Industry Analysis & Industry Trends
The Copper Tubes and Wire Manufacturing industry has had its ups and downs over the past few years as copper prices plummeted before regaining value, demand from downstream markets has dwindled and the Australian dollar has been high. The industry is largely dependent on these factors, and as a result has faced some tumultuous years. Growth has returned in the past two years as the industry has become more stable and conditions have improved. The industry is expected to grow at an annualised 1.6% over the five years through 2012-13, to be worth $3.48 billion. Revenue is forecast to grow by 2.7% in 2012-13 as higher demand both locally and internationally drives growth.
The onset of the economic downturn in late 2008 hit downstream industries hard... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Copper Tubes and Wire Manufacturing industry has a medium level of concentration, with the top two producers estimated to account for 50.8% of the market in 2012-13. Being in a stage of decline, the industry has consolidated over the past five years. This has occurred as large players such as MM Kembla and Crane Group have followed strategies of mergers and acquisitions. In 2011, Crane Group was acquired by diversified building supplies group Fletcher Building. Given the high level of capital intensity in the industry, efficiencies created by economies of scale and scope, and increasing international competition have forced a number of smaller players out of the industry altogether. .. purchase to read more