France: Market for Copper Bars, Rods and Profiles 2024

Market Size for Copper Bars, Rods and Profiles in France

In 2022, the French market for copper bars, rods and profiles increased by 16% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Copper Bars, Rods and Profiles in France

In value terms, copper bar, rod and profile production amounted to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The pace of growth was the most pronounced in 2017 with an increase of 16%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Copper Bars, Rods and Profiles

Exports from France

In 2022, approx. X tons of copper bars, rods and profiles were exported from France; which is down by -12.5% compared with the previous year's figure. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, copper bar, rod and profile exports stood at $X in 2022. In general, exports recorded a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and Spain (X tons) were the main destinations of copper bar, rod and profile exports from France, together accounting for 43% of total exports. The United States, Italy, the Netherlands, Denmark, India, Canada, Ireland, Israel, Hungary and Switzerland lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +17.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper bar, rod and profile exported from France were Germany ($X), the United States ($X) and the UK ($X), with a combined 45% share of total exports. Italy, Spain, the Netherlands, India, Denmark, Canada, Ireland, Switzerland, Hungary and Israel lagged somewhat behind, together comprising a further 40%.

Ireland, with a CAGR of +18.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for copper bars, rods and profiles stood at $X per ton in 2022, surging by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Rods and Profiles

Imports into France

Copper bar, rod and profile imports into France shrank to X tons in 2022, declining by -3.7% against 2021 figures. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of X tons, and then contracted modestly in the following year.

In value terms, copper bar, rod and profile imports stood at $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of copper bar, rod and profile imports to France, with a combined 83% share of total imports. Belgium, Bulgaria, Portugal and the Netherlands lagged somewhat behind, together comprising a further 9.4%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest copper bar, rod and profile suppliers to France were Germany ($X), Italy ($X) and Spain ($X), with a combined 77% share of total imports. Bulgaria, Belgium, the Netherlands and Portugal lagged somewhat behind, together accounting for a further 8.5%.

Bulgaria, with a CAGR of +19.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for copper bars, rods and profiles amounted to $X per ton, with an increase of 5.4% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bar, rod and profile import price increased by +17.2% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 22%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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