The European import of copper wire with cross-sectional dimensions of 0.5 mm to 6 mm sees Italy at the forefront with a 17.87% share, followed by Poland and Austria at 16.06% and 12.77%, respectively. Rapid growth is noted in countries like Denmark and Estonia, with significant year-on-year increases of 37.42% and 201.45%. Meanwhile, Germany and Spain recorded notable declines of 8.38% and 36.66%, respectively. The five-year compound annual growth rate (CAGR) indicates varied performances, pointing to dynamic shifts in the market landscape.
Future trends to watch include:
- Continued growth in Eastern European countries like Poland and Romania where industrial expansion drives demand.
- Potential for renewed growth in Western Europe as sustainability initiatives may increase copper wire usage.
- Volatility in markets like Germany and Spain could stabilize with economic recovery and trade adjustments.
- Rapid growth in smaller markets like Estonia and Denmark suggests a shift towards more diverse sourcing strategies.
Top countries in Import of Copper Wire with Cross-Sectional Dimension 0,5 mm - 6 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17.87 | 2023 | +4.07% | +1.98% | View data |
| 2 | 2 Poland | 16.06 | 2023 | +2.05% | +0.26% | View data |
| 3 | 3 Austria | 12.77 | 2023 | +10.79% | +2.16% | View data |
| 4 | 4 Romania | 7.62 | 2023 | +3.43% | +8.72% | View data |
| 5 | 5 Netherlands | 7.22 | 2023 | -5.59% | -7.41% | View data |
| 6 | 6 France | 6.19 | 2023 | +2.22% | -1.97% | View data |
| 7 | 7 Hungary | 6.16 | 2023 | +2.28% | +6.02% | View data |
| 8 | 8 Slovakia | 5.85 | 2023 | +3.49% | +3.66% | View data |
| 9 | 9 United Kingdom | 5.68 | 2023 | -2.34% | +1.86% | View data |
| 10 | 10 Portugal | 3.28 | 2023 | +3.76% | +10.07% | View data |
