Sweden: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Sweden

The Swedish market for copper bars, wire and plates expanded modestly to $X in 2021, surging by 3.8% against the previous year. Over the period under review, consumption posted a buoyant increase. Copper bars, wire and plates consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Production of Copper Bars, Wire And Plates in Sweden

In value terms, copper bars, wire and plates production reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. 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 Sweden

In 2021, the amount of copper bars, wire and plates exported from Sweden rose significantly to X tons, surging by 6.5% against 2020 figures. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 19%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, copper bars, wire and plates exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Germany (X tons) and Finland (X tons) were the main destinations of copper bars, wire and plates exports from Sweden, together comprising 55% of total exports. Denmark, Austria, Italy, Lithuania, the UK and Norway lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +98.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper bars, wire and plates exported from Sweden were Poland ($X), Germany ($X) and Finland ($X), with a combined 57% share of total exports. Austria, Italy, Denmark, Lithuania, Norway and the UK lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Lithuania, with a CAGR of +95.9%, 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, increasing by 37% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Denmark ($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 Norway (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into Sweden

In 2021, approx. X tons of copper bars, wire and plates were imported into Sweden; almost unchanged from the previous year's figure. Overall, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year. 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. Over the period under review, imports, however, recorded a perceptible reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main suppliers of copper bars, wire and plates imports to Sweden, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +27.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper bars, wire and plates suppliers to Sweden were Germany ($X), France ($X) and Finland ($X), together comprising 72% of total imports. Italy, Denmark, Poland, Russia and Belgium lagged somewhat behind, together accounting for a further 23%.

Italy, with a CAGR of +26.8%, 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

The average import price for copper bars, wire and plates stood at $X per ton in 2021, growing by 37% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached 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 Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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