U.S. - Threaded Articles Of Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Copper Articles Price in the United States - 2023
Contents:
- Threaded Copper Articles Price in the United States (CIF) - 2023
- Threaded Copper Articles Price in the United States (FOB) - 2022
- Threaded Copper Articles Imports in the United States
- Threaded Copper Articles Exports in the United States
Threaded Copper Articles Price in the United States (CIF) - 2023
The average threaded copper articles import price stood at $22,491 per ton in September 2023, increasing by 5.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 22% against the previous month. Over the period under review, average import prices hit record highs in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($37,299 per ton), while the price for Japan ($8,343 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Copper Articles Price in the United States (FOB) - 2022
The average threaded copper articles export price stood at $22,325 per ton in 2022, growing by 5.3% against the previous year. Overall, the export price saw a strong expansion. The growth pace was the most rapid in 2016 when the average export price increased by 37% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($44,004 per ton), while the average price for exports to Hong Kong SAR ($9,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Copper Articles Imports in the United States
In 2022, approx. 2.7K tons of threaded articles of copper were imported into the United States; picking up by 33% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, threaded copper articles imports surged to $52M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Threaded Copper Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 10.1 | 8.6 | 13.1 | 21.1 | 27.8% |
| China | 5.3 | 4.1 | 5.5 | 6.9 | 9.2% |
| Canada | 2.4 | 3.6 | 4.5 | 5.8 | 34.2% |
| India | 1.9 | 2.6 | 3.8 | 5.8 | 45.1% |
| Mexico | 0.4 | 0.7 | 0.9 | 5.0 | 132.1% |
| Germany | 3.5 | 2.1 | 2.8 | 3.3 | -1.9% |
| Others | 3.8 | 2.0 | 2.8 | 4.5 | 5.8% |
| Total | 27.5 | 23.8 | 33.3 | 52.3 | 23.9% |
Top Suppliers of Threaded Copper Articles to the United States in 2022:
- Taiwan (Chinese) (1060.3 tons)
- Canada (480.6 tons)
- India (410.3 tons)
- China (325.4 tons)
- Mexico (196.5 tons)
- Germany (102.6 tons)
Threaded Copper Articles Exports in the United States
Threaded copper articles exports from the United States expanded significantly to 1.1K tons in 2022, surging by 11% on the previous year's figure. In general, exports, however, continue to indicate a abrupt descent.
In value terms, threaded copper articles exports soared to $24M in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Threaded Copper Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 11.4 | 9.4 | 10.1 | 13.2 | 5.0% |
| Canada | 4.0 | 3.4 | 4.2 | 4.8 | 6.3% |
| China | 0.9 | 0.6 | 0.8 | 0.9 | 0.0% |
| United Kingdom | 1.1 | 0.8 | 1.9 | 0.8 | -10.1% |
| Germany | 0.2 | 0.3 | 0.3 | 0.8 | 58.7% |
| Taiwan (Chinese) | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Hong Kong SAR | 1.6 | 0.4 | 0.2 | 0.4 | -37.0% |
| Japan | 1.2 | 0.3 | 0.2 | 0.3 | -37.0% |
| Malaysia | 1.0 | 1.1 | 0.4 | 0.1 | -53.6% |
| Others | 2.0 | 1.4 | 2.0 | 2.4 | 6.3% |
| Total | 23.8 | 18.1 | 20.7 | 24.2 | 0.6% |
Top Export Markets for Threaded Copper Articles from the United States in 2022:
- Mexico (515.2 tons)
- Canada (297.0 tons)
- Hong Kong SAR (38.0 tons)
- United Kingdom (36.5 tons)
- China (29.8 tons)
- Taiwan (Chinese) (20.9 tons)
- Germany (18.2 tons)
- Japan (17.6 tons)
- Malaysia (5.7 tons)
This report provides an in-depth analysis of the threaded copper articles market in the U.S.. 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 25941370 - Threaded articles of copper, n.e.c.
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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