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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Copper Bars Market

Copper bars market: read the latest facts and figures featured by an Ai-driven market research platform. Info include trade, companies, exports, imports, consumption, market size, production, and market prices. Here is a split by region, including the U.S., China, Latin America, the Middle East, EU, Russia, the U.K., and Africa. Market dynamics and outlook to 2030 are also provided in the snapshots.


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Copper Bars - World's Largest Markets

RatingCountry
1China
2India
3United States
4Japan
5Russia

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In China, the copper bars, wire and plates market expanded at an average annual rate of +3.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+3.3% per year) and the United States (-2.2% per year).

Copper Bars, Wire And Plates Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia641259845696-5.7%
Spain614762695800-2.9%
Italy674061856161-4.4%
United Arab Emirates712563076301-6.0%
Poland668162726380-2.3%
Thailand697666836390-4.3%
Belgium695064026495-3.3%
Canada696864456497-3.4%
South Korea699265616534-3.3%
France770867256764-6.3%
Germany764770656971-4.5%
United States806376967809-1.6%
Japan1034810119105330.9%
Average727468186785-3.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($10,533 per ton), while Russia ($5,696 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China836579047521-5.2%
United States781572777259-3.6%
Thailand781074207250-3.7%
Mexico718268347137-0.3%
Vietnam787868866896-6.4%
India713065236769-2.6%
Germany715666556674-3.4%
France789663456630-8.4%
Czech Republic727566616520-5.3%
Poland679463696371-3.2%
Italy674863036279-3.5%
Saudi Arabia679662656077-5.4%
United Kingdom690863115839-8.1%
Average727167906752-3.6%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($7,521 per ton) and the United States ($7,259 per ton), while the UK ($5,839 per ton) and Saudi Arabia ($6,077 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced a decline in the import price figures.

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Copper Bars, Wire and Plates - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China2.52.12.2-6.7%
United States2.62.42-10.6%
Italy1.91.61.7-4.8%
Germany1.61.41.2-13.5%
Mexico1.31.21-15.0%

In value terms, China ($2.2B), the United States ($2B) and Italy ($1.7B) constituted the countries with the highest levels of imports in 2020, together accounting for 22% of global imports. Germany, Mexico, France, Saudi Arabia, India, Vietnam, the Czech Republic, Thailand, the UK and Poland lagged somewhat behind, together comprising a further 31%.

Vietnam saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Copper Bars, Wire and Plates - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany6.85.55.5-9.7%
United Arab Emirates2.31.71.8-10.7%
Japan1.81.61.6-7.4%
United States21.81.5-13.4%
South Korea1.71.41.3-11.9%

In value terms, Germany ($5.5B) remains the largest copper bars, wire and plates supplier worldwide, comprising 20% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($1.8B), with a 6.5% share of global exports. It was followed by Japan, with a 5.5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Germany stood at -9.7%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-10.7% per year) and Japan (-7.4% per year).

Copper Bars, Wire and Plates - Market Forecast

The market for copper bars, wire and plates is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.0% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Copper Bars - Product Coverage

  • HS 7407 - Copper; bars, rods and profiles
  • HS 7408 - Copper wire
  • HS 7409 - Copper plates, sheets and strip; of a thickness exceeding 0.15mm

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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