Global Threaded Copper Articles Market 2024

Threaded Copper Articles Market Size

The global threaded copper articles market amounted to $X in 2022, rising by X% against the previous year. In general, consumption, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2016 when the market value increased by X%. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Threaded Copper Articles Production

In value terms, threaded copper articles production rose slightly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced reduction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Threaded Copper Articles Exports

Exports

In 2022, overseas shipments of threaded articles of copper increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated a strong expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, threaded copper articles exports expanded markedly to $X in 2022. Overall, total exports indicated a prominent 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Azerbaijan (X tons), Taiwan (Chinese) (X tons), Italy (X tons) and Germany (X tons) represented roughly X% of total exports in 2022. China (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United States (X%) and India (X%). France (X tons), the UK (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Azerbaijan (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest threaded copper articles supplying countries worldwide were Germany ($X), Italy ($X) and Taiwan (Chinese) ($X), with a combined X% share of global exports. Switzerland, France, the United States, Azerbaijan, the UK, China and India lagged somewhat behind, together accounting for a further X%.

Azerbaijan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average threaded copper articles export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Switzerland ($X per ton), while Azerbaijan ($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 global leaders experienced more modest paces of growth.

Threaded Copper Articles Imports

Imports

In 2022, the amount of threaded articles of copper imported worldwide fell to X tons, shrinking by X% on the year before. In general, total imports indicated a measured 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then contracted modestly in the following year.

In value terms, threaded copper articles imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a resilient 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 appeared the most rapid in 2021 when imports increased by X%. Global imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Saudi Arabia (X tons), distantly followed by the United States (X tons), Indonesia (X tons) and Germany (X tons) represented the major importers of threaded articles of copper, together committing X% of total imports. Spain (X tons), Poland (X tons), the Czech Republic (X tons), the UK (X tons), Malaysia (X tons), Mexico (X tons), Thailand (X tons), Italy (X tons) and Canada (X tons) followed a long way behind the leaders.

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

In value terms, the United States ($X), Germany ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, together comprising X% of global imports. Poland, Mexico, Italy, the UK, Malaysia, Thailand, Saudi Arabia, Indonesia, Spain and Canada lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average threaded copper articles import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Global import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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