January-February Copper Enamelled Wire Export Analysis [SMM Analysis]

Published: Mar 21, 2025 10:16
Source: SMM
According to data from the General Administration of Customs, China's exports of copper enamelled wire in January 2025 were 12,197.7 mt, up 22.79% YoY and down 1.45% MoM; in February, exports were 7,333.07 mt, up 13.07% YoY and down 39.88% MoM. For January-February, total exports of copper enamelled wire were 19,530.77 mt, up 18.95% YoY. (HS code 85441100)

According to data from the General Administration of Customs, China's exports of copper enamelled wire in January 2025 were 12,197.7 mt, up 22.79% YoY and down 1.45% MoM; in February, exports were 7,333.07 mt, up 13.07% YoY and down 39.88% MoM. For January-February, total exports of copper enamelled wire were 19,530.77 mt, up 18.95% YoY. (HS code 85441100)

In January and February, the export pace of enamelled wire slowed due to the Chinese New Year holiday, leading to a significant decline in exports. However, compared with the same period last year, the export volume still achieved substantial growth, demonstrating the resilience of overseas demand for copper enamelled wire.

Specifically, from January to February 2024, China's copper enamelled wire exports covered 169 countries and regions. Among the top ten export destinations, the quantities shipped to the Philippines and Indonesia decreased by 31.83% and 46.41% YoY, respectively, while all other countries and regions showed an upward trend. Vietnam, Japan, and Thailand remained the top three, with export volumes of 2,998 mt, 2,785 mt, and 2,152 mt, respectively. Additionally, the increases in exports to Mexico, India, and South Korea were particularly notable, growing by 146.19%, 134.49%, and 95.79%, ranking 8th, 9th, and 4th, respectively, indicating that the potential of these markets is gradually being realized.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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January-February Copper Enamelled Wire Export Analysis [SMM Analysis] - Shanghai Metals Market (SMM)