The global export market for copper bars, rods, and profiles in 2023 showed significant variability among countries. Germany leads with a 21.62% share, followed by Italy at 13.14%. Notable increases in export share were seen in the United Arab Emirates (8.16%) and South Africa (4.68%), while significant downturns were noted for Switzerland (-21.4%) and Chile (-8.68%). Markets like Tanzania saw explosive growth, albeit from a low base, with a 288.07% rise, indicating emerging player potential.
Future trends to watch include continued growth from emerging markets due to increasing demand and supply chain shifts. Developments in green technology may also enhance the copper market's growth, given copper’s application in renewable energy solutions. Monitoring geopolitical events and economic policies will also be crucial as they can significantly impact export dynamics.
Top countries in Export of Copper Bars, Rods and Profiles Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.62 | 2023 | +1.99% | +1.36% | View data |
| 2 | 2 Italy | 13.14 | 2023 | +2.66% | +2.69% | View data |
| 3 | 3 France | 6.89 | 2023 | -0.71% | -1.31% | View data |
| 4 | 4 South Korea | 5.78 | 2023 | +1.13% | +0.11% | View data |
| 5 | 5 United States | 5.71 | 2023 | +0.59% | +0.48% | View data |
| 6 | 6 United Arab Emirates | 5.12 | 2023 | +5.67% | +8.16% | View data |
| 7 | 7 Malaysia | 5 | 2023 | +0.91% | +1.53% | View data |
| 8 | 8 Thailand | 4.55 | 2023 | +2.61% | +1.67% | View data |
| 9 | 9 Japan | 4.25 | 2023 | +0.52% | -0.86% | View data |
| 10 | 10 Bulgaria | 4.2 | 2023 | +3.43% | +1.86% | View data |
