Eastern Europe: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Eastern Europe

The East European market for copper bars, wire and plates expanded modestly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Copper Bars, Wire And Plates in Eastern Europe

In value terms, copper bars, wire and plates production stood at $X in 2022 estimated in export price. In general, production continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Copper Bars, Wire And Plates

Exports in Eastern Europe

In 2022, exports of copper bars, wire and plates in Eastern Europe dropped dramatically to X tons, falling by X% compared with 2021 figures. In general, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper bars, wire and plates exports dropped significantly to $X in 2022. Overall, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Poland was the main exporting country with an export of about X tons, which accounted for X% of total exports. Bulgaria (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%). The Czech Republic (X tons) and Ukraine (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to copper bars, wire and plates exports from Poland stood at X%. At the same time, Bulgaria (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%), Ukraine (X%) and Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest copper bars, wire and plates supplying countries in Eastern Europe were Poland ($X), Bulgaria ($X) and Russia ($X), together accounting for X% of total exports.

Among the main exporting countries, Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, remaining constant against the previous year. Export price indicated a slight 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 bars, wire and plates export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports in Eastern Europe

After two years of growth, purchases abroad of copper bars, wire and plates decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped modestly in the following year.

In value terms, copper bars, wire and plates imports shrank modestly to $X in 2022. Total imports indicated perceptible growth 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced slightly in the following year.

Imports by Country

The Czech Republic (X tons), Poland (X tons), Romania (X tons) and Hungary (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Slovakia (X tons) and Bulgaria (X tons), together comprising a X% share of total imports. Belarus (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Hungary, Slovakia, Bulgaria and Belarus lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Belarus ($X per ton) and Poland ($X per ton), while Hungary ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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