UAE’s Copper Wire Rod Market Outlook Report
10,056€
- TRY: 365,000 ₺
Copper wire rod includes products with diameters of 6mm or greater (known as rod) and smaller than 6mm (known as wire). It includes the following types (in all cross sections):
- Electrolytic cathode wire rod (ASTM B49 standard)
- Oxygen-free wire rod (ASTM B49 standard)
- Oxygen-free alloy wire rod (EN1977)
The first two types of wire rod have a minimum copper content of 99.99%. Alloy wire rod contains trace amounts (less than 0.1%) of silver with a total copper-silver content of 99.99%.
It should be noted that clean, high-grade scrap is used as part of the furnace feed in the production of copper wire rod, but this depends on production technology. Wire rod produced from scrap usually requires control and further processing to be converted into standard products for electrical applications. Thus, wire rod from scrap is partly used in non-electrical applications.
Product Description
With a per-capita GDP of $61,000 in 2019, the UAE was the second largest economy in the region that year, behind Qatar. Despite being the most diverse economy in the Gulf Cooperation Council (GCC), the country is still reliant on oil. Oil and petrochemicals account for a major portion (more than half) of the country’s exports. Due to the growing demand in power and telecom infrastructure, wires and cables as well as related industries have been developed.
Market drivers of the UAE’s copper wire rod
Electrical wires and cables are the most important and largest consumers of copper wire rod in the UAE. With forecasts of a growing market for wires and cables due to industrialization and infrastructure development, demand for wire rod as the main raw material used in the production of wires and cables is expected to increase.
The growing population and the increasing demand for housing in the UAE will translate into developments in the construction sector, boosting demand for wires and cables. As a result, wire and cable capacities will be developed, leading to stronger demand for wire rod.
Stronger demand for aluminum wire rod for the production of wires and cables with aluminum conductors is one of the challenges for copper wire rod producers and can restrict their market size.
Overview of the UAE’s copper wire rod market
Wire rod production was established in the UAE in order to support the wires and cables industry. Currently, output exceeds domestic demand, leading to sizeable exports. Developments in wire rod capacities over the recent years led to higher net exports. As new wire and cable capacities come online over the coming years, wire rod consumption is expected to increase, putting pressure on net exports over the coming years.
Breakdown of the UAE’s copper wire rod market
Both supply and demand in the UAE’s copper wire rod market have been analyzed; demand has also been broken down based on application, both in the historical period and the forecast period. On this basis, copper wire rod is used in the production of wires and busbars. Moreover, the copper wire market has also been analyzed in terms of applications, including HV wires and cables, LV wires and cables, telecom cables, and winding wire.
Key players in the UAE’s copper wire rod market
- Dubai Cable Company (Private) Limited
- Union Copper Rod LLC
- Emirates Copper Sterlite Industries
Additional Information
Industry | Wire Rod |
---|---|
Region | United Arab Emirates |
Report Type | Industry Report |
Specifications
Report Attribute | Details |
The base year for estimation | 2019 |
Historical data | 2009-2018 |
Forecast period | 2020-2025 |
Quantitative units | Value in USD and Volume in Tonne |
Report coverage | Market Overview, Dynamics, Market Outlook, Risks to Forecast, Consumer Market, Industry Overview, Market Landscape, Competitive Landscape, Market Attractiveness, External Macro Environment Analysis |
Segments covered | Composition, Type, Application |
Pricing and purchase options | Please explore our purchase options to meet your exact research needs. |
Reasons to Buy
- Recognize the geographical distribution of import demand
- Identify the current and future key players of the trading market
- Achieve a better insight on potential target markets
- Understand the behavior of major suppliers/customers either globally or regionally
- Identify competitors as a feed for market analysis
Table of Content
- Executive summary
- Introduction
- Objective
- Market under study
- Product
- Product specifications
- Consumption structure
- Applications
- Physical properties
- Subjects discussed
- Geographical scope under study
- Study timeframe
- Study currency
- Potential audience
- Market dynamics
- Market drivers
- Restraints
- Opportunities
- Challenges
- Market overview
- Market size
- Industry capacities
- Existing capacities
- Capacity distribution
- Geographical distribution of capacities
- Future capacities
- Existing capacities
- Output
- Output trends
- Operating rates
- Consumption
- Consumption trend
- Consumption Share of domestic product
- Trade
- Exports
- Imports
- Trade balance
- Market balance
- Market breakdown by product type
- Market breakdown by product type
- Market breakdown by application
- Inventory
- Producers inventory
- Consumers inventory
- Traders inventory
- Market outlook
- Market factors
- Raw materials
- Costs and prices
- Competition
- The government
- Other factors
- Future scenarios
- Risks to forecast
- Market factors
- Consumer markets
- End-user markets
- Building construction
- Infrastructure construction
- Transportation manufacturing
- Industrial equipment manufacturing
- Durable goods manufacturing
- Consumable goods manufacturing
- Direct consumer markets
- Major Direct consumers
- Existing capacities
- Drivers
- Major Direct consumers
- End-user markets
- Export potentials
- Destinations
- Trade and insurance costs
- Import market suppliers
- Producers potential share
- Destinations
- Industry overview
- Raw materials
- The supply volume of raw materials
- Supply channels of raw materials
- Raw materials procurement costs
- Cost structure of producers
- Production cost curve
- Industry value added
- Generated new scrap
- Technology
- Raw materials
- Market landscape
- Domestic sales markets
- Pricing in the domestic market
- Potential domestic demand
- Trade agreements for imports
- Foreign suppliers
- Foreign sales market
- Prices
- Potential markets overview
- Trade agreements for exports
- Foreign customers
- Domestic sales markets
- Competitive landscape
- Producers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Consumers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Producers
- Market attractiveness
- Industry rivalry
- Threat of new entrants
- Threat of substitutes
- Bargaining power of buyers
- Bargaining power of suppliers
- Conclusion of Porter analysis
- PESTEL analysis
- Political factors
- Economic factors
- Social factors
- Technology factors
- Environmental factors
- Legal factors
- SWOT analysis
- Large-scale companies with favorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with favorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with favorable conditions
List of Figures
- Output and consumption; 2009-2019
- Market share of product applications; 2019
- Market surplus; 2019-2025
- Production process flowchart
- Market size; 2009-2025
- Existing capacity; 2009-2019
- Capacity distribution; 2019
- Geographic distribution of capacities; 2019
- Development of future capacity; 2009-2025
- Amount of output; 2009-2025
- Operating rates of production plants; 2009-2025
- Amount of consumption; 2009-2025
- Consumption share of domestic product; 2009-2025
- Exports of product; 2009-2019
- Imports of product; 2009-2019
- Historical trade balance; 2009-2019
- Future Market balance; 2020-2025
- Market output breakdown by alloy type; 2009-2025
- Market consumption breakdown by alloy type; 2009-2025
- Market balance breakdown by alloy type; 2009-2025
- Market output breakdown by product type; 2009-2025
- Market consumption breakdown by product type; 2009-2025
- Market balance breakdown by product type; 2009-2025
- Market consumption breakdown by application; 2009-2025
- Inventories of raw materials and products at producers factories; 2009-2019
- Consumers’ inventory of product; 2009-2019
- Traders’ inventory; 2009-2019
- Production forecast, according to raw materials and sales analysis; 2019-2025
- Market surplus; 2019-2025
- The share of end-user industries in the consumption; 2009 and 2019
- Changes in the end-consumption of extrusion products; 2019 vs 2025
- Applications in building construction industry; 2019
- Applications in infrastructure construction industry; 2019
- Applications in transportation manufacturing industry; 2019
- Applications in industrial equipment manufacturing industry; 2019
- Applications in durable goods manufacturing industry; 2019
- Applications in consumable goods manufacturing industry; 2019
- Capacity distribution structure of direct consumers; 2019
- Existing capacities of direct consumers in each province; 2019
- Suppliers of the export potential destination; 2019
- Historical exports to the export potential destination and future potential; 2016-2025
- Up-stream domestic supply; 2009-2019
- Raw materials domestic supply; 2009-2019
- Supply channels of producer plants
- Spot price of raw material in the market; 2009-2025
- Cash cost structure for production the product; 2019
- Production cost curve of the plants; 2019
- Gross value added of the industry; 2009-2019
- Generated new scrap; 2009-2019
- Sales channels
- Realized price of the product in the market; 2009-2025
- Potential demand of each province; 2019
- The main foreign suppliers to the market; 2009-2019
- FOB price vs domestic market; 2009-2025
- Map of global major importers > 20,000t; 2019
- Major foreign customers; 2009-2019
- Revenue structure of the producers; FY2019
- Sales income and gross profit margin of the producers; FY2009-2019
- Output and sales of the producers; FY2009-2019
- Revenue structure of the consumers; FY2019
- Sales income and gross profit margin of the consumers; FY2009-2019
- Output and sales of the consumers; FY2009-2019
- SWOT matrix for large-scale companies with favorable conditions
- Strategies positioning for large-scale companies with favorable conditions
- SWOT matrix for large-scale companies with unfavorable conditions
- Strategies positioning for large-scale companies with unfavorable conditions
- SWOT matrix for small enterprises with favorable conditions
- Strategies positioning for small enterprises with favorable conditions
- SWOT matrix for small enterprises with unfavorable conditions
- Strategies positioning for small enterprises with unfavorable conditions