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United Kingdom - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bar, Rod and Profile in the UK - 2023
Contents:
- Price for Copper Bar, Rod and Profile in the UK (CIF) - 2022
- Price for Copper Bar, Rod and Profile in the UK (FOB) - 2022
- Imports of Copper Bar, Rod and Profile in the UK
- Exports of Copper Bar, Rod and Profile in the UK
Price for Copper Bar, Rod and Profile in the UK (CIF) - 2022
The average import price for copper bars, rods and profiles stood at $8,687 per ton in 2022, jumping by 16% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +74.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($9,931 per ton), while the price for Italy ($6,596 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Bar, Rod and Profile in the UK (FOB) - 2022
The average export price for copper bars, rods and profiles stood at $12,000 per ton in 2022, growing by 4.8% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price 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, copper bar, rod and profile export price increased by +78.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 55% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($29,802 per ton), while the average price for exports to the United Arab Emirates ($6,039 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 (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Bar, Rod and Profile in the UK
In 2022, approx. 33K tons of copper bars, rods and profiles were imported into the UK; reducing by -3.5% compared with the previous year's figure. Over the period under review, imports showed a abrupt setback.
In value terms, copper bar, rod and profile imports expanded notably to $290M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Copper Bar, Rod and Profile in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 81.6 | 66.5 | 67.1 | 81.7 | 0.0% |
France | 45.7 | 43.1 | 50.1 | 53.8 | 5.6% |
Belgium | 10.6 | 6.0 | 37.0 | 37.1 | 51.8% |
Bulgaria | 25.8 | 28.7 | 40.0 | 31.0 | 6.3% |
Italy | 6.5 | 10.4 | 21.7 | 21.3 | 48.5% |
Poland | 1.9 | 7.3 | 13.4 | 15.0 | 99.1% |
Greece | 2.8 | 2.3 | 4.0 | 9.5 | 50.3% |
Netherlands | 7.5 | 1.4 | 0.6 | 0.9 | -50.7% |
Others | 23.7 | 20.9 | 26.5 | 39.9 | 19.0% |
Total | 206 | 187 | 260 | 290 | 12.1% |
Top Suppliers of Copper Bar, Rod and Profile to the UK in 2022:
- Germany (10.0K tons)
- France (6.8K tons)
- Belgium (4.2K tons)
- Italy (3.2K tons)
- Bulgaria (3.1K tons)
- Poland (1.7K tons)
- Greece (1.1K tons)
- Netherlands (0.1K tons)
Exports of Copper Bar, Rod and Profile in the UK
In 2022, shipments abroad of copper bars, rods and profiles was finally on the rise to reach 4.5K tons after two years of decline. Overall, exports, however, faced a sharp setback.
In value terms, copper bar, rod and profile exports skyrocketed to $54M in 2022. In general, exports, however, recorded a abrupt setback.
Export of Copper Bar, Rod and Profile in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 17.0 | 19.0 | 7.0 | 9.0 | -19.1% |
Belgium | 0.3 | 0.2 | 0.2 | 8.1 | 200.0% |
United States | 13.6 | 5.6 | 2.2 | 5.5 | -26.0% |
Germany | 6.6 | 11.5 | 2.2 | 4.3 | -13.3% |
Qatar | 1.3 | 2.0 | 2.6 | 3.5 | 39.1% |
France | 4.9 | 2.5 | 2.2 | 3.1 | -14.2% |
United Arab Emirates | 4.8 | 4.5 | 4.1 | 2.9 | -15.5% |
Denmark | 2.3 | 0.8 | 1.2 | 2.3 | 0.0% |
Italy | 1.3 | 0.8 | 0.6 | 2.0 | 15.4% |
Romania | 0.5 | 0.6 | 1.4 | 1.6 | 47.4% |
Hungary | 1.7 | 1.0 | 0.4 | 0.5 | -33.5% |
China | 2.6 | 1.2 | 0.2 | 0.2 | -57.5% |
Hong Kong SAR | 2.5 | 2.0 | 0.4 | 0.1 | -65.8% |
Others | 11.9 | 9.0 | 8.7 | 10.9 | -2.9% |
Total | 71.3 | 60.8 | 33.3 | 53.9 | -8.9% |
Top Export Markets for Copper Bar, Rod and Profile from the UK in 2022:
- Belgium (1049.2 tons)
- Ireland (922.0 tons)
- United Arab Emirates (472.3 tons)
- Qatar (413.2 tons)
- United States (336.2 tons)
- Germany (259.6 tons)
- Romania (107.7 tons)
- France (107.6 tons)
- Denmark (83.6 tons)
- Italy (67.4 tons)
- Hungary (63.2 tons)
- Hong Kong SAR (15.7 tons)
- China (8.7 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for copper bar, rod, and profile based on data from the IndexBox market intelligence platform.
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