Report Update Nov 1, 2024

Ireland - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Copper Bars, Rods and Profiles 2024

Market Size for Copper Bars, Rods and Profiles in Ireland

After two years of growth, the Irish market for copper bars, rods and profiles decreased by -1.7% to $X in 2022. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.7% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Exports of Copper Bars, Rods and Profiles

Exports from Ireland

Copper bar, rod and profile exports from Ireland was estimated at X tons in 2022, stabilizing at the previous year. Overall, exports showed significant growth. The growth pace was the most rapid in 2015 with an increase of 625%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, copper bar, rod and profile exports stood at $X in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 1,030% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main destinations of copper bar, rod and profile exports from Ireland, together comprising 84% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +110.1%), while shipments for the other leaders experienced more modest paces of growth.

It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +97.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+34.2% per year) and Germany (+49.7% per year).

Export Prices by Country

The average export price for copper bars, rods and profiles stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price showed a noticeable increase. The pace of growth appeared the most rapid in 2017 an increase of 82% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Germany (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Bars, Rods and Profiles

Imports into Ireland

Copper bar, rod and profile imports into Ireland totaled X tons in 2022, approximately mirroring 2021. Overall, imports saw pronounced growth. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, copper bar, rod and profile imports totaled $X in 2022. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2018 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

France (X tons), the UK (X tons) and Belgium (X tons) were the main suppliers of copper bar, rod and profile imports to Ireland, together comprising 86% of total imports. Germany, Spain, Italy, Poland and the United States lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +134.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Belgium ($X) constituted the largest copper bar, rod and profile suppliers to Ireland, together accounting for 82% of total imports. The United States, Spain, Germany, Italy and Poland lagged somewhat behind, together comprising a further 15%.

Spain, with a CAGR of +129.2%, recorded 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

The average import price for copper bars, rods and profiles stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 United States ($X per ton), while the price for Germany ($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 United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper; bars, rods and profiles in the world?

The country with the largest volume of copper; bars, rods and profiles consumption was China, accounting for 22% of total volume. Moreover, copper; bars, rods and profiles consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.9% share.

What are the largest producers of copper; bars, rods and profiles in the world?

The country with the largest volume of copper; bars, rods and profiles production was China, comprising approx. 21% of total volume. Moreover, copper; bars, rods and profiles production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of copper; bars, rods and profiles to Ireland?

In value terms, France, the UK and Germany constituted the largest copper; bars, rods and profiles suppliers to Ireland, with a combined 78% share of total imports. These countries were followed by the United States, Spain, Italy and Poland, which together accounted for a further 11%.

What are the leading importers of copper; bars, rods and profiles from Ireland?

In value terms, the United States emerged as the key foreign market for copper; bars, rods and profiles exports from Ireland, comprising 62% of total exports. The second position in the ranking was occupied by the UK, with a 30% share of total exports. It was followed by Switzerland, with a 2.2% share.

What is the average export price for copper; bars, rods and profiles in Ireland?

In 2021, the average export price for copper; bars, rods and profiles amounted to $12,882 per ton, rising by 18% against the previous year.

What is the average import price for copper; bars, rods and profiles in Ireland?

In 2021, the average import price for copper; bars, rods and profiles amounted to $9,545 per ton, with an increase of 31% against the previous year.

This report provides an in-depth analysis of the market for copper bar, rod and profile in Ireland. 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)

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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