Benelux: Market for Copper Bars, Rods and Profiles 2024

Market Size for Copper Bars, Rods and Profiles in Benelux

The Benelux market for copper bars, rods and profiles expanded slightly to $X in 2022, rising by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Copper Bars, Rods and Profiles in Benelux

In value terms, copper bar, rod and profile production reached $X in 2022 estimated in export price. Overall, production, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Copper Bars, Rods and Profiles

Exports in Benelux

In 2022, shipments abroad of copper bars, rods and profiles was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper bar, rod and profile exports expanded modestly to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium was the key exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports.

Belgium was also the fastest-growing in terms of the copper bars, rods and profiles exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, Belgium ($X) remains the largest copper bar, rod and profile supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

In Belgium, copper bar, rod and profile exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bar, rod and profile export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Copper Bars, Rods and Profiles

Imports in Benelux

For the third consecutive year, Benelux recorded growth in supplies from abroad of copper bars, rods and profiles, which increased by X% to X tons in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper bar, rod and profile imports rose slightly to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Netherlands dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Belgium (X tons), creating a X% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the copper bars, rods and profiles imports, with a CAGR of X% from 2012 to 2022. Luxembourg (X%) and Belgium (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Luxembourg and Belgium saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported copper bars, rods and profiles in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports.

In the Netherlands, copper bar, rod and profile imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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