Canada - Copper Mattes And Cement Copper - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Copper Mattes And Cement Copper - Market Analysis, Forecast, Size, Trends And Insights

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Copper Matte Price in Canada - 2023

Contents:

  1. Copper Matte Price in Canada (FOB) - 2023
  2. Copper Matte Price in Canada (CIF) - 2022
  3. Copper Matte Exports in Canada
  4. Copper Matte Imports in Canada

Copper Matte Price in Canada (FOB) - 2023

In June 2023, the average copper matte export price amounted to $7,116 per ton, with a decrease of -3.6% against the previous month. Over the period under review, the export price showed a slight decline. The pace of growth was the most pronounced in August 2022 an increase of 13% against the previous month. Over the period under review, the average export prices hit record highs at $8,116 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Australia ($8,232 per ton) and Norway ($7,094 per ton), while the average price for exports to Bulgaria ($6,360 per ton) and South Korea ($6,773 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Matte Price in Canada (CIF) - 2022

In 2022, the average copper matte import price amounted to $111 per ton, declining by -97% against the previous year. Over the period under review, the import price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 97%. Over the period under review, average import prices attained the maximum at $4,308 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($4,118 per ton), while the price for Switzerland ($8.9 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper Matte Exports in Canada

After two years of decline, shipments abroad of copper mattes and cement copper increased by 3.9% to 36K tons in 2022. Overall, exports, however, recorded a mild decrease.

In value terms, copper matte exports surged to $268M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Copper Matte in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway88.791.615014618.1%
South Korea39.037.141.144.34.3%
Bulgaria15.920.319.432.026.3%
GermanyN/AN/A11.616.037.9%
AustraliaN/AN/AN/A14.80%
JapanN/A0.2N/A7.7520.5%
LatviaN/AN/AN/A4.80%
Belgium6.63.46.6N/A0.0%
China8.17.6N/AN/A-6.2%
Others7.21.12.12.4-30.7%
Total16516123026817.5%

Top Export Markets for Copper Matte from Canada in 2022:

  1. Norway (16.5K tons)
  2. South Korea (6.8K tons)
  3. Bulgaria (5.6K tons)
  4. Germany (2.5K tons)
  5. Australia (1.8K tons)
  6. Japan (1.4K tons)
  7. Latvia (0.6K tons)

Copper Matte Imports in Canada

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper mattes and cement copper, when their volume increased by 6,047% to 212K tons. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper matte imports skyrocketed to $24M in 2022. In general, imports, however, showed a sharp slump.

Import of Copper Matte in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A21.40%
SwitzerlandN/AN/AN/A1.80%
Philippines39.82.4N/AN/A-94.0%
Others7.025.912.80.3-65.0%
Total46.828.412.823.6-20.4%

Top Suppliers of Copper Matte to Canada in 2022:

  1. Switzerland (206.9K tons)
  2. Mexico (5.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper matte market in Canada. 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 24441100 - Copper mattes, cement copper (precipitated copper) (excluding copper powder)

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Event
Copper Matte Price in Canada Reaches $9,370 per Ton After Two Consecutive Months of Increase
Dec 15, 2022
Eye 358

In September 2022, the copper matte price stood at $9,370 per ton (FOB, Canada), picking up by 33% against the previous month.

Global Copper Matte Trade Surpasses $1.2B
Feb 16, 2022
Eye 533

In 2020, global copper matte imports surged to 374K tons, picking up by 27% against 2019 figures. In value terms, supplies soared from $0.8B to $1.2B.

Which Country Imports the Most Copper Mattes in the World?
Jul 26, 2018
Eye 1293

In value terms, copper mattes imports stood at $X in 2016. Overall, copper mattes imports continue to indicate a drastic contraction. Over the period under review, global copper mattes imports reac...

Which Country Imports the Most Copper Powders and Flakes in the World?
Jul 26, 2018
Eye 1783

In value terms, copper powders and flakes imports stood at $X in 2016. Overall, copper powders and flakes imports continue to indicate a significant decline. Global copper powders and flakes import...

Which Country Exports the Most Copper Powders and Flakes in the World?
Jul 26, 2018
Eye 1187

In value terms, copper powders and flakes exports totaled $X in 2016. In general, copper powders and flakes exports continue to indicate a moderate downturn. Global copper powders and flakes export...

Copper Matte Price in Canada Reaches $9,370 per Ton After Two Consecutive Months of Increase
Dec 15, 2022
Eye 358

In September 2022, the copper matte price stood at $9,370 per ton (FOB, Canada), picking up by 33% against the previous month.

Global Copper Matte Trade Surpasses $1.2B
Feb 16, 2022
Eye 533

In 2020, global copper matte imports surged to 374K tons, picking up by 27% against 2019 figures. In value terms, supplies soared from $0.8B to $1.2B.

Which Country Imports the Most Copper Mattes in the World?
Jul 26, 2018
Eye 1293

In value terms, copper mattes imports stood at $X in 2016. Overall, copper mattes imports continue to indicate a drastic contraction. Over the period under review, global copper mattes imports reac...

Which Country Imports the Most Copper Powders and Flakes in the World?
Jul 26, 2018
Eye 1783

In value terms, copper powders and flakes imports stood at $X in 2016. Overall, copper powders and flakes imports continue to indicate a significant decline. Global copper powders and flakes import...

Which Country Exports the Most Copper Powders and Flakes in the World?
Jul 26, 2018
Eye 1187

In value terms, copper powders and flakes exports totaled $X in 2016. In general, copper powders and flakes exports continue to indicate a moderate downturn. Global copper powders and flakes export...

Free Data: Copper Mattes And Cement Copper - Canada