Singapore: Copper Ore Market 2020

Copper Ore Market Size in Singapore

The revenue of the copper ore market in Singapore amounted to $X in 2017, growing by X% against the previous year. In general, copper ore consumption continues to indicate an outstanding growth. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Singapore copper ore consumption peaked in 2017, and is expected to retain its growth in the near future.

Copper Ore Production in Singapore

In 2017, approx. X tons of copper ores and concentrates were produced in Singapore; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Singapore copper ore production peaked in 2017, and is likely to continue its growth in the immediate term.

Copper Ore Exports from Singapore

In 2017, the amount of copper ores and concentrates exported from Singapore totaled X tons, dropping by -X% against the previous year. Overall, copper ore exports continue to indicate a strong expansion. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. Singapore exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, copper ore exports stood at $X in 2017. In general, copper ore exports continue to indicate a remarkable expansion. Singapore exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Copper Ore Exports by Country from Singapore

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) represented the major exporters of copper ores and concentrates, together making up X% of total exports. The following exporters - Mexico (X tons), Mongolia (X tons), Brazil (X tons), Spain (X tons), Indonesia (X tons), Kazakhstan (X tons), the U.S. (X tons) and Namibia (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Peru ($X) and Australia ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Singapore, which together accounted for a further X%.

Mexico (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Copper Ore Export Prices by Country in Singapore

In 2017, the copper ore export price in Singapore amounted to $X per ton, jumping by X% against the previous year. Overall, the export price indicated a mild expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Singapore export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Copper Ore Imports into Singapore

In 2017, the amount of copper ores and concentrates imported into Singapore stood at X tons, remaining relatively unchanged against the previous year. In general, copper ore imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Singapore imports peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, copper ore imports totaled $X in 2017. Overall, copper ore imports continue to indicate a skyrocketing growth. Over the period under review, the copper ore imports attained its peak figure level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Copper Ore Imports by Country into Singapore

China was the major importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by the Philippines (X tons), Japan (X tons) and Spain (X tons), together mixed up X% share of total imports. South Korea (X tons), India (X tons), Germany (X tons), Bulgaria (X tons), Taiwan, Chinese (X tons) and Zambia (X tons) held the weak share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, the Philippines (+X%), Zambia (+X%), Taiwan, Chinese (+X%), Spain (+X%), Bulgaria (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany and Japan experienced a relatively flat trend pattern. By contrast, India (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India increased by X% percentage points, while Taiwan, Chinese (-X%), Zambia (-X%), Spain (-X%), the Philippines (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported copper ores and concentrates into Singapore, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and India (-X% per year).

Copper Ore Import Prices by Country in Singapore

In 2017, the copper ore import price in Singapore amounted to $X per ton, coming up by X% against the previous year. In general, copper ore import price continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2014, when the import prices increased by X% y-o-y. In that year, the import prices for copper ores and concentrates reached their peak level of $X per ton. From 2015 to 2017, growth of the import prices for copper ores and concentrates stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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