Copper Wire Price in France - 2023
Contents:
- Copper Wire Price in France (FOB) - 2023
- Copper Wire Price in France (CIF) - 2023
- Copper Wire Exports in France
- Copper Wire Imports in France
Copper Wire Price in France (FOB) - 2023
In August 2023, the average copper wire export price amounted to $8,670 per ton, growing by 12% against the previous month. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Morocco ($10,321 per ton), while the average price for exports to Spain ($3,204 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Wire Price in France (CIF) - 2023
The average copper wire import price stood at $8,539 per ton in August 2023, shrinking by -6.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 13% m-o-m. The import price peaked at $9,508 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($10,611 per ton), while the price for Spain ($4,028 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Wire Exports in France
In 2022, exports of copper wires from France declined to 89K tons, dropping by -8.1% on 2021 figures. Over the period under review, exports showed a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 5% against the previous year.
In value terms, copper wire exports fell to $772M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of $789M, and then fell in the following year.
| Export of Copper Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 120 | 110 | 162 | 177 | 13.8% |
| Switzerland | 85.4 | 83.7 | 73.2 | 76.0 | -3.8% |
| Italy | 60.7 | 50.1 | 83.8 | 72.2 | 6.0% |
| Germany | 62.4 | 41.2 | 55.7 | 58.8 | -2.0% |
| Turkey | 35.2 | 51.4 | 67.6 | 56.5 | 17.1% |
| Spain | 29.5 | 65.6 | 41.8 | 45.2 | 15.3% |
| Sweden | 38.7 | 26.6 | 51.6 | 43.5 | 4.0% |
| Morocco | 43.1 | 31.1 | 48.1 | 41.3 | -1.4% |
| Greece | 35.0 | 21.3 | 31.7 | 26.4 | -9.0% |
| Romania | 6.2 | 6.2 | 26.8 | 22.7 | 54.1% |
| Senegal | 19.2 | 16.5 | 26.5 | 22.1 | 4.8% |
| Norway | 21.0 | 8.1 | 8.4 | 17.3 | -6.3% |
| Lebanon | 10.5 | 23.1 | 18.5 | 15.4 | 13.6% |
| Others | 89.4 | 60.1 | 92.8 | 97.5 | 2.9% |
| Total | 656 | 595 | 789 | 772 | 5.6% |
Top Export Markets for Copper Wire from France in 2022:
- Belgium (15.7K tons)
- Spain (12.3K tons)
- Switzerland (8.9K tons)
- Italy (8.4K tons)
- Romania (7.4K tons)
- Turkey (5.9K tons)
- Germany (5.3K tons)
- Morocco (4.2K tons)
- Sweden (4.0K tons)
- Greece (3.0K tons)
- Senegal (2.1K tons)
- Lebanon (1.8K tons)
- Norway (1.7K tons)
Copper Wire Imports in France
In 2022, approx. 73K tons of copper wires were imported into France; increasing by 3.5% on the year before. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, copper wire imports totaled $703M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Copper Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 149 | 181 | 287 | 317 | 28.6% |
| Germany | 76.7 | 74.5 | 120 | 132 | 19.8% |
| Belgium | 70.5 | 58.7 | 111 | 123 | 20.4% |
| Spain | 38.8 | 50.3 | 61.4 | 65.4 | 19.0% |
| Turkey | 26.4 | 19.9 | 39.7 | 40.8 | 15.6% |
| Others | 18.4 | 12.8 | 20.9 | 24.3 | 9.7% |
| Total | 380 | 397 | 639 | 703 | 22.8% |
Top Suppliers of Copper Wire to France in 2022:
- Italy (32.0K tons)
- Germany (14.3K tons)
- Belgium (13.0K tons)
- Spain (8.9K tons)
- Turkey (3.4K tons)
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