Germany: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Germany

In 2021, the German market for copper bars, wire and plates increased by 38% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a relatively flat trend pattern. Copper bars, wire and plates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Copper Bars, Wire And Plates in Germany

In value terms, copper bars, wire and plates production surged to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Copper Bars, Wire And Plates

Exports from Germany

In 2021, approx. X tons of copper bars, wire and plates were exported from Germany; rising by 4.9% on 2020 figures. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of 9.3%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, copper bars, wire and plates exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Poland (X tons) and France (X tons) were the main destinations of copper bars, wire and plates exports from Germany, with a combined 29% share of total exports. The Netherlands, the United States, Romania, Austria, the Czech Republic, Switzerland, the UK, Serbia, China and Finland lagged somewhat behind, together comprising a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +45.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and the United States ($X) constituted the largest markets for copper bars, wire and plates exported from Germany worldwide, together comprising 28% of total exports. These countries were followed by France, the Netherlands, the Czech Republic, Romania, Austria, Switzerland, China, the UK, Serbia and Finland, which together accounted for a further 48%.

In terms of the main countries of destination, Serbia, with a CAGR of +47.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for copper bars, wire and plates amounted to $X per ton, surging by 40% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and the United States ($X per ton), while the average price for exports to Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into Germany

In 2021, supplies from abroad of copper bars, wire and plates increased by 26% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. 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 soared to $X in 2021. In general, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Poland (X tons) and Belgium (X tons) were the main suppliers of copper bars, wire and plates imports to Germany, with a combined 42% share of total imports. These countries were followed by Bulgaria, France, Sweden, Austria, Turkey, Spain, China, Finland, Portugal and the Netherlands, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +17.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper bars, wire and plates suppliers to Germany were Italy ($X), Belgium ($X) and Poland ($X), together accounting for 37% of total imports. Bulgaria, France, Sweden, Austria, Turkey, China, Spain, Finland, the Netherlands and Portugal lagged somewhat behind, together comprising a further 51%.

Spain, with a CAGR of +19.8%, saw the highest growth rate of 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

In 2021, the average import price for copper bars, wire and plates amounted to $X per ton, increasing by 39% against the previous year. Over the last nine-year period, 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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