Germany: Copper Ore Market Overview 2020

Copper Ore Market Size in Germany

The revenue of the copper ore market in Germany amounted to $X in 2017, surging by X% against the previous year. Overall, copper ore consumption continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017, when market value increased by X% against the previous year. Germany copper ore consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Copper Ore Production in Germany

In 2017, copper ore production in Germany amounted to X kg, remaining relatively unchanged against the previous year. Overall, copper ore production continues to indicate a relatively flat trend pattern.

Copper Ore Exports from Germany

In 2017, the amount of copper ores and concentrates exported from Germany totaled X tonnes, coming down by -X% against the previous year. In general, copper ore exports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Germany exports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, copper ore exports stood at $X in 2017. In general, copper ore exports continue to indicate a drastic curtailment. Over the period under review, the copper ore exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Copper Ore Exports by Country from Germany

In 2017, Chile (X tonnes), distantly followed by Peru (X tonnes), Australia (X tonnes) and Canada (X tonnes) represented the largest exporters of copper ores and concentrates, together making up X% of total exports. The following exporters - Mexico (X tonnes), Mongolia (X tonnes), Brazil (X tonnes), Spain (X tonnes), Indonesia (X tonnes), Kazakhstan (X tonnes), the U.S. (X tonnes) and Namibia (X tonnes) 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, the largest copper ore markets worldwide were Chile ($X), Peru ($X) and Australia ($X), with a combined X% share of total exports. Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Germany lagged somewhat behind, together comprising a further X%.

Mexico (+X% per year) recorded 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 Germany

In 2017, the copper ore export price in Germany amounted to $X per tonne, coming up by X% against the previous year. Overall, copper ore export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% y-o-y. In that year, the export prices for copper ores and concentrates reached their peak level of $X per tonne. From 2011 to 2017, growth of the export prices for copper ores and concentrates failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Indonesia ($X per tonne), while Namibia ($X per tonne) 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 Germany

In 2017, the amount of copper ores and concentrates imported into Germany stood at X tonnes, picking up by X% against the previous year. Overall, copper ore imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when imports increased by X% y-o-y. In that year, the copper ore imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, copper ore imports stood at $X in 2017. Overall, copper ore imports continue to indicate a relatively flat trend pattern. Over the period under review, the copper ore imports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Copper Ore Imports by Country into Germany

China was the main importing country with an import of about X tonnes, which amounted to X% of total imports. The Philippines (X tonnes) occupied the second position in the ranking, followed by Japan (X tonnes) and Spain (X tonnes). All these countries together held approx. X% share of total imports. The following importers - South Korea (X tonnes), India (X tonnes), Germany (X tonnes), Bulgaria (X tonnes), Taiwan, Chinese (X tonnes) and Zambia (X tonnes) together made up X% of total imports.

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

From 2007 to 2017, the average annual rate of growth in terms 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 Germany

The copper ore import price in Germany stood at $X per tonne in 2017, dropping by -X% against the previous year. In general, copper ore import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2011, when the import prices increased by X% y-o-y. In that year, the import prices for copper ores and concentrates attained their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for copper ores and concentrates failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per tonne), while the Philippines ($X per tonne) 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 AI Platform