Latest Report Update: Jun 30, 2020

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 2020

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 year in a row after two years of growth. In general, consumption recorded a deep setback. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

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

In value terms, copper and copper alloy product production dropped to $X in 2019. In general, production faced a abrupt contraction. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. 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, overseas shipments of copper and copper alloy products decreased by -X% to X tonnes, falling for the fifth year in a row after two years of growth. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2015 to 2019, the growth exports failed to regain the momentum.

In value terms, copper and copper alloy product exports contracted to $X in 2019. Overall, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

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 totaled -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 stood at -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, which is down by -X% against the previous year. Over the period from 2013 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2018, and then contracted slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2019, 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 2013 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 two years of growth, overseas purchases of copper and copper alloy products decreased by -X% to X tonnes in 2019. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes, and then declined in the following year.

In value terms, copper and copper alloy product imports contracted to $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest supplier of copper and copper alloy product 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, Germany (X tonnes), threefold. Mexico (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: Germany (+X% per year) and Mexico (-X% per year).

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

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

Import Prices by Country

In 2019, the average import price for copper and copper alloy products amounted to $X per tonne, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

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 2013 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced mixed trend patterns.

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 43% of total imports. The second position in the ranking was occupied by Germany ($401M), with a 14% share of total imports. It was followed by Mexico, with a 11% share.
What are the leading importers of copper and copper alloy products from the U.S.?
+
In value terms, Mexico ($1.4B) remains the key foreign market for copper and copper alloy product exports from the U.S., comprising 56% of total exports. The second position in the ranking was occupied by Canada ($558M), 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 $9,304 per tonne, reducing by -2.9% 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 $8,277 per tonne in 2019, increasing by 3.9% 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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