Copper Chain Market

Copper chain market: read the latest information provided by an Ai-driven market intelligence platform. Facts and figures provide production, companies, market size, imports, exports, consumption, trade, and market prices. There is a breakdown by country, including the U.K., Russia, Africa, the U.S., China, the Middle East, EU, and Latin America. Market dynamics and forecast to 2030 are also provided in the snapshots.

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Copper Chain - World's Largest Markets

Rating	Country
1	United States
2	Denmark
3	South Korea
4	Italy
5	Japan

In value terms, the United States, Denmark and South Korea were the countries with the highest levels of market value in 2020, together comprising 40% of the global market. Italy, Japan, India, France, Syrian Arab Republic, Saudi Arabia, Indonesia, the UK and Mexico lagged somewhat behind, together comprising a further 42%.

Among the main consuming countries, Saudi Arabia (+165.1% per year) saw the highest rates of growth with regard to market size, over the period under review, while copper chain market for the other global leaders experienced more modest paces of growth.

Copper Chain Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Malaysia	4041	3830	3631	-5.2%
Singapore	11301	13971	7776	-17.0%
China	11615	9008	9008	-11.9%
India	12073	12077	10487	-6.8%
United States	7421	12263	15966	46.7%
South Korea	22445	19946	18460	-9.3%
Italy	47103	40122	52396	5.5%
Germany	77602	84753	98609	12.7%
Average	15565	16547	21829	18.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($98,609 per ton), while Malaysia ($3,631 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Singapore	35933	36795	38724	3.8%
Italy	34194	38505	34752	0.8%
France	27547	29588	27942	0.7%
Germany	19920	22520	24665	11.3%
China	23393	23173	23173	-0.5%
Japan	27856	26070	22796	-9.5%
Netherlands	18692	18053	19889	3.2%
Mexico	21345	16905	9139	-34.6%
United States	23206	15680	9003	-37.7%
Saudi Arabia	11334	12813	8370	-14.1%
Malaysia	4663	5340	6405	17.2%
India	9886	9418	5474	-25.6%
Indonesia	5207	4526	4560	-6.4%
Average	19342	21281	16120	-8.7%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Singapore ($38,724 per ton), while Indonesia ($4,560 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Copper Chain - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Japan	4.8	4.6	4.4	-5.2%
Italy	2.5	6.5	3.5	19.9%
France	5.5	5.5	3.1	-24.5%
China	2.3	1.9	2	-7.8%
United States	2.6	1.6	1.8	-17.1%

In value terms, Japan ($4.4M), Italy ($3.5M) and France ($3.1M) were the countries with the highest levels of imports in 2020, together accounting for 36% of global imports. China, the United States, Singapore, Indonesia, Germany, Saudi Arabia, the Netherlands, Malaysia, India and Mexico lagged somewhat behind, together accounting for a further 36%.

Saudi Arabia (+140.3% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Copper Chain - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Italy	6.9	8.1	13	37.7%
United States	8.4	15	11	14.1%
China	4.7	4.3	4.3	-4.3%
Germany	4.4	3.8	3.2	-13.9%
Singapore	1.1	1.2	1.3	7.4%

In value terms, the largest copper chain supplying countries worldwide were Italy ($13M), the United States ($11M) and China ($4.3M), together accounting for 65% of global exports.

Among the main exporting countries, Italy saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Copper Chain - Market Forecast

Driven by increasing demand for copper chain worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.