
Thailand - Copper Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand Copper Wire Price Fluctuates Wildly, Drops 2% to $9,303/Ton in 2022
Thailand Copper Wire Export Price in February 2023
In February 2023, the copper wire price stood at $9,303 per ton in December 2022 (FOB, Thailand), falling by -1.7% against the previous month. In general, the export price showed a perceptible shrinkage. The pace of growth appeared the most rapid in November 2022 an increase of 5.7% month-to-month. The export price peaked at $11,847 per ton in May 2022; however, from June 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In December 2022, the highest price was recorded for prices to Japan ($10,153 per ton) and India ($9,393 per ton), while the average price for exports to Vietnam ($8,928 per ton) and the Philippines ($9,098 per ton) were amongst the lowest.
From February 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.1%), while the prices for the other major destinations experienced a decline.
Thailand Copper Wire Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) ($13,072 per ton), while the average price for exports of copper; wire, of copper-zinc base alloys (brass) ($3,583 per ton) was amongst the lowest.
From February 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for the following types: copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) (+0.0%), while the prices for the other products experienced more modest paces of growth.
Thailand Copper Wire Exports
In February 2023, overseas shipments of copper wire were finally on the rise to reach 3.7K tons after three months of decline. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in June 2022 when exports increased by 1,290% against the previous month. The exports peaked at 4.2K tons in August 2022; however, from September 2022 to February 2023, the exports remained at a lower figure.
In value terms, copper wire exports totaled less than $0.1 (IndexBox estimates) in February 2023. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in June 2022 with an increase of 1,028% month-to-month. The exports peaked at 39K tons in August 2022; however, from September 2022 to February 2023, the exports stood at a somewhat lower figure.
Thailand Copper Wire Exports by Type
Copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm (3.2K tons) was the largest type of copper wire exported from Thailand, with a 100% share of total exports. It was followed by copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) (1.6 tons), with a 0.1% share of total exports.
From February 2022 to December 2022, the average monthly rate of growth in terms of the volume of export of copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm amounted to +76.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) (+0.0% per month) and copper; wire, of copper-zinc base alloys (brass) (-37.9% per month).
In value terms, copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm ($29M) remains the largest type of copper wire exported from Thailand, comprising 100% of total exports. The second position in the ranking was held by copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) ($21K), with a 0.1% share of total exports.
From February 2022 to December 2022, the average monthly rate of growth in terms of the export volume of copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm stood at +73.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: copper; wire, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) (+0.0% per month) and copper; wire, of copper-zinc base alloys (brass) (-42.8% per month).
Thailand Copper Wire Exports by Country
India (2.3K tons) was the main destination for copper wire exports from Thailand, accounting for a 71% share of total exports. Moreover, copper wire exports to India exceeded the volume sent to the second major destination, the Philippines (421 tons), fivefold. Vietnam (421 tons) ranked third in terms of total exports with a 13% share.
From February 2022 to December 2022, the average monthly growth rate of volume to India amounted to +242.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (+321.6% per month) and Vietnam (+165.0% per month).
In value terms, India ($21M) remains the key foreign market for copper wire exports from Thailand, comprising 72% of total exports. The second position in the ranking was taken by the Philippines ($3.8M), with a 13% share of total exports. It was followed by Vietnam, with a 13% share.
From February 2022 to December 2022, the average monthly rate of growth in terms of value to India amounted to +176.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (+301.9% per month) and Vietnam (+274.1% per month).
This report provides an in-depth analysis of the copper wire market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024