In 2023, Austria dominated the global export market for unwrought copper billets, holding a share of 52.46% in USD terms, although this represented a 6.0% decline compared to the previous year. Germany and Japan followed with shares of 18.52% and 14.38%, experiencing declines of 3.51% and a modest gain of 0.63%, respectively. France saw a notable drop of 7.34%. Minor players, including Israel and Brazil, increased their shares by 10.2% and 5.26% respectively, while others like the United States and India witnessed slight declines.
Future trends to watch include potential shifts due to global economic conditions impacting demand and production costs of copper. Since Israel and Brazil showed growth, they might become stronger players, and potential geopolitical changes could influence market dynamics further. Sustainability and technological advancements might also reshape the landscape, encouraging more diverse participation in exports.
Top countries in Export of Unwrought Copper Billets Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 52.46 | 2023 | -3.03% | -6% | View data |
| 2 | 2 Germany | 18.52 | 2023 | -0.67% | -3.51% | View data |
| 3 | 3 Japan | 14.38 | 2023 | +1.55% | +0.63% | View data |
| 4 | 4 France | 8.2 | 2023 | -7.01% | -7.34% | View data |
| 5 | 5 Finland | 0.72 | 2023 | +1.42% | -5.07% | View data |
| 6 | 6 Pakistan | 0.54 | 2023 | +4.13% | -2.4% | View data |
| 7 | 7 South Korea | 0.34 | 2023 | -2.36% | -1.42% | View data |
| 8 | 8 Israel | 0.23 | 2023 | -1.71% | +10.2% | View data |
| 9 | 9 India | 0.23 | 2023 | +4.7% | -0.67% | View data |
| 10 | 10 Morocco | 0.23 | 2023 | +1.56% | -0.78% | View data |
