Report Update: Jan 1, 2025

World - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Copper bars market

Copper bars market: read the latest facts and figures featured by an Ai-driven market research platform. Info include trade, companies, exports, imports, consumption, market size, production, and market prices. Here is a split by region, including the U.S., China, Latin America, the Middle East, EU, Russia, the U.K., and Africa. Market dynamics and outlook to 2030 are also provided in the snapshots.

Copper Bars - World's Largest Markets

Rating	Country
1	China
2	India
3	United States
4	Japan
5	Russia

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In China, the copper bars, wire and plates market expanded at an average annual rate of +3.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+3.3% per year) and the United States (-2.2% per year).

Copper Bars, Wire And Plates Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	6412	5984	5696	-5.7%
Spain	6147	6269	5800	-2.9%
Italy	6740	6185	6161	-4.4%
United Arab Emirates	7125	6307	6301	-6.0%
Poland	6681	6272	6380	-2.3%
Thailand	6976	6683	6390	-4.3%
Belgium	6950	6402	6495	-3.3%
Canada	6968	6445	6497	-3.4%
South Korea	6992	6561	6534	-3.3%
France	7708	6725	6764	-6.3%
Germany	7647	7065	6971	-4.5%
United States	8063	7696	7809	-1.6%
Japan	10348	10119	10533	0.9%
Average	7274	6818	6785	-3.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($10,533 per ton), while Russia ($5,696 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	8365	7904	7521	-5.2%
United States	7815	7277	7259	-3.6%
Thailand	7810	7420	7250	-3.7%
Mexico	7182	6834	7137	-0.3%
Vietnam	7878	6886	6896	-6.4%
India	7130	6523	6769	-2.6%
Germany	7156	6655	6674	-3.4%
France	7896	6345	6630	-8.4%
Czech Republic	7275	6661	6520	-5.3%
Poland	6794	6369	6371	-3.2%
Italy	6748	6303	6279	-3.5%
Saudi Arabia	6796	6265	6077	-5.4%
United Kingdom	6908	6311	5839	-8.1%
Average	7271	6790	6752	-3.6%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($7,521 per ton) and the United States ($7,259 per ton), while the UK ($5,839 per ton) and Saudi Arabia ($6,077 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced a decline in the import price figures.

Copper Bars, Wire and Plates - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	2.5	2.1	2.2	-6.7%
United States	2.6	2.4	2	-10.6%
Italy	1.9	1.6	1.7	-4.8%
Germany	1.6	1.4	1.2	-13.5%
Mexico	1.3	1.2	1	-15.0%

In value terms, China ($2.2B), the United States ($2B) and Italy ($1.7B) constituted the countries with the highest levels of imports in 2020, together accounting for 22% of global imports. Germany, Mexico, France, Saudi Arabia, India, Vietnam, the Czech Republic, Thailand, the UK and Poland lagged somewhat behind, together comprising a further 31%.

Vietnam saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Copper Bars, Wire and Plates - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	6.8	5.5	5.5	-9.7%
United Arab Emirates	2.3	1.7	1.8	-10.7%
Japan	1.8	1.6	1.6	-7.4%
United States	2	1.8	1.5	-13.4%
South Korea	1.7	1.4	1.3	-11.9%

In value terms, Germany ($5.5B) remains the largest copper bars, wire and plates supplier worldwide, comprising 20% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($1.8B), with a 6.5% share of global exports. It was followed by Japan, with a 5.5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Germany stood at -9.7%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-10.7% per year) and Japan (-7.4% per year).

Copper Bars, Wire and Plates - Market Forecast

The market for copper bars, wire and plates is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.0% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Copper Bars - Product Coverage

HS 7407 - Copper; bars, rods and profiles
HS 7408 - Copper wire
HS 7409 - Copper plates, sheets and strip; of a thickness exceeding 0.15mm

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for copper bars, wire and plates. 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
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)
Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ 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.

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. 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. 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. 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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024