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Copper Production in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Copper Production Market Research Report | SIC C24.440 | Jun 2016

Wiring into growth: Revenue is anticipated to grow as economic acceleration drives demand

IBISWorld’s Copper Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Brookside Metal Co Ltd Brookside Metal Co Ltd market share
Mueller Europe Ltd Mueller Europe Ltd market share
Pegler Yorkshire Group Ltd Pegler Yorkshire Group Ltd market share
Prysmian Group Prysmian Group market share
The Lawton Tube Company Limited The Lawton Tube Company Limited market share
Industry Statistics & Market Size
Revenue
£525m
Annual Growth 12-17
-13.4%
Annual Growth 17-22
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Profit
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Employment
2,445
Businesses
39
Industry Analysis & Industry Trends

Revenue in the Copper Production industry is expected to decline at a compound annual rate of 13.4% over the five years through 2016-17 to £525.4 million. The performance of the industry is closely tied to the world price of copper, which fell precipitously over the period owing to stagnant growth in the construction sectors of the world's most developed countries. Slowing growth in China has also contributed to the recent decline in prices. In 2014, the price of copper slid 6.4%, building on the 7.9% decline that occurred in 2013. Prices fell a further 19.7% over 2015, a result of low demand from emerging markets. IBISWorld expects dampened demand and rising supply to push prices down another 15.1% in 2016. In 2016-17, industry revenue is forecast to shrink by 7.1%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the decline phase of its economic life cycle. This is calculated by comparing industry value added (IVA) with GDP growth over the same 10-year period. Value added, which measures the industry's contribution to the wider economy, is expected to fall at a compound annual rate of 3.4% over the 10 years through 2021-22. In contrast, GDP is forecast to grow at a compound annual rate of 2.3% over the same period. Declining enterprise figures, stagnant product development and medium technological change indicate that the industry is in the decline stage of its life cycle.

After the economic downturn, highly volatile global copper prices and weak commodity demand affected industry revenue as markets struggled to return to equilibrium. Ent.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Copper Production Industry?

Companies in this industry produce copper and copper alloys, such as bronze and brass. The main products in the industry are wires and cables, but companies also produce tubes, rods and pipes.

Industry Products
Copper wire and cableCopper tubes, pipes and fittingsCopper busbars
 
Industry Activities
Producing copper from ores and scrap Manufacturing copper wire and stripManufacturing copper alloysManufacturing tubes, pipes and pipe fittings from brassSemi-copperManufacturing copper rods


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