Copper stranded wire market

Copper stranded wire market: find the latest statistics featured by an Ai-driven market intelligence platform. Datasets contain imports, trade, market prices, consumption, companies, market size, production, and exports. There is a split by region, including Africa, Latin America, the U.S., China, EU, the Middle East, Russia, and the U.K. Market trends and forecast to 2030 are also provided in the dashboards.

Copper Stranded Wire - World's Largest Markets

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

In China, the copper stranded wire market increased at an average annual rate of +6.6% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+3.4% per year) and India (+6.1% per year).

Copper Stranded Wire Prices

Copper Stranded Wire - Top Importers

In value terms, Mexico ($159M), China ($128M) and Germany ($127M) were the countries with the highest levels of imports in 2020, with a combined 27% share of global imports. France, Canada, Italy, the UK, Austria, Poland, Switzerland, the Philippines, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further 39%.

The Philippines (+110.7% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Copper Stranded Wire - Top Exporters

In value terms, the largest copper stranded wire supplying countries worldwide were Turkey ($362M), the United States ($265M) and Germany ($249M), together comprising 54% of global exports. Spain, Saudi Arabia, Poland, South Korea, Italy, France, China, Bulgaria and Mexico lagged somewhat behind, together comprising a further 31%.

Bulgaria (+173.8% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Copper Stranded Wire - Market Forecast

Driven by increasing demand for copper stranded wire worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Copper Stranded Wire - Top Companies

Taishan Group Tai'an Taishan Electric Vehicle Wire Co., Ltd., JOHOKU DENSO K.K., WALSIN LIHWA CORPORATION, Zhejiang Hailiang Co., Ltd., Jiangsu Zhongtian Technology Co.,Ltd, General Cable Corporation, Baosheng Science and Technology Innovation Co., Ltd., Jiangsu Zhongli Group Co., Ltd., CRANE ENFIELD METALS PTY. LIMITED, Far East Smarter Energy Co., Ltd., Belden Inc., PHILIPPINE ASSOCIATED SMELTING AND REFINING CORPORATION, ATLANTIC COPPER, S.L.U., Tongling Jingda Special Magnet Wire Co., Ltd., MM PAYMENT SOLUTIONS PTY LIMITED, Poongsan Corporation, Global Brass and Copper Holdings, Inc., CUNEXT COPPER INDUSTRIES SL, NEXANS FRANCE, KME Germany GmbH & Co. KG

Copper Stranded Wire - Product Coverage

• HS 7413 - Copper; stranded wire, cables, plaited bands and the like, not electrically insulated

Source: IndexBox Market Intelligence Platform