Italy - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bars, Wire and Plates in Italy - 2023
Contents:
- Price for Copper Bars, Wire and Plates in Italy (CIF) - 2023
- Price for Copper Bars, Wire and Plates in Italy (FOB) - 2023
- Imports of Copper Bars, Wire and Plates in Italy
- Exports of Copper Bars, Wire and Plates in Italy
Price for Copper Bars, Wire and Plates in Italy (CIF) - 2023
In July 2023, the average import price for copper bars, wire and plates amounted to $9,003 per ton, shrinking by -5.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 10% month-to-month. The import price peaked at $9,665 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Turkey ($10,182 per ton) and Sweden ($9,700 per ton), while the price for Spain ($8,448 per ton) and Germany ($8,633 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Bars, Wire and Plates in Italy (FOB) - 2023
The average export price for copper bars, wire and plates stood at $8,927 per ton in July 2023, falling by -2.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 7.2% against the previous month. As a result, the export price attained the peak level of $9,491 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Romania ($10,581 per ton) and Switzerland ($10,131 per ton), while the average price for exports to Slovenia ($7,885 per ton) and Austria ($7,940 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Bars, Wire and Plates in Italy
For the fourth year in a row, Italy recorded growth in purchases abroad of copper bars, wire and plates, which increased by 2.8% to 298K tons in 2022. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 7.6%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, copper bars, wire and plates imports amounted to $2.9B in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Copper Bars, Wire and Plates in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 807 | 957 | 1,171 | 1,329 | 18.1% |
| Spain | 235 | 180 | 363 | 404 | 19.8% |
| Turkey | 122 | 114 | 223 | 284 | 32.5% |
| France | 106 | 96.2 | 185 | 196 | 22.7% |
| Bulgaria | 52.1 | 64.0 | 120 | 143 | 40.0% |
| Belgium | 59.2 | 69.3 | 122 | 111 | 23.3% |
| Greece | 24.0 | 19.8 | 34.0 | 52.8 | 30.1% |
| Netherlands | 32.9 | 31.7 | 40.8 | 46.3 | 12.1% |
| Others | 196 | 166 | 302 | 284 | 13.2% |
| Total | 1,634 | 1,699 | 2,563 | 2,851 | 20.4% |
Top Suppliers of Copper Bars, Wire and Plates to Italy in 2022:
- Germany (140.5K tons)
- Spain (45.0K tons)
- Turkey (27.8K tons)
- France (20.8K tons)
- Bulgaria (13.8K tons)
- Belgium (10.9K tons)
- Greece (6.6K tons)
- Netherlands (5.2K tons)
Exports of Copper Bars, Wire and Plates in Italy
Copper bars, wire and plates exports from Italy dropped to 233K tons in 2022, with a decrease of -2.4% on 2021. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of 239K tons, and then dropped in the following year.
In value terms, copper bars, wire and plates exports rose rapidly to $2.2B in 2022. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2021 when exports increased by 86%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Copper Bars, Wire and Plates in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 292 | 211 | 357 | 425 | 13.3% |
| Germany | 201 | 162 | 360 | 399 | 25.7% |
| France | 162 | 130 | 248 | 266 | 18.0% |
| Spain | 117 | 106 | 191 | 214 | 22.3% |
| Switzerland | 60.8 | 61.3 | 88.1 | 108 | 21.1% |
| Czech Republic | 40.0 | 42.2 | 72.9 | 80.3 | 26.1% |
| Croatia | 27.6 | 10.7 | 60.8 | 65.2 | 33.2% |
| Slovenia | 42.7 | 39.6 | 74.2 | 64.2 | 14.6% |
| Poland | 23.6 | 23.4 | 37.9 | 58.7 | 35.5% |
| Slovakia | 36.6 | 28.9 | 66.0 | 57.9 | 16.5% |
| Bosnia and Herzegovina | 18.4 | 21.2 | 49.2 | 57.0 | 45.8% |
| Austria | 19.3 | 21.1 | 46.7 | 55.3 | 42.0% |
| United Kingdom | 24.1 | 25.6 | 36.2 | 38.0 | 16.4% |
| Others | 251 | 205 | 331 | 284 | 4.2% |
| Total | 1,315 | 1,088 | 2,020 | 2,172 | 18.2% |
Top Export Markets for Copper Bars, Wire and Plates from Italy in 2022:
- Germany (45.3K tons)
- Tunisia (44.9K tons)
- France (28.1K tons)
- Spain (23.2K tons)
- Switzerland (11.2K tons)
- Czech Republic (8.5K tons)
- Slovenia (7.5K tons)
- Croatia (6.7K tons)
- Poland (6.6K tons)
- Austria (6.5K tons)
- Slovakia (6.0K tons)
- Bosnia and Herzegovina (5.8K tons)
- United Kingdom (4.0K tons)
This report provides an in-depth analysis of the market for copper bars, wire and plates in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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In value terms, copper bars, rods and profiles imports totaled $X in 2016. Overall, copper bars, rods and profiles imports continue to indicate a deep descent. Over the period under review, global ...
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In value terms, copper bars, rods and profiles exports stood at $X in 2016. Overall, copper bars, rods and profiles exports continue to indicate a drastic slump. Global copper bars, rods and profil...
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In value terms, copper stranded wire and cables exports stood at $X in 2016. In general, copper stranded wire and cables exports continue to indicate a relatively flat trend pattern. Global copper ...
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