France: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in France

The French market for copper bars, wire and plates shrank rapidly to $X in 2021, waning by -73.1% against the previous year. Over the period under review, consumption faced a precipitous setback. Copper bars, wire and plates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Copper Bars, Wire And Plates in France

In value terms, copper bars, wire and plates production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production showed a significant curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 15%. Copper bars, wire and plates production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Copper Bars, Wire And Plates

Exports from France

In 2021, after six years of decline, there was significant growth in overseas shipments of copper bars, wire and plates, when their volume increased by 9.9% to X tons. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, copper bars, wire and plates exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of copper bars, wire and plates exports from France, together comprising 36% of total exports. Spain, Switzerland, Turkey, the UK, Romania, Sweden, Morocco, the Netherlands, the United States and Israel lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +33.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) were the largest markets for copper bars, wire and plates exported from France worldwide, together comprising 38% of total exports. Spain, Switzerland, Turkey, the United States, the UK, Sweden, Morocco, the Netherlands, Romania and Israel lagged somewhat behind, together comprising a further 39%.

Romania, with a CAGR of +20.5%, saw 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, wire and plates stood at $X per ton in 2021, surging by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Romania ($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 Israel (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into France

In 2021, overseas purchases of copper bars, wire and plates increased by 20% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable curtailment. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, copper bars, wire and plates imports skyrocketed to $X in 2021. In general, imports, however, recorded a slight setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and Belgium (X tons) were the main suppliers of copper bars, wire and plates imports to France, with a combined 76% share of total imports. Spain, Turkey, Finland and Bulgaria lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest copper bars, wire and plates suppliers to France were Germany ($X), Italy ($X) and Belgium ($X), with a combined 76% share of total imports.

Italy, with a CAGR of +10.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2021, picking up by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and Belgium ($X per ton), while the price for Finland ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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