The United Arab Emirates leads the global export market for refined copper wire over 6 mm, experiencing a 1.44% increase, solidifying its dominant position. Germany and Belgium also maintain strong positions with modest growth. Emerging markets like Thailand and Egypt witnessed substantial increases of 6.73% and 5.84%, respectively. Conversely, significant declines were observed in Russia (-8.22%), Chile (-22.28%), and Ukraine (-29.35%). The average annual growth rate over five years varies, though specifics were not provided here.
Future trends to watch include the potential expansion of Saudi Arabia's market share, given its recent 38.79% surge. Therefore, heightened production and logistical efficiencies in established players could further consolidate their market position or face strong competition from new entrants and flourishing emerging markets like Egypt.
Top countries in Export of Refined Copper Wire of More Than 6 Mm Wide Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Arab Emirates | 17.67 | 2023 | +4.12% | +1.44% | View data |
| 2 | 2 Germany | 13.78 | 2023 | +0.75% | +0.029% | View data |
| 3 | 3 Belgium | 10.95 | 2023 | +1.72% | +0.78% | View data |
| 4 | 4 Canada | 8.12 | 2023 | +2.63% | +2.07% | View data |
| 5 | 5 United States | 7.83 | 2023 | +1.78% | +1.58% | View data |
| 6 | 6 Poland | 6.46 | 2023 | +1.31% | -0.72% | View data |
| 7 | 7 Spain | 5.49 | 2023 | +1.57% | +1.92% | View data |
| 8 | 8 Russia | 4.66 | 2023 | -7.85% | -8.22% | View data |
| 9 | 9 France | 3.4 | 2023 | -3.57% | -4.4% | View data |
| 10 | 10 Thailand | 3.24 | 2023 | +5.92% | +6.73% | View data |
