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EU - Copper Wire - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

EU - Copper Wire - Market Analysis, Forecast, Size, Trends And Insights

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Jul 14, 2022

EU Copper Wire Exports Skyrocket to $10.6B

IndexBox has just published a new report: 'EU - Copper Wire - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The EU copper wire market was estimated at approx. $11.6B in 2021. Italy, Germany and Spain constituted the countries with the highest levels of market value in 2021, with a combined 38% share of the total market. These countries were followed by the Netherlands, Romania, Poland, the Czech Republic, Hungary, Portugal, Belgium, Austria, Sweden and France, which together accounted for a further 49%.

Consumption by Country

The countries with the highest volumes of in 2021 were Italy, Germany and France, with a combined 55% share of total consumption. Spain, the Netherlands, Romania, Poland, the Czech Republic, Belgium, Portugal, Hungary, Austria and Sweden lagged somewhat behind, together accounting for a further 36%.

EU Copper Wire Production

In 2021, production of copper wire was estimated at approx. 2.6M tons. In value terms, production totaled $9.9B estimated in export price.

The countries with the highest outputs in 2021 were Germany, Italy and France, together accounting for 59% of total production. These countries were followed by Spain, Belgium, Poland and Sweden, which together accounted for a further 33%.

EU Copper Wire Exports

In 2021, overseas shipments of copper wire were finally on the rise to reach 1.1M tons for the first time since 2014, thus ending a six-year declining trend. This figure includes trade volumes between the EU countries and shipped outside the EU.

In value terms, exports soared to $10.6B in 2021. This figure includes trade between EU member countries.

Exports by Country

In 2021, Germany (362K tons), distantly followed by Belgium (204K tons), Poland (170K tons), Spain (147K tons), France (101K tons), Sweden (69K tons) and Italy (54K tons) were the major exporters of copper wire, together generating 97% of total volume.

In value terms, Germany ($3.5B), Belgium ($1.9B) and Poland ($1.6B) were the countries with the highest levels of exports in 2021, together accounting for 67% of total supplies.

Poland, with a CAGR of +3.5%, saw the highest growth rate of the value of exports, among the main exporting countries over the past decade. Shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average export price for copper wire in the European Union stood at $9,263 per ton in 2021, rising by 43% against the previous year. Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($9,741 per ton) and Italy ($9,579 per ton), while France ($7,808 per ton) and Spain ($8,218 per ton) were amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.8%), while the other leaders experienced more modest paces of growth.

EU Copper Wire Imports

In 2021, approx. 936K tons of copper wire were imported in the European Union; growing by 9.2% compared with the previous year's figure. This figure includes trade volumes between the EU countries and shipped outside the EU.

In value terms, imports soared to $8.5B in 2021. This figure includes trade between EU member countries.

Imports by Country

In 2021, Italy (139K tons), followed by Romania (92K tons), Germany (92K tons), the Czech Republic (81K tons), France (71K tons), Poland (68K tons), Hungary (58K tons), Austria (56K tons) and Portugal (50K tons) represented the main importers of copper wire, together generating 76% of total purchases. The following importers - Belgium (37K tons), the Netherlands (33K tons), Spain (30K tons) and Finland (26K tons) - together made up 14% of total volume.

In value terms, Italy ($1.3B), Germany ($897M) and Romania ($874M) were the countries with the highest levels of imports in 2021, together accounting for 36% of total supplies.

Romania, with a CAGR of +5.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the past decade. Purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $9,088 per ton in 2021, with an increase of 42% against the previous year. Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Germany ($9,754 per ton) and Romania ($9,499 per ton), while Spain ($7,286 per ton) and Belgium ($7,362 per ton) were amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the EU, split by region and country
  • Trade (exports and imports) in the EU
  • 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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