U.S. - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCopper Bars, Wire And Plates Prices in the United States
U.S. Copper Bars, Wire And Plates Import Price in August 2022
In August 2022, the copper bars, wire and plates price amounted to $10.3 per kg (CIF, US), shrinking by -4.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 2.4% m-o-m. As a result, import price reached the peak level of $11,241 per ton. From June 2022 to August 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Finland ($15.9 per kg), while the price for Mexico ($8,699 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Copper Bars, Wire And Plates Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was copper plates, sheets and strip ($10.4 per kg), while the price for copper wire ($9,067 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by copper bar, rod and profile (+0.0%), while the prices for the other products experienced a decline.
U.S. Copper Bars, Wire And Plates Imports
After two months of decline, overseas purchases of copper bars, wire and plates increased by 2% to 28K tons in September 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 23% m-o-m. As a result, imports attained the peak of 36K tons. From April 2022 to September 2022, the growth of imports remained at a lower figure.
In value terms, copper bars, wire and plates imports shrank modestly to $268M (IndexBox estimates) in September 2022. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in March 2022 when imports increased by 24% against the previous month. As a result, imports attained the peak of $390M. From April 2022 to September 2022, the growth of imports remained at a somewhat lower figure.
U.S. Copper Bars, Wire And Plates Imports by Type
Copper wire (14K tons), copper plates, sheets and strip (8.8K tons) and copper bars, rods and profiles (4.5K tons) were the main products of copper bars, wire and plates imports to the United States.
From January 2022 to September 2022, the biggest increases were in copper plates, sheets and strip (with a CAGR of +4.5%), while purchases for the other products experienced a decline.
In value terms, the most traded types of copper bars, wire and plates in the United States were copper wire ($131M), copper plates, sheets and strip ($91M) and copper bars, rods and profiles ($46M).
U.S. Copper Bars, Wire And Plates Imports by Country
In August 2022, Canada (9.2K tons) constituted the largest copper bars, wire and plates supplier to the United States, with a 34% share of total imports. Moreover, copper bars, wire and plates imports from Canada exceeded the figures recorded by the second-largest supplier, Germany (2K tons), fourfold. The third position in this ranking was held by Peru (1.1K tons), with a 4.1% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Canada amounted to -6.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-4.5% per month) and Peru (-6.4% per month).
In value terms, Canada ($84M) constituted the largest supplier of copper bars, wire and plates to the United States, comprising 30% of total imports. The second position in the ranking was held by Germany ($28M), with a 9.9% share of total imports. It was followed by Peru, with a 4% share.
From January 2022 to August 2022, the average monthly growth rate of value from Canada stood at -7.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-3.6% per month) and Peru (-7.0% per month).
This report provides an in-depth analysis of the market for copper bars, wire and plates 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 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:
- United States
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:
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, copper bars, rods and profiles imports totaled $X in 2016. Overall, copper bars, rods and profiles imports continue to indicate a deep descent. Over the period under review, global ...
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In value terms, copper wire imports amounted to $X in 2016. Overall, copper wire imports continue to indicate a drastic reduction. Global copper wire import peaked of $X in 2011; however, from X>
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In value terms, copper stranded wire and cables imports amounted to $X in 2016. In general, copper stranded wire and cables imports continue to indicate a relatively flat trend pattern. Over the pe...
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In value terms, copper bars, rods and profiles exports stood at $X in 2016. Overall, copper bars, rods and profiles exports continue to indicate a drastic slump. Global copper bars, rods and profil...
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In value terms, copper wire exports amounted to $X in 2016. In general, copper wire exports continue to indicate a abrupt reduction. Global copper wire export peaked of $X in 2011; however, from X>
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In value terms, copper stranded wire and cables exports stood at $X in 2016. In general, copper stranded wire and cables exports continue to indicate a relatively flat trend pattern. Global copper ...
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Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
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