In 2023, Italy led the European import market for copper wire with cross-sectional dimensions 0.5 mm - 6 mm, posting a 1.98% year-on-year increase. Poland and Austria followed with modest growth rates of 0.26% and 2.16%, respectively. Romania showed significant growth with an 8.72% increase, while the Netherlands experienced a decline of 7.41%. Denmark's imports surged by 37.42%, and Belgium also saw a robust growth of 14.86%. In contrast, Germany and Spain faced declines of 8.38% and 36.66%, respectively. Estonia recorded the highest growth at 201.45%, albeit from a smaller base. The CAGR over the last five years varies significantly, reflecting differing economic and industrial activities across countries.
Future trends to watch include technological advancements in copper wire processing, potential shifts in trade policies, and the impact of environmental regulations. European demand for copper wire could also be influenced by growth in sectors such as renewable energy and electric vehicles, which could drive import patterns and volumes across different countries. Monitoring these trends will be crucial for understanding shifts in the market dynamics of copper wire imports in Europe.
Top countries in Import of Copper Wire with Cross-Sectional Dimension 0,5 mm - 6 mm by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19,547,000 | 2023 | +4.07% | +1.98% | View data |
| 2 | 2 Poland | 17,565,000 | 2023 | +2.05% | +0.26% | View data |
| 3 | 3 Austria | 13,968,000 | 2023 | +10.79% | +2.16% | View data |
| 4 | 4 Romania | 8,335,200 | 2023 | +3.43% | +8.72% | View data |
| 5 | 5 Netherlands | 7,898,000 | 2023 | -5.59% | -7.41% | View data |
| 6 | 6 France | 6,766,800 | 2023 | +2.22% | -1.97% | View data |
| 7 | 7 Hungary | 6,739,700 | 2023 | +2.28% | +6.02% | View data |
| 8 | 8 Slovakia | 6,394,500 | 2023 | +3.49% | +3.66% | View data |
| 9 | 9 United Kingdom | 6,209,800 | 2023 | -2.34% | +1.86% | View data |
| 10 | 10 Portugal | 3,587,200 | 2023 | +3.76% | +10.07% | View data |
