EU: Copper Screw Market 2024

Copper Screw Market Size in the EU

The EU copper screw market soared to $X in 2023, increasing by X% against the previous year. In general, consumption, however, recorded a noticeable downturn. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Copper Screw Production in the EU

In value terms, copper screw production amounted to $X in 2023 estimated in export price. In general, production, however, recorded a slight contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Copper Screw Exports

Exports in the EU

After two years of growth, shipments abroad of copper screws, bolts and nuts decreased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; 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 exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2022, and then dropped in the following year.

In value terms, copper screw exports dropped modestly to $X in 2023. Total exports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Italy was the key exporter of copper screws, bolts and nuts in the European Union, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. Germany (X tons) held the second position in the ranking, distantly followed by Spain (X tons), France (X tons) and Austria (X tons). All these countries together held approx. X% share of total exports. The Netherlands (X tons) and Denmark (X tons) followed a long way behind the leaders.

Exports from Italy increased at an average annual rate of X% from 2012 to 2023. At the same time, France (X%), the Netherlands (X%), Denmark (X%) and Spain (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. Germany and Austria experienced a relatively flat trend pattern. From 2012 to 2023, the share of Italy, France, Spain and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest copper screw supplying countries in the European Union were Italy ($X), Germany ($X) and Austria ($X), together comprising X% of total exports. France, Spain, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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 the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Copper Screw Imports

Imports in the EU

After two years of growth, overseas purchases of copper screws, bolts and nuts decreased by X% to X tons in 2023. Total imports indicated measured growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2022, and then reduced markedly in the following year.

In value terms, copper screw imports dropped to $X in 2023. Total imports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2022, and then shrank in the following year.

Imports by Country

Portugal (X tons) and Germany (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Romania (X tons), Bulgaria (X tons), Italy (X tons), France (X tons) and the Netherlands (X tons), together achieving a X% share of total imports. The following importers - Poland (X tons), the Czech Republic (X tons), Belgium (X tons), Austria (X tons), Ireland (X tons) and Slovakia (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported copper screws, bolts and nuts in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

In Germany, copper screw imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is likely to see gradual growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform