Latest Report Update: Mar 25, 2021

U.S. Copper And Copper Alloy Products Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Copper And Copper Alloy Products 2021

Market Size for Copper And Copper Alloy Products in the U.S.

In 2019, the U.S. market for copper and copper alloy products decreased by -X% to $X, falling for the fifth consecutive year after eight years of growth. Over the period under review, consumption recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Production of Copper And Copper Alloy Products in the U.S.

In value terms, copper and copper alloy product production fell to $X in 2019. Overall, production faced a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2019, production growth failed to regain the momentum.

Exports of Copper And Copper Alloy Products

Exports from the U.S.

In 2019, shipments abroad of copper and copper alloy products decreased by -X% to X tonnes, falling for the fifth year in a row after eight years of growth. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, copper and copper alloy product exports declined to $X in 2019. In general, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tonnes) was the main destination for copper and copper alloy product exports from the U.S., with a X% share of total exports. Moreover, copper and copper alloy product exports to Mexico exceeded the volume sent to the second major destination, Canada (X tonnes), threefold.

From 2013 to 2019, the average annual rate of growth in terms of volume to Mexico amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and China (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for copper and copper alloy product exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of value to Mexico amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and China (-X% per year).

Export Prices by Country

The average export price for copper and copper alloy products stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per tonne in 2018, and then fell slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper And Copper Alloy Products

Imports into the U.S.

After three years of growth, purchases abroad of copper and copper alloy products decreased by -X% to X tonnes in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes, and then contracted in the following year.

In value terms, copper and copper alloy product imports dropped to $X in 2019. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest copper and copper alloy product supplier to the U.S., accounting for a X% share of total imports. Moreover, copper and copper alloy product imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), threefold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Germany (-X% per year).

In value terms, Canada ($X) constituted the largest supplier of copper and copper alloy product to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2019, the average import price for copper and copper alloy products amounted to $X per tonne, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The import price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of copper and copper alloy products to the U.S.?
+
In value terms, Canada ($1.3B) constituted the largest supplier of copper and copper alloy product to the U.S., comprising 38% of total imports. The second position in the ranking was occupied by Mexico ($502M), with a 14% share of total imports. It was followed by Germany, with a 14% share.
What are the leading importers of copper and copper alloy products from the U.S.?
+
In value terms, Mexico ($1.5B) remains the key foreign market for copper and copper alloy product exports from the U.S., comprising 55% of total exports. The second position in the ranking was occupied by Canada ($587M), with a 22% share of total exports.
What is the average export price for copper and copper alloy products in the U.S.?
+
In 2019, the average export price for copper and copper alloy products amounted to $9,191 per tonne, which is down by -3.2% against the previous year.
What is the average import price for copper and copper alloy products in the U.S.?
+
The average import price for copper and copper alloy products stood at $8,469 per tonne in 2019, increasing by 4.3% against the previous year.

Product coverage:
• NAICS 331420 - Copper rolling, drawing, extruding, and alloying

This report provides an in-depth analysis of the market for copper and copper alloy product in the U.S.. 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 2025.


Companies mentioned:
• Southwire Company
• General Cable Corporation
• Belden Inc.
• Monster
• Tensolite
• Hcl Liquidation Ltd.
• The Okonite Company
• Champlain Cable Corporation
• Rscc Wire & Cable
• Global Brass and Copper
• Cerro Flow Products
• Cerro Wire
• Aurubis Buffalo
• Alan Wire Company
• Wolverine Tube
• Heyco Inc.
• Belden Wire & Cable Company
• Gd Copper (u.s.a.)
• Alcan Corporation
• Materion Brush
• Wieland Copper Products
• Camden Wire Co
• Mueller Copper Tube Products
• Mueller Brass Co.
• International Wire Group
• Phelps Dodge Africa Cable Corporation
• Huber + Suhner (usa) Corporation
• General Cable Industries
• Global Brass and Copper Holdings
• Gbc Metals
• Mueller Brass Holding Company
• Heyco Products
• International Wire Group

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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