Belgium: Copper Ore Market 2020

Copper Ore Market Size in Belgium

The revenue of the copper ore market in Belgium amounted to $X in 2017, declining by -X% against the previous year. In general, copper ore consumption continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. In that year, the copper ore market attained their peak level of $X. From 2012 to 2017, growth of the copper ore market stood at a somewhat lower level.

Copper Ore Production in Belgium

In 2017, the amount of copper ores and concentrates produced in Belgium stood at X kg, remaining stable against the previous year. Overall, copper ore production continues to indicate a relatively flat trend pattern.

Copper Ore Exports from Belgium

In 2017, the amount of copper ores and concentrates exported from Belgium totaled X tons, going up by X% against the previous year. Overall, copper ore exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Belgium exports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, copper ore exports amounted to $X in 2017. In general, copper ore exports continue to indicate a temperate growth. In that year, the copper ore exports reached their peak level of $X. From 2012 to 2017, growth of the copper ore exports failed to regain its momentum.

Copper Ore Exports by Country from Belgium

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) represented the main exporters of copper ores and concentrates, together achieving 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, together comprising X% of total exports. These countries were followed by Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Belgium, which together accounted for a further X%.

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

Copper Ore Export Prices by Country in Belgium

The copper ore export price in Belgium stood at $X per ton in 2017, dropping by -X% against the previous year. Overall, copper ore export price continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. Over the period under review, the export prices for copper ores and concentrates reached its peak figure level of $X per ton in 2007; however, from 2008 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 Belgium

In 2017, approx. X tons of copper ores and concentrates were imported into Belgium; coming up by X% against the previous year. In general, copper ore imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. Over the period under review, the copper ore imports reached its peak figure volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, copper ore imports totaled $X in 2017. In general, copper ore imports continue to indicate a prominent growth. Belgium imports peaked in 2017, and are likely to see steady growth in the near future.

Copper Ore Imports by Country into Belgium

China represented the key importing country with an import of about X tons, which recorded X% of total imports. The Philippines (X tons) occupied the second position in the ranking, followed by Japan (X tons) and Spain (X tons). All these countries together occupied near 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) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to copper ore imports into China stood at +X%. 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. While the share of India (X%) increased significantly in terms of the global imports from 2007-2017, the share of Taiwan, Chinese (-X%), Zambia (-X%), Spain (-X%), the Philippines (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, copper ore imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and India (-X% per year).

Copper Ore Import Prices by Country in Belgium

In 2017, the copper ore import price in Belgium amounted to $X per ton, growing by X% against the previous year. In general, the import price indicated a remarkable increase 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. Based on 2017 figures, the copper ore import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% against the previous year. Over the period under review, the import prices for copper ores and concentrates reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it 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.

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Source: IndexBox Platform

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