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World - Copper Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Copper Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Nov 1, 2023

Best Import Markets for Copper Ores and Concentrates

In recent years, the demand for copper ores and concentrates has been steadily increasing worldwide. These materials are vital for various industries, including construction, electrical, and electronic sectors. As a result, countries around the globe are actively engaged in importing copper ores and concentrates to fulfill their production needs. The IndexBox market intelligence platform provides valuable insights into the top import markets for copper ores and concentrates. Here, we will explore the world's best import markets based on their import value.

1. China

China, standing at the top of the list, imported copper ores and concentrates worth a staggering 56.3 billion USD in 2022. The country's robust manufacturing sector heavily relies on copper, as it is an essential component in a wide range of products and applications. China's substantial import value highlights its immense demand for copper ores and concentrates.

2. Japan

Japan secures the second spot with imports worth 13.7 billion USD in 2022. The Japanese economy heavily depends on advanced technology and infrastructure, both of which require significant quantities of copper. Thus, the country actively engages in importing copper ores and concentrates to support its industrial growth.

3. South Korea

South Korea imports copper ores and concentrates worth 6.6 billion USD in 2022, positioning itself as a major player in the global copper market. The country's burgeoning electronics industry, coupled with its infrastructure development, drives the demand for copper. South Korea's import value reflects its commitment to ensuring a steady supply of copper ores and concentrates.

4. India

India imports copper ores and concentrates worth 3.3 billion USD in 2022. The Indian economy's rapid growth and increasing urbanization have fueled the demand for copper. The country's construction and electrical sectors are major contributors to its copper import market.

5. Germany

Germany, a global manufacturing hub, imports copper ores and concentrates worth 2.7 billion USD in 2022. The country's robust industrial sector utilizes copper in various applications, including machinery and automotive production. Germany's import value signifies its reliance on imported copper to support its thriving manufacturing industry.

6. Spain

Spain holds a significant position in the copper import market, with imports worth 2.2 billion USD in 2022. The country's construction and telecommunications sectors increasingly rely on copper for wiring and infrastructural development. Spain's import value showcases its commitment to meeting its copper demands.

7. Bulgaria

Bulgaria imports copper ores and concentrates worth 2.2 billion USD in 2022. The country's metallurgical industry, supported by its rich mineral resources, drives its copper import market. Bulgaria's import value reflects its emphasis on securing copper resources to sustain its industries.

8. Taiwan (Chinese)

Taiwan imports copper ores and concentrates worth 1.4 billion USD in 2022. The country's advanced electronics and technology sector heavily relies on copper to fuel its production of electronic components and devices. Taiwan's import value showcases its commitment to sourcing copper ores and concentrates to meet its industrial needs.

9. Philippines

The Philippines imports copper ores and concentrates worth 1.2 billion USD in 2022, reflecting its contribution to the global copper import market. The country's construction industry plays a significant role in driving copper demand, as copper is essential for electrical wiring and plumbing systems.

10. Finland

Finland secures the tenth position with imports of copper ores and concentrates worth 1.1 billion USD in 2022. The country's mining and metallurgical sectors rely on imported copper to support their production and export activities. Finland's import value highlights its importance as a market for copper ores and concentrates.

Conclusion

The global demand for copper ores and concentrates continues to grow, with several countries competing as the best import markets. China leads the way with its substantial import value, followed by Japan, South Korea, and India. Germany, Spain, Bulgaria, Taiwan, Philippines, and Finland also demonstrate their importance in the global copper import market. These countries rely on copper to fuel their industrial growth, supporting sectors such as construction, electronics, and manufacturing. To access reliable and up-to-date market information, businesses can leverage the IndexBox market intelligence platform. It provides comprehensive data and statistics on various markets, including the copper import market, to assist businesses in making informed decisions and remaining competitive.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for copper ores and concentrates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 07291100 - Copper ores and concentrates

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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