
World - Refined Copper (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThe World's Best Import Markets for Copper
The world's best import markets for copper play a pivotal role in the global economy, with countries like China, the United States, and Germany leading the pack. According to data from the IndexBox market intelligence platform, these countries have consistently shown high import values for copper.
1. China - Leading the Global Copper Import Market
China has emerged as the world's largest importer of copper, with an import value of $37.2 billion in 2022. The country's booming economy and rapid industrialization have contributed to its massive demand for copper, which is used extensively in sectors such as construction, automotive, and electronics. China's import value for copper has been steadily increasing over the years, making it a significant player in the global copper market.
2. The United States - A Major Player in Copper Imports
The United States, as the second-largest importer of copper, recorded an import value of $6.6 billion in 2022. The country's strong manufacturing industry and infrastructure development have bolstered its copper demand. Copper is widely used in electrical wiring, plumbing, and transportation equipment in the U.S., making it a vital component of various sectors.
3. Germany - A Thriving Copper Import Market
Germany ranks third in the world's best import markets for copper, with an import value of $5.8 billion in 2022. The country's robust manufacturing sector, known for its automotive and machinery production, heavily relies on copper. Furthermore, Germany's commitment to transitioning toward renewable energy sources has increased the demand for copper in the production of solar panels and wind turbines.
4. Italy - Maintaining a Strong Copper Import Profile
Italy holds a prominent position in the global copper import market, ranking fourth with an import value of $5.5 billion in 2022. The country's mechanical engineering industry, renowned for its precision equipment and machinery, requires significant quantities of copper for manufacturing purposes. Additionally, Italy's construction sector also contributes to the demand for copper in the country.
5. Taiwan - A Growing Copper Import Market
Taiwan, also known as Chinese Taipei, has steadily increased its copper imports in recent years, with an import value of $3.9 billion in 2022. The country's strong electronics and semiconductor industry relies heavily on copper for circuitry and wiring. As Taiwan continues to innovate and expand its technological capabilities, the demand for copper is expected to rise further.
6. Thailand - Importing Significant Amounts of Copper
Thailand, with an import value of $3.5 billion in 2022, remains an important market for copper. The country's growing construction and automotive sectors drive the demand for copper. Furthermore, Thailand's electrical and electronic industry, which produces various consumer electronics and appliances, also contributes to its significant copper imports.
7. Turkey - An Active Player in the Copper Import Market
Turkey has emerged as a noteworthy copper import market, with an import value of $3.4 billion in 2022. The country's construction industry, which experiences continuous development and urbanization, requires substantial amounts of copper for wiring and plumbing. Additionally, Turkey's automotive sector also contributes to its copper imports, as the country is known for its vehicle production.
8. United Arab Emirates - Importing Copper for Infrastructure Development
The United Arab Emirates (UAE) is actively importing copper, with an import value of $3.3 billion in 2022. The country's ambitious infrastructure development projects, such as the construction of cities and transportation networks, necessitate considerable copper imports. As the UAE continues to strive for urban expansion and economic diversification, its demand for copper is expected to remain robust.
9. South Korea - Increasing Copper Imports
South Korea's copper imports have been steadily increasing, with an import value of $3.0 billion in 2022. The country's strong manufacturing industry, particularly in electronics and automotive production, drives its copper demand. Moreover, South Korea's commitment to renewable energy sources, including solar and wind power, contributes to the rising need for copper.
10. Malaysia - An Impressive Copper Import Market
Malaysia has established itself as a significant copper importer, with an import value of $2.5 billion in 2022. The country's construction industry, infrastructure projects, and electrical manufacturing sector contribute to its strong demand for copper. Malaysia's continuous urban development and modernization further drive the need for copper in various industries.
These top import markets for copper demonstrate the global demand and significance of this versatile metal. From China's leading position as the world's largest copper importer to Malaysia's impressive growth as a significant player, these countries rely on copper for their economic development and industrial production.
IndexBox market intelligence platform provides valuable insights into the world's best import markets for copper, offering in-depth data and statistics to assist businesses and stakeholders in making informed decisions. By analyzing trends, regulations, and market dynamics, the platform equips users with vital information to navigate the complex copper import market.
In conclusion, the top import markets for copper, including China, the United States, Germany, Italy, and others, highlight the global demand and importance of this essential metal. The continued growth and development of these markets depend on the availability of copper, making it a vital component for various industries worldwide.
This report provides an in-depth analysis of the global refined copper market. 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 24441330 - Unwrought unalloyed refined copper (excluding rolled, e xtruded or forged sintered products)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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, 2012–2024