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World - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Dec 18, 2023

Best Import Markets for Copper Bars, Wire, and Plates

Copper is one of the most essential and widely used metals worldwide, valued for its excellent electrical and thermal conductivity, corrosion resistance, and malleability. This versatile metal finds extensive applications in various industries, including construction, electronics, transportation, and telecommunications. As a result, the global market for copper bars, wire, and plates has witnessed significant growth in recent years.

In this article, we will explore the world's best import markets for copper bars, wire, and plates, utilizing key statistics provided by the IndexBox market intelligence platform.

1. United States - $3.9 Billion USD in 2022

The United States ranks as the top import market for copper bars, wire, and plates, with an import value of $3.9 billion USD in 2022. The country's robust manufacturing sector, along with the thriving construction industry, drive the demand for copper products. Additionally, the growing adoption of electric vehicles and renewable energy technologies further contributes to the high import volumes of copper in the United States.

2. China - $2.7 Billion USD in 2022

China follows closely as the second-largest importer of copper bars, wire, and plates, with an import value of $2.7 billion USD in 2022. The country's massive manufacturing industry and rapid urbanization fuel the demand for copper for infrastructure development and various electrical applications. Despite being a significant copper producer, China heavily relies on imports to meet its domestic demand.

3. Italy - $2.6 Billion USD in 2022

Italy emerges as another major market for copper bars, wire, and plates, recording an import value of $2.6 billion USD in 2022. The country's strong industrial base, particularly in automotive, machinery, and electrical sectors, generates substantial demand for copper products. Italy's commitment to renewable energy and the implementation of ambitious infrastructure projects further contribute to its significant imports of copper.

4. Germany - $2.2 Billion USD in 2022

Germany holds a prominent position in the global market for copper bars, wire, and plates, with an import value of $2.2 billion USD in 2022. The country's advanced manufacturing sector, renowned for precision engineering, necessitates the use of high-quality copper materials. Moreover, Germany's efforts towards energy transition and the adoption of sustainable technologies contribute to the import demand for copper.

5. Mexico - $1.7 Billion USD in 2022

Mexico ranks fifth among the world's top importers of copper bars, wire, and plates, with an import value of $1.7 billion USD in 2022. The country's strong presence in the automotive and electrical industries drives the demand for copper products. Additionally, Mexico's participation in various infrastructure projects enhances the need for copper for construction purposes.

6. France - $1.5 Billion USD in 2022

France secures a notable position in the global import market for copper bars, wire, and plates, with an import value of $1.5 billion USD in 2022. The country's diverse industrial sector, ranging from aerospace to telecommunications, contributes to the significant demand for copper. France's commitment to sustainable development and the adoption of electric vehicles further augment the import volumes of copper.

7. India - $1.4 Billion USD in 2022

India emerges as a key importer of copper bars, wire, and plates, with an import value of $1.4 billion USD in 2022. The country's growing population, urbanization, and infrastructure development projects propel the demand for copper products. India's focus on renewable energy generation and the expansion of its electrical grid also contribute to its substantial imports of copper.

8. Thailand - $1.3 Billion USD in 2022

Thailand holds a prominent position in the world market for copper bars, wire, and plates, recording an import value of $1.3 billion USD in 2022. The country's flourishing manufacturing sector, particularly in electronics and automotive industries, drives the demand for copper. Thailand's strategic location as a regional trading hub and its participation in various infrastructure projects further support the import demand for copper.

9. Vietnam - $1.3 Billion USD in 2022

Vietnam stands as another significant importer of copper bars, wire, and plates, with an import value of $1.3 billion USD in 2022. The country's rapid industrialization and infrastructure development, along with the growth of manufacturing activities, fuel the demand for copper. Vietnam's focus on renewable energy, such as hydropower and solar, also contributes to its imports of copper.

10. Czech Republic - $1.2 Billion USD in 2022

The Czech Republic concludes the list of the world's best import markets for copper bars, wire, and plates, with an import value of $1.2 billion USD in 2022. The country's well-established automotive and machinery industries necessitate the use of copper materials. Furthermore, the Czech Republic's involvement in various construction and infrastructure projects supports the import demand for copper.

It is essential to note that the aforementioned import values are based on the data provided by the IndexBox market intelligence platform, a comprehensive source for market insights and statistics.

In conclusion, the global market for copper bars, wire, and plates witnesses robust demand, driven by industries such as construction, electronics, and transportation. The United States, China, Italy, Germany, Mexico, France, India, Thailand, Vietnam, and the Czech Republic emerge as the top import markets for copper products. Understanding these key import markets is crucial for businesses operating in the copper industry to identify growth opportunities and make informed decisions.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for copper bars, wire and plates. 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
  • Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
  • Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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