In 2023, Germany led global exports of copper-nickel or copper-nickel-zinc base alloy wire, holding the largest market share. Japan and the United States followed, although the U.S. saw a slight decline. Conversely, Hungary and Spain experienced notable growth. Poland and the Netherlands also reported significant positive changes. On the downside, countries like Switzerland, India, and South Korea saw notable decreases in their export values. Minor players like Brazil experienced impressive growth, albeit from a smaller base.
Future trends to watch include the potential impact of geopolitical shifts and technology advancements in alloy wire production, which could alter the competitive landscape and influence export dynamics across different countries. Environmental policy changes could also affect production costs and export abilities, presenting both risks and opportunities for market participants.
Top countries in Export of Copper-Nickel or Copper-Nickel-Zinc Base Alloy Wire Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.5 | 2023 | +1.94% | +1.02% | View data |
| 2 | 2 Japan | 16.33 | 2023 | +3.11% | +3.58% | View data |
| 3 | 3 United States | 9.85 | 2023 | -0.063% | -1.97% | View data |
| 4 | 4 China | 7.98 | 2023 | +2.75% | -0.75% | View data |
| 5 | 5 France | 4.69 | 2023 | -0.52% | -0.33% | View data |
| 6 | 6 United Kingdom | 2.97 | 2023 | +0.98% | -0.35% | View data |
| 7 | 7 Hungary | 1.84 | 2023 | +4.3% | +5.99% | View data |
| 8 | 8 Spain | 1.81 | 2023 | +3.25% | +4.84% | View data |
| 9 | 9 Sweden | 1.79 | 2023 | -3.4% | -4.72% | View data |
| 10 | 10 Czech Republic | 1.69 | 2023 | +5.41% | -8.01% | View data |
