9.7% |
| China | 2.4 | 2.1 | 2.3 | 2.4 | 0.0% |
| Poland | 3.4 | 4.1 | 3.6 | 2.0 | -16.2% |
| Spain | 2.3 | 1.6 | 1.8 | 1.6 | -11.4% |
| United Arab Emirates | 1.1 | 1.6 | 0.8 | 1.2 | 2.9% |
| Turkey | 1.2 | 0.8 | 0.8 | 0.8 | -12.6% |
| Others | 26.3 | 22.4 | 21.0 | 23.0 | -4.4% |
| Total | 87.8 | 64.4 | 106 | 71.9 | -6.4% |
Top Export Markets for Threaded Metal Articles from the UK in 2022:
- Ireland (583.7 tons)
- Germany (293.3 tons)
- United States (176.4 tons)
- Netherlands (154.6 tons)
- France (111.4 tons)
- Poland (70.5 tons)
- India (65.5 tons)
- United Arab Emirates (65.3 tons)
- Thailand (61.8 tons)
- Turkey (54.1 tons)
- Spain (53.5 tons)
- China (45.1 tons)
- Italy (39.7 tons)
This report provides an in-depth analysis of the threaded metal articles market in the UK. 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 25941190 - Threaded articles, n.e.c., of iron or steel
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
-
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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