Asia-Pacific: Threaded Metal Articles Market 2024

Threaded Metal Articles Market Size in Asia-Pacific

The Asia-Pacific threaded metal articles market totaled $X in 2022, approximately equating the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Threaded Metal Articles Production in Asia-Pacific

In value terms, threaded metal articles production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Threaded Metal Articles Exports

Exports in Asia-Pacific

Threaded metal articles exports amounted to X tons in 2022, surging by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, threaded metal articles exports rose significantly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China represented the major exporter of threaded articles of iron or steel in Asia-Pacific, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by India (X tons), achieving a X% share of total exports. The following exporters - Taiwan (Chinese) (X tons) and Malaysia (X tons) - each accounted for a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest threaded metal articles supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

In China, threaded metal articles exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of threaded articles of iron or steel increased by less than X% to X tons, rising for the fourth consecutive year after two years of decline. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, threaded metal articles imports declined to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

India (X tons), Thailand (X tons), South Korea (X tons), Japan (X tons), Singapore (X tons), Hong Kong SAR (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. The following importers - Vietnam (X tons), Indonesia (X tons), the Philippines (X tons), Australia (X tons) and China (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest threaded metal articles importing markets in Asia-Pacific were India ($X), China ($X) and Singapore ($X), with a combined X% share of total imports. South Korea, Thailand, Japan, Australia, Vietnam, Malaysia, Hong Kong SAR, Indonesia and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :