Report Update: Apr 1, 2024

World - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights

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Copper stranded wire market

Copper stranded wire market: find the latest statistics featured by an Ai-driven market intelligence platform. Datasets contain imports, trade, market prices, consumption, companies, market size, production, and exports. There is a split by region, including Africa, Latin America, the U.S., China, EU, the Middle East, Russia, and the U.K. Market trends and forecast to 2030 are also provided in the dashboards.

Copper Stranded Wire - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Japan
5	Pakistan

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

In China, the copper stranded wire market increased at an average annual rate of +6.6% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+3.4% per year) and India (+6.1% per year).

Copper Stranded Wire Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Saudi Arabia	5090	4622	4507	-5.9%
Spain	7762	6994	5646	-14.7%
France	8245	7600	6538	-11.0%
Turkey	7508	6890	7056	-3.1%
Bulgaria	6262	6532	7090	6.4%
Poland	7570	7105	7225	-2.3%
Germany	8228	7737	7447	-4.9%
South Korea	7639	7280	7885	1.6%
Mexico	8013	7548	8021	0.0%
Italy	7958	7772	8372	2.6%
United States	8812	9204	9152	1.9%
China	9757	10361	9802	0.2%
Average	7861	7506	7349	-3.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($9,802 per ton), while Saudi Arabia ($4,507 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Mexico	9689	9151	11039	6.7%
China	8815	8374	8543	-1.6%
Switzerland	8724	8215	8083	-3.7%
France	8559	7926	7563	-6.0%
Canada	7440	7374	7393	-0.3%
Germany	7753	7470	7264	-3.2%
United Kingdom	7486	7251	7258	-1.5%
Italy	7608	7047	7155	-3.0%
Austria	7981	7160	6820	-7.6%
Poland	7634	6302	6739	-6.0%
Philippines	7513	6945	6319	-8.3%
Spain	6421	6536	4966	-12.1%
United Arab Emirates	5369	5161	4169	-11.9%
Average	8184	7656	7604	-3.6%

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($11,039 per ton), while the United Arab Emirates ($4,169 per ton) was 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.

Copper Stranded Wire - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Mexico	0.3	0.2	0.2	-29.1%
China	0.1	0.1	0.1	-4.0%
Germany	0.1	0.1	0.1	-7.6%
France	0.1	0.1	0.1	1.1%
Canada	0.1	0.1	0.1	-8.2%

In value terms, Mexico ($159M), China ($128M) and Germany ($127M) were the countries with the highest levels of imports in 2020, with a combined 27% share of global imports. France, Canada, Italy, the UK, Austria, Poland, Switzerland, the Philippines, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further 39%.

The Philippines (+110.7% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Copper Stranded Wire - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Turkey	0.4	0.4	0.4	-10.3%
United States	0.4	0.4	0.3	-21.7%
Germany	0.3	0.3	0.2	-7.6%
Spain	0.1	0.1	0.1	-3.2%
Saudi Arabia	0.02	0.05	0.06	81.2%

In value terms, the largest copper stranded wire supplying countries worldwide were Turkey ($362M), the United States ($265M) and Germany ($249M), together comprising 54% of global exports. Spain, Saudi Arabia, Poland, South Korea, Italy, France, China, Bulgaria and Mexico lagged somewhat behind, together comprising a further 31%.

Bulgaria (+173.8% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Copper Stranded Wire - Market Forecast

Driven by increasing demand for copper stranded wire worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Copper Stranded Wire - Top Companies

Taishan Group Tai'an Taishan Electric Vehicle Wire Co., Ltd., JOHOKU DENSO K.K., WALSIN LIHWA CORPORATION, Zhejiang Hailiang Co., Ltd., Jiangsu Zhongtian Technology Co.,Ltd, General Cable Corporation, Baosheng Science and Technology Innovation Co., Ltd., Jiangsu Zhongli Group Co., Ltd., CRANE ENFIELD METALS PTY. LIMITED, Far East Smarter Energy Co., Ltd., Belden Inc., PHILIPPINE ASSOCIATED SMELTING AND REFINING CORPORATION, ATLANTIC COPPER, S.L.U., Tongling Jingda Special Magnet Wire Co., Ltd., MM PAYMENT SOLUTIONS PTY LIMITED, Poongsan Corporation, Global Brass and Copper Holdings, Inc., CUNEXT COPPER INDUSTRIES SL, NEXANS FRANCE, KME Germany GmbH & Co. KG

Copper Stranded Wire - Product Coverage

HS 7413 - Copper; stranded wire, cables, plaited bands and the like, not electrically insulated

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global copper stranded 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 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric 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

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.

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. 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. 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. 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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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