Report Update Apr 1, 2024

Puerto Rico - Copper Wire - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Copper Wire Market 2024

Copper Wire Market Size in Puerto Rico

The Puerto Rican copper wire market contracted modestly to $X in 2021, shrinking by -3.8% against the previous year. Overall, consumption recorded a noticeable downturn. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Copper Wire Production in Puerto Rico

In value terms, copper wire production dropped modestly to $X in 2021 estimated in export price. In general, production showed a perceptible reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 17%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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Copper Wire Exports

Exports from Puerto Rico

In 2021, copper wire exports from Puerto Rico amounted to less than X kg, approximately equating the year before. Overall, exports saw a relatively flat trend pattern.

In value terms, copper wire exports amounted to less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The shipments of the twelve major exporters of copper wire, namely Germany, the United Arab Emirates, Russia, Belgium, Canada, Poland, the United States, Spain, Turkey, Malaysia, France and Thailand, represented more than two-thirds of total export. China (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of +37.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United Arab Emirates ($X) and Russia ($X) were the countries with the highest levels of exports in 2021, together comprising 29% of total exports. These countries were followed by Belgium, Canada, Poland, the United States, Turkey, Spain, Malaysia, Thailand, France and China, which together accounted for a further 46%.

Thailand, with a CAGR of +39.2%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in the United Arab Emirates ($X per ton) and Turkey ($X per ton), while France ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the other leaders experienced more modest paces of growth.

Copper Wire Imports

Imports into Puerto Rico

Copper wire imports into Puerto Rico was estimated at less than X kg in 2021, standing approx. at the year before. Overall, imports recorded a relatively flat trend pattern.

In value terms, copper wire imports amounted to less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), followed by Italy (X tons) represented the key importers of copper wire, together achieving 13% of total imports. The following importers - India (X tons), China (X tons), Mexico (X tons), Saudi Arabia (X tons), Turkey (X tons), Germany (X tons), Romania (X tons), Vietnam (X tons), the Czech Republic (X tons), Morocco (X tons) and France (X tons) - together made up 36% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Saudi Arabia (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 17% share of total imports. Mexico, Turkey, India, Saudi Arabia, Germany, Romania, Vietnam, the Czech Republic, Morocco and France lagged somewhat behind, together comprising a further 32%.

Saudi Arabia, with a CAGR of +18.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in China ($X per ton) and Germany ($X per ton), while India ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper wire in the world?

China constituted the country with the largest volume of copper wire consumption, comprising approx. 18% of total volume. Moreover, copper wire consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by Italy, with a 3.5% share.

What are the largest producers of copper wire in the world?

The country with the largest volume of copper wire production was China, accounting for 18% of total volume. Moreover, copper wire production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Russia, with a 3.9% share.

What are the leading suppliers of copper wire to Puerto Rico?

In value terms, the United States, Italy and China were the countries with the highest levels of imports in 2021, with a combined 17% share of total imports. Mexico, Turkey, India, Saudi Arabia, Germany, Romania, Vietnam, the Czech Republic, Morocco and France lagged somewhat behind, together comprising a further 32%.

What are the leading importers of copper wire from Puerto Rico?

In value terms, Germany, the United Arab Emirates and Russia were the countries with the highest levels of exports in 2021, with a combined 29% share of total exports. Belgium, Canada, Poland, the United States, Turkey, Spain, Malaysia, Thailand, France and China lagged somewhat behind, together accounting for a further 46%.

What is the average export price for copper wire in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, approximately equating the previous year.

What is the average import price for copper wire in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, flattening at the previous year.

This report provides an in-depth analysis of the copper wire market in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023