China - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Tapping Screw Price in China - 2023
Contents:
- Metal Self-Tapping Screw Price in China (FOB) - 2023
- Metal Self-Tapping Screw Price in China (CIF) - 2023
- Metal Self-Tapping Screw Exports in China
- Metal Self-Tapping Screw Imports in China
Metal Self-Tapping Screw Price in China (FOB) - 2023
The average metal self-tapping screw export price stood at $1,916 per ton in June 2023, shrinking by -5.9% against the previous month. In general, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in November 2022 when the average export price increased by 23% m-o-m. As a result, the export price reached the peak level of $3,660 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($2,842 per ton), while the average price for exports to Kazakhstan ($1,072 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.1%), while the prices for the other major destinations experienced a decline.
Metal Self-Tapping Screw Price in China (CIF) - 2023
The average metal self-tapping screw import price stood at $6,314 per ton in June 2023, rising by 3.8% against the previous month. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in July 2022 when the average import price increased by 24% month-to-month. As a result, import price attained the peak level of $8,804 per ton. From August 2022 to June 2023, the average 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 Switzerland ($23,026 per ton), while the price for Indonesia ($8,175 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 the United States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Self-Tapping Screw Exports in China
In 2022, overseas shipments of iron or steel self-tapping screws decreased by -6.2% to 462K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 increased by +52.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44%. As a result, the exports reached the peak of 492K tons, and then declined in the following year.
In value terms, metal self-tapping screw exports expanded remarkably to $1.3B in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Metal Self-Tapping Screw in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 53.1 | 56.9 | 106 | 142 | 38.8% |
| South Korea | 13.6 | 16.9 | 61.4 | 118 | 105.5% |
| Russia | 79.4 | 83.8 | 170 | 116 | 13.5% |
| United States | 70.5 | 61.6 | 83.6 | 102 | 13.1% |
| Brazil | 13.2 | 14.8 | 42.6 | 48.2 | 54.0% |
| Vietnam | 18.1 | 26.8 | 41.6 | 43.5 | 33.9% |
| United Kingdom | 8.5 | 10.0 | 22.2 | 40.5 | 68.3% |
| Mexico | 16.5 | 17.2 | 36.4 | 40.0 | 34.3% |
| Indonesia | 18.2 | 26.6 | 32.0 | 39.5 | 29.5% |
| Australia | 19.6 | 24.2 | 35.2 | 39.0 | 25.8% |
| Germany | 13.4 | 19.0 | 29.6 | 33.8 | 36.1% |
| Chile | 11.5 | 9.6 | 26.9 | 20.4 | 21.1% |
| Kazakhstan | 7.7 | 10.2 | 12.7 | 13.8 | 21.5% |
| Others | 284 | 355 | 457 | 513 | 21.8% |
| Total | 628 | 732 | 1,157 | 1,310 | 27.8% |
Top Export Markets for Metal Self-Tapping Screw from China in 2022:
- Russia (77.6K tons)
- India (41.2K tons)
- United States (28.8K tons)
- Mexico (19.5K tons)
- Brazil (17.7K tons)
- South Korea (15.6K tons)
- United Kingdom (15.3K tons)
- Indonesia (14.5K tons)
- Australia (12.8K tons)
- Germany (11.6K tons)
- Chile (10.7K tons)
- Vietnam (10.0K tons)
- Kazakhstan (9.3K tons)
Metal Self-Tapping Screw Imports in China
After three years of growth, supplies from abroad of iron or steel self-tapping screws decreased by -11.5% to 15K tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year.
In value terms, metal self-tapping screw imports contracted to $109M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $118M, and then fell in the following year.
| Import of Metal Self-Tapping Screw in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.0 | 28.8 | 29.6 | 26.6 | -2.8% |
| Japan | 25.1 | 27.1 | 30.3 | 25.7 | 0.8% |
| United States | 3.1 | 3.1 | 3.3 | 3.4 | 3.1% |
| Indonesia | 1.1 | 2.3 | 4.6 | 3.0 | 39.7% |
| Spain | 1.4 | 2.4 | 2.4 | 2.3 | 18.0% |
| Switzerland | 2.0 | 1.5 | 1.9 | 1.9 | -1.7% |
| South Korea | 2.8 | 2.1 | 1.7 | 1.1 | -26.8% |
| Taiwan (Chinese) | 16.0 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 31.5 | 44.3 | 45.1 | 139.1% |
| Total | 83.7 | 98.7 | 118 | 109 | 9.2% |
Top Suppliers of Metal Self-Tapping Screw to China in 2022:
- Japan (2.5K tons)
- Germany (2.0K tons)
- Indonesia (0.4K tons)
- United States (0.3K tons)
- Spain (0.2K tons)
- Switzerland (0.1K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the metal self-tapping screw market in China. 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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
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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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