In 2023, Germany dominated the European export of stranded copper wire with a share of 53.12%. Spain and Italy saw significant year-on-year growth at 11.31% and 14.22% respectively, suggesting increasing demand or production capability. Poland experienced a decline of 8.35%, reflecting potential market challenges. Estonia and Denmark, despite smaller market shares, showed impressive growth rates of 110.56% and 45.61%, indicating emerging players. Conversely, Hungary witnessed a significant reduction of 52.95%.
Future trends to watch include the potential for increased market consolidation, technological advancements in production efficiency, and changing trade regulations which may affect export dynamics. Emerging markets like Estonia could further disrupt traditional market hierarchies.
Top countries in Export of Stranded Wire, Cables, Plaited Bands and the Like of Copper Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 53.12 | 2023 | +2.2% | +5.11% | View data |
| 2 | 2 Spain | 14.84 | 2023 | -20.6% | +11.31% | View data |
| 3 | 3 Poland | 10.56 | 2023 | -0.34% | -8.35% | View data |
| 4 | 4 Italy | 8.86 | 2023 | -8% | +14.22% | View data |
| 5 | 5 Sweden | 2.31 | 2023 | +2.66% | +0.56% | View data |
| 6 | 6 Netherlands | 1.83 | 2023 | +8.7% | -1.13% | View data |
| 7 | 7 France | 1.72 | 2023 | +9.42% | +15.81% | View data |
| 8 | 8 Belgium | 1.24 | 2023 | -7.87% | -3.69% | View data |
| 9 | 9 Austria | 0.59 | 2023 | +8.97% | +3.64% | View data |
| 10 | 10 Bulgaria | 0.56 | 2023 | +4.57% | +1.15% | View data |
