Metals & Alloys · Direct
Monitoring · monthlyProcurement Category Intelligence
Copper Wire Rod
Overview
Market size
$79.2B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$99.6B
What changed
Demand by region
Asia Pacific demand52%
Europe demand18%
North America demand15%
Latin America demand7%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Refined copper cathode feedstock75%
Energy and manufacturing utilities12%
Inbound and outbound logistics6%
Labor and operational overhead4%
Upstream processing and TC/RC premium charges3%
share of delivered cost (analyst estimate)