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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The performance of the Copper Production industry has been highly volatile over the past five years, reflecting shifts in demand and output readjustment. Over the five years through 2016-17, IBISWorld expects industry revenue to decline precipitously at a compound annual rate of 13.4% to reach £525.4 million. This poor performance is the result of plunging copper prices on the global market combined with feeble demand from the construction sector and mounting price competition between the major players in the industry. However, as the construction sector started improving in the second half of the period, drops in revenue have softened, with revenue expected to fall by 7.1% in the current year. Despite this poor revenue performance, profit has edged up over the period. Thi.. 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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