United Kingdom - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Tapping Screw Price in the UK - 2023
Contents:
- Metal Self-Tapping Screw Price in the UK (CIF) - 2023
- Metal Self-Tapping Screw Price in the UK (FOB) - 2023
- Metal Self-Tapping Screw Imports in the UK
- Metal Self-Tapping Screw Exports in the UK
Metal Self-Tapping Screw Price in the UK (CIF) - 2023
The average metal self-tapping screw import price stood at $6,601 per ton in June 2023, growing by 5.1% against the previous month. Overall, import price indicated modest growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, metal self-tapping screw import price increased by +5.1% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 266% m-o-m. As a result, import price attained the peak level of $6,954 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($11,484 per ton), while the price for China ($3,563 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 Vietnam (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Self-Tapping Screw Price in the UK (FOB) - 2023
The average metal self-tapping screw export price stood at $9,031 per ton in June 2023, flattening at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 81% month-to-month. As a result, the export price reached the peak level of $13,574 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($18,132 per ton), while the average price for exports to Turkey ($5,951 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 Hungary (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Self-Tapping Screw Imports in the UK
In 2022, imports of iron or steel self-tapping screws into the UK contracted to 31K tons, with a decrease of -10.1% against the previous year. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.
In value terms, metal self-tapping screw imports dropped modestly to $165M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; 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 38% against the previous year. As a result, imports reached the peak of $167M, and then shrank modestly in the following year.
Import of Metal Self-Tapping Screw in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 52.0 | 42.9 | 59.3 | 81.7 | 16.3% |
Germany | 40.2 | 34.9 | 47.7 | 25.6 | -14.0% |
China | 5.1 | 4.8 | 13.4 | 17.5 | 50.8% |
France | 3.4 | 2.9 | 6.4 | 7.9 | 32.4% |
Vietnam | 3.8 | 1.7 | 2.2 | 5.5 | 13.1% |
Poland | 10.0 | 7.6 | 9.9 | 4.5 | -23.4% |
Sweden | 5.1 | 2.4 | 4.7 | 2.2 | -24.4% |
Thailand | 0.8 | 0.6 | 0.9 | 1.8 | 31.0% |
Italy | 2.5 | 4.3 | 2.0 | 0.5 | -41.5% |
Others | 22.1 | 19.3 | 20.6 | 17.3 | -7.8% |
Total | 145 | 121 | 167 | 165 | 4.4% |
Top Suppliers of Metal Self-Tapping Screw to the UK in 2022:
- Taiwan (Chinese) (16.9K tons)
- China (5.0K tons)
- Germany (2.4K tons)
- Vietnam (1.3K tons)
- Poland (1.1K tons)
- Sweden (1.1K tons)
- France (0.6K tons)
- Thailand (0.6K tons)
- Italy (0.1K tons)
Metal Self-Tapping Screw Exports in the UK
In 2022, overseas shipments of iron or steel self-tapping screws were finally on the rise to reach 3K tons after two years of decline. In general, exports, however, continue to indicate a abrupt decline.
In value terms, metal self-tapping screw exports rose sharply to $25M in 2022. Over the period under review, exports, however, saw a perceptible reduction.
Export of Metal Self-Tapping Screw in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 6.9 | 6.4 | 4.8 | 5.6 | -6.7% |
Turkey | 3.8 | 2.6 | 4.4 | 5.1 | 10.3% |
Germany | 1.9 | 1.5 | 2.3 | 1.7 | -3.6% |
Austria | 1.3 | 0.1 | 0.1 | 1.2 | -2.6% |
Poland | 1.6 | 1.9 | 1.3 | 1.1 | -11.7% |
Australia | 1.1 | 0.6 | 0.6 | 1.0 | -3.1% |
United States | 0.7 | 1.2 | 0.9 | 1.0 | 12.6% |
France | 1.4 | 1.2 | 1.2 | 0.8 | -17.0% |
Czech Republic | 0.8 | 0.9 | 0.7 | 0.5 | -14.5% |
Hungary | 0.4 | 0.4 | 0.8 | 0.5 | 7.7% |
Lithuania | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
Netherlands | 0.9 | 0.7 | 0.6 | 0.5 | -17.8% |
China | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
Others | 7.9 | 6.5 | 5.8 | 5.4 | -11.9% |
Total | 28.7 | 24.4 | 23.9 | 25.5 | -3.9% |
Top Export Markets for Metal Self-Tapping Screw from the UK in 2022:
- Turkey (950.8 tons)
- Ireland (728.4 tons)
- Germany (180.1 tons)
- Poland (167.6 tons)
- Austria (151.1 tons)
- France (96.1 tons)
- United States (63.8 tons)
- China (62.5 tons)
- Australia (54.4 tons)
- Hungary (53.6 tons)
- Lithuania (48.7 tons)
- Netherlands (46.0 tons)
- Czech Republic (36.4 tons)
This report provides an in-depth analysis of the metal self-tapping screw 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 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:
- 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
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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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