China - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 13, 2024

China - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Threaded Metal Articles Price in China - 2023

Contents:

  1. Threaded Metal Articles Price in China (FOB) - 2023
  2. Threaded Metal Articles Price in China (CIF) - 2023
  3. Threaded Metal Articles Exports in China
  4. Threaded Metal Articles Imports in China

Threaded Metal Articles Price in China (FOB) - 2023

In June 2023, the average threaded metal articles export price amounted to $1,787 per ton, falling by -5.4% against the previous month. In general, the export price saw a pronounced decline. The pace of growth was the most pronounced in March 2023 an increase of 15% m-o-m. As a result, the export price reached the peak level of $2,952 per ton. From April 2023 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 the United States ($2,960 per ton), while the average price for exports to Poland ($1,096 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 Belgium (-0.1%), while the prices for the other major destinations experienced a decline.

Threaded Metal Articles Price in China (CIF) - 2023

The average threaded metal articles import price stood at $24,340 per ton in June 2023, reducing by -1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in July 2022 an increase of 25% against the previous month. Over the period under review, average import prices hit record highs at $26,497 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($130K per ton), while the price for India ($4,784 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 Turkey (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Threaded Metal Articles Exports in China

In 2022, approx. 471K tons of threaded articles of iron or steel were exported from China; surging by 15% on the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +58.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, threaded metal articles exports soared to $1.2B in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Threaded Metal Articles in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States67.243.175.912523.0%
Germany27.328.364.078.442.1%
Russia30.473.270.753.320.6%
Japan37.836.544.049.69.5%
Saudi Arabia14.921.629.344.644.1%
South Korea13.528.044.642.846.9%
Australia22.117.833.641.323.2%
Canada14.313.021.739.139.8%
United Kingdom18.419.237.739.028.5%
United Arab Emirates22.832.825.438.018.6%
Mexico8.07.413.223.242.6%
Poland8.89.920.120.933.4%
Belgium3.22.311.218.479.2%
Others26431144154627.4%
Total5536449331,15928.0%

Top Export Markets for Threaded Metal Articles from China in 2022:

  1. United States (38.5K tons)
  2. Russia (36.7K tons)
  3. Germany (28.3K tons)
  4. Japan (20.7K tons)
  5. Australia (19.2K tons)
  6. Canada (18.3K tons)
  7. United Arab Emirates (15.9K tons)
  8. Poland (15.4K tons)
  9. Saudi Arabia (15.3K tons)
  10. South Korea (14.9K tons)
  11. United Kingdom (14.3K tons)
  12. Mexico (13.1K tons)
  13. Belgium (12.8K tons)

Threaded Metal Articles Imports in China

In 2022, after three years of growth, there was significant decline in supplies from abroad of threaded articles of iron or steel, when their volume decreased by -24.9% to 4.3K tons. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 5.7K tons, and then dropped significantly in the following year.

In value terms, threaded metal articles imports dropped to $90M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $98M, and then declined in the following year.

Import of Threaded Metal Articles in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.019.219.718.6-0.7%
United States17.712.816.016.6-2.1%
Japan13.515.517.915.85.4%
Bulgaria1.31.93.34.146.6%
France2.92.73.53.78.5%
Italy2.42.42.43.18.9%
Austria0.10.31.41.7157.1%
Poland1.01.91.71.39.1%
South Korea2.32.31.31.2-19.5%
Turkey1.01.31.01.13.2%
IndonesiaN/A0.20.71.1134.5%
Denmark0.41.68.50.720.5%
India0.50.50.20.4-7.2%
Others17.417.420.020.45.4%
Total79.480.197.789.94.2%

Top Suppliers of Threaded Metal Articles to China in 2022:

  1. Japan (995.7 tons)
  2. Germany (738.5 tons)
  3. France (267.0 tons)
  4. United States (204.0 tons)
  5. Bulgaria (157.1 tons)
  6. Austria (151.4 tons)
  7. Indonesia (142.4 tons)
  8. Turkey (133.2 tons)
  9. Italy (127.4 tons)
  10. India (108.0 tons)
  11. Poland (105.5 tons)
  12. South Korea (103.0 tons)
  13. Denmark (90.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threaded metal articles 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 25941190 - Threaded articles, n.e.c., of iron or steel

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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Free Data: Threaded Articles Of Iron Or Steel - China