Asia: Threaded Copper Articles Market 2024

Threaded Copper Articles Market Size in Asia

The Asian threaded copper articles market reached $X in 2022, approximately mirroring the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Threaded Copper Articles Production in Asia

In value terms, threaded copper articles production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Threaded Copper Articles Exports

Exports in Asia

In 2022, shipments abroad of threaded articles of copper increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, threaded copper articles exports stood at $X in 2022. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Azerbaijan (X tons) and Taiwan (Chinese) (X tons) were the key exporters of threaded articles of copper in Asia, together making up X% of total exports. China (X tons) ranks next in terms of the total exports with a X% share, followed by India (X%). Malaysia (X tons) and Turkey (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Azerbaijan ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Azerbaijan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

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

Threaded Copper Articles Imports

Imports in Asia

In 2022, the amount of threaded articles of copper imported in Asia reduced sharply to X tons, with a decrease of X% compared with the previous year. Overall, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then fell markedly in the following year.

In value terms, threaded copper articles imports rose to $X in 2022. Total imports indicated a notable increase 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 pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Saudi Arabia represented the largest importer of threaded articles of copper in Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Indonesia (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons), Thailand (X tons) and India (X tons). All these countries together took approx. X% share of total imports. The following importers - Vietnam (X tons) and China (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to threaded copper articles imports into Saudi Arabia stood at X%. At the same time, Indonesia (X%), Thailand (X%), Vietnam (X%) and India (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and China (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), Indonesia (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while Vietnam, India, China and Malaysia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest threaded copper articles importing markets in Asia were Vietnam ($X), Malaysia ($X) and India ($X), together accounting for X% of total imports. Thailand, Saudi Arabia, China and Indonesia lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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