Report Update Nov 1, 2024

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

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Belarus: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Belarus

In 2021, the Belarusian market for copper bars, wire and plates was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a noticeable decline. Copper bars, wire and plates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Copper Bars, Wire And Plates

Exports from Belarus

In 2021, after two years of decline, there was significant growth in shipments abroad of copper bars, wire and plates, when their volume increased by 43% to X tons. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 78% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, copper bars, wire and plates exports skyrocketed to $X in 2021. Overall, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for copper bars, wire and plates exports from Belarus, accounting for a 85% share of total exports. Moreover, copper bars, wire and plates exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), eightfold. The third position in this ranking was taken by Slovenia (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+154.1% per year) and Slovenia (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for copper bars, wire and plates exports from Belarus, comprising 86% of total exports. The second position in the ranking was held by Ukraine ($X), with an 8.5% share of total exports. It was followed by Slovenia, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+99.9% per year) and Slovenia (0.0% per year).

Export Prices by Country

In 2021, the average export price for copper bars, wire and plates amounted to $X per ton, increasing by 55% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Copper Bars, Wire And Plates

Imports into Belarus

Copper bars, wire and plates imports into Belarus amounted to X tons in 2021, with an increase of 9% on the previous year's figure. Overall, imports, however, showed a noticeable setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, copper bars, wire and plates imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest copper bars, wire and plates supplier to Belarus, accounting for a 72% share of total imports. Moreover, copper bars, wire and plates imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at -7.2%.

In value terms, Russia ($X) constituted the largest supplier of copper bars, wire and plates to Belarus, comprising 72% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at -5.8%.

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2021, surging by 47% against the previous year. Overall, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper bars, wire and plates import price increased by +49.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+1.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper bars, wire and plates in the world?

China remains the largest copper bars, wire and plates consuming country worldwide, accounting for 28% of total volume. Moreover, copper bars, wire and plates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9.3% share.

What are the largest producers of copper bars, wire and plates in the world?

China constituted the country with the largest volume of copper bars, wire and plates production, accounting for 27% of total volume. Moreover, copper bars, wire and plates production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of copper bars, wire and plates to Belarus?

In value terms, Russia constituted the largest supplier of copper bars, wire and plates to Belarus, comprising 72% of total imports. The second position in the ranking was occupied by Ukraine, with a 23% share of total imports.

What are the leading importers of copper bars, wire and plates from Belarus?

In value terms, Russia remains the key foreign market for copper bars, wire and plates exports from Belarus, comprising 87% of total exports. The second position in the ranking was occupied by Ukraine, with an 8.5% share of total exports.

What is the average export price for copper bars, wire and plates in Belarus?

In 2021, the average export price for copper bars, wire and plates amounted to $9,241 per ton, rising by 47% against the previous year.

What is the average import price for copper bars, wire and plates in Belarus?

The average import price for copper bars, wire and plates stood at $9,431 per ton in 2021, jumping by 47% against the previous year.

This report provides an in-depth analysis of the market for copper bars, wire and plates in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023