In 2023, Italy led European imports of copper wire, refined of copper alloy, with a share of 14.24 kilograms, experiencing modest growth of 0.51%. Germany, at 10.75 kilograms, faced a decline of 3.19%, while Romania (9.25) and Portugal (5.59) showed positive growth at 1.14% and 3.3%, respectively. France, Spain, and Poland saw notable declines, with France dropping by 4.77% and Spain by 9.49%. Greece's import shot up substantially by 20.89%, and Estonia marked a significant rise of 7.79%. Argentina and Malta showed substantial surges at 27.86% and 60.47%, albeit from smaller initial values.
Future trends to watch include potential shifts due to economic and trade policies within the EU, technological advancements in wire manufacturing, and the ongoing transition to renewable energy, which could spur demand for copper. Additionally, monitoring countries with recent high growth rates, such as Greece and Malta, alongside the economic strategies of leading importers like Italy and Germany, could provide insights into evolving market dynamics.
Top countries in Import of Copper Wire, Refined of Copper Alloy Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14.24 | 2023 | +0.72% | +0.51% | View data |
| 2 | 2 Germany | 10.75 | 2023 | +3.01% | -3.19% | View data |
| 3 | 3 Czechia | 9.33 | 2023 | |||
| 4 | 4 Romania | 9.25 | 2023 | +2.39% | +1.14% | View data |
| 5 | 5 Poland | 7.34 | 2023 | +1.86% | -4.69% | View data |
| 6 | 6 United Kingdom | 7.33 | 2023 | -2.03% | -2.02% | View data |
| 7 | 7 France | 6.25 | 2023 | -2.45% | -4.77% | View data |
| 8 | 8 Austria | 5.86 | 2023 | +1.44% | -2.13% | View data |
| 9 | 9 Portugal | 5.59 | 2023 | +2.99% | +3.3% | View data |
| 10 | 10 Belgium | 4.52 | 2023 | +2.47% | -1.41% | View data |
