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

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

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Article Publishing Date: Jan 10, 2024

The World's Best Import Markets for Copper Wire

The world's best import markets for copper wire are continuously evolving, influenced by various factors such as economic growth, industrial development, and technological advancements. Copper wire is a crucial component in numerous industries, including construction, automotive, electronics, and telecommunications, contributing to its high demand worldwide.

1. United States - Leading the Import Market

The United States stands as the top import market for copper wire, with an import value of 2.2 billion USD in 2022. The country's robust industrial sector, coupled with a strong demand for construction and consumer goods, drives its need for copper wire. The electrical and telecommunications industries heavily rely on copper wire for transmission and distribution purposes, further boosting its import demand.

2. Italy - A Significant Importer

Italy holds the second position in the global copper wire import market, with an import value of 1.3 billion USD in 2022. The country's manufacturing sector plays a vital role in driving its copper wire demand, especially for automotive, machinery, and electrical equipment manufacturing. Additionally, Italy's strong presence in the fashion and luxury industries also contributes to the use of copper wire in various applications.

3. Mexico - Growing Import Market

Mexico has emerged as a significant importer of copper wire, with an import value of 1.2 billion USD in 2022. The country's manufacturing sector, particularly automotive and electrical equipment industries, plays a crucial role in driving its copper wire demand. Mexico's proximity to the United States also facilitates trade and supplies, further boosting its import market for copper wire.

4. China - Importing Copper Wire

China, one of the world's largest economies, imports copper wire worth 1.0 billion USD in 2022. The country's rapid industrialization, infrastructure development, and thriving electronics industry create a substantial demand for copper wire. China's continuous urbanization and technological advancements further contribute to the import market growth of copper wire.

5. India - Increasing Demand

India showcases an increasing demand for copper wire, with an import value of 978.8 million USD in 2022. The country's growing construction, automotive, and electronics sectors are major drivers of copper wire imports. Urbanization, development of smart cities, and government initiatives for renewable energy also contribute to the expanding copper wire import market in India.

6. Germany - Strong Industrial Demand

Germany, known for its robust industrial sector, imports copper wire worth 839.3 million USD in 2022. The country's machinery, automotive, and electrical equipment industries heavily rely on copper wire for manufacturing and production processes. Germany's emphasis on technological innovation and high-quality standards further contributes to its need for imported copper wire.

7. Vietnam - Emerging Import Market

Vietnam has shown significant growth in its import market for copper wire, reaching 817.8 million USD in 2022. The country's expanding construction, automotive, and electronics industries fuel the demand for copper wire. Vietnam's increasing infrastructure projects and investment in manufacturing industries contribute to the rising imports of copper wire.

8. Turkey - Growing Industrial Demand

Turkey has a growing industrial demand for copper wire, with an import value of 807.4 million USD in 2022. The country's construction, automotive, and electrical equipment sectors heavily rely on copper wire for various applications. Turkey's strategic geographical location, acting as a gateway between Europe and Asia, contributes to its import market for copper wire.

9. Morocco - Importing Copper Wire

Morocco imports copper wire worth 789.6 million USD in 2022. The country's construction, electrical, and telecommunications sectors are the major contributors to its copper wire demand. Morocco's focus on infrastructure development and increasing investment in renewable energy projects further boost its import market for copper wire.

10. Romania - Growing Import Market

Romania showcases a growing import market for copper wire, with an import value of 783.4 million USD in 2022. The country's manufacturing sector, including automotive, electrical equipment, and machinery, drives the demand for copper wire. Romania's membership in the European Union enhances trade opportunities and stimulates the import market for copper wire.

These top countries form the world's best import markets for copper wire, each driven by their unique industrial, economic, and technological factors. The import demand for copper wire is expected to continue its upward trajectory in the coming years, further enriching these markets and benefiting global trade.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global copper wire market. 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 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)

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

Company coverage:

Elcowire, Feindrahtwerk Adolf Edelhoff GmbH & Co. KG, Bemka Kupferlackdraht Gmbh, Kabeldrachen.De, Borsan Srl, Enercables, Cgp, Tesorax, Tressage Du Dorlay, Patelec Group, Lamifil, De Bo, Wohlfahrtsstiftung Der Elektrisola Feindraht Ag, Elkakon D.O.O., Adaylar Bakir Sanayi Ve Ticaret A.S., Novkabel, Balkan Cables Ltd, Kablomak, Dahrén Germany Gmbh, Tra.Sma S.P.A., Hi-Wire

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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