Iran - Copper Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Wire Price in Iran - 2021
Contents:
- Copper Wire Price in Iran (FOB) - 2022
- Copper Wire Price in Iran (CIF) - 2022
- Copper Wire Exports in Iran
- Copper Wire Imports in Iran
Copper Wire Price in Iran (FOB) - 2022
The average copper wire export price stood at $9,062 per ton in 2022, with an increase of 17% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iraq ($9,868 per ton) and Turkey ($9,232 per ton), while the average price for exports to Syrian Arab Republic ($6,950 per ton) and India ($8,074 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Wire Price in Iran (CIF) - 2022
In 2022, the average copper wire import price amounted to $13,455 per ton, with an increase of 28% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper wire import price increased by +91.7% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($24,046 per ton), while the price for France ($6,385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+264.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Wire Exports in Iran
In 2022, the amount of copper wire exported from Iran surged to 20K tons, rising by 75% on 2021 figures. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 258% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, copper wire exports skyrocketed to $177M in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 276% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Copper Wire in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.6 | 38.3 | 56.8 | 152 | 184.5% |
| Armenia | N/A | N/A | 0.1 | 5.1 | 5000.0% |
| Iraq | 0.2 | 2.1 | 2.3 | 4.0 | 171.4% |
| India | 4.2 | 4.0 | 1.3 | 3.9 | -2.4% |
| Syrian Arab Republic | 1.4 | 6.1 | 1.3 | 3.4 | 34.4% |
| China | 1.3 | 5.5 | 2.4 | 3.1 | 33.6% |
| Germany | N/A | N/A | 11.5 | N/A | 0% |
| Malaysia | N/A | N/A | 6.6 | N/A | 0% |
| Others | 1.7 | 1.7 | 4.6 | 5.7 | 49.7% |
| Total | 15.4 | 57.9 | 86.9 | 177 | 125.7% |
Top Export Markets for Copper Wire from Iran in 2022:
- Turkey (16.5K tons)
- Armenia (0.6K tons)
- India (0.5K tons)
- Syrian Arab Republic (0.5K tons)
- Iraq (0.4K tons)
- China (0.3K tons)
Copper Wire Imports in Iran
In 2022, the amount of copper wire imported into Iran shrank notably to 88 tons, dropping by -19.3% against 2021 figures. Over the period under review, imports recorded a abrupt contraction. The smallest decline of -17.7% was in 2020.
In value terms, copper wire imports totaled $1.2M in 2022. In general, imports continue to indicate a drastic downturn.
| Import of Copper Wire in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 519 | 294 | 268 | 229 | -23.9% |
| United Arab Emirates | 174 | 297 | 319 | 182 | 1.5% |
| Netherlands | N/A | N/A | N/A | 111 | 0% |
| Turkey | 254 | 232 | 80.4 | 87.7 | -29.8% |
| France | 105 | 89.3 | 98.8 | 87.3 | -6.0% |
| Germany | 107 | 106 | 87.6 | 68.4 | -13.9% |
| Austria | 0.4 | 0.1 | N/A | 35.6 | 346.5% |
| South Korea | 37.6 | 19.5 | 9.2 | 9.6 | -36.6% |
| United Kingdom | 60.4 | N/A | 0.6 | N/A | -90.0% |
| Others | 296 | 275 | 277 | 369 | 7.6% |
| Total | 1,553 | 1,313 | 1,141 | 1,179 | -8.8% |
Top Suppliers of Copper Wire to Iran in 2022:
- United Arab Emirates (20.2 tons)
- China (19.5 tons)
- France (13.7 tons)
- Turkey (8.7 tons)
- Netherlands (4.6 tons)
- Germany (2.8 tons)
- Austria (2.0 tons)
- South Korea (0.5 tons)
This report provides an in-depth analysis of the copper wire market in Iran. 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:
- Iran
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- 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
-
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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This report provides an in-depth analysis of the copper wire market in Iran.
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Iran.
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This report provides an in-depth analysis of the global copper wire market.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
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This report provides an in-depth analysis of the copper wire market in Iran.
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This report provides an in-depth analysis of the global copper wire market.
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Explore the top import markets for copper wire, including the United States, Italy, Mexico, China, and more. Discover key statistics and import values using IndexBox market intelligence.
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Explore the top import markets for copper bars, wire, and plates, including the United States, China, Italy, Germany, and more. Discover key statistics and import values from 2022. Find growth opportunities in the global copper industry.
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Explore the top import markets for copper wire, including the United States, Italy, Mexico, China, and more. Discover key statistics and import values using IndexBox market intelligence.
