Canada: Copper Ore Market 2020

Copper Ore Market Size in Canada

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

Copper Ore Production in Canada

Copper ore production in Canada amounted to X tons in 2017, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Over the period under review, the copper ore production attained its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Copper Ore Exports from Canada

In 2017, approx. X tons of copper ores and concentrates were exported from Canada; falling by -X% against the previous year. In general, copper ore exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the copper ore exports reached its maximum volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, copper ore exports totaled $X in 2017. Overall, copper ore exports continue to indicate a strong growth. Over the period under review, the copper ore exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Copper Ore Exports by Country from Canada

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) were the key exporters of copper ores and concentrates, together creating X% of total exports. 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) followed a long way behind the leaders.

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 accounting for X% of total exports. Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan and Namibia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Mexico (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Copper Ore Export Prices by Country in Canada

The copper ore export price in Canada stood at $X per ton in 2017, jumping by X% against the previous year. Overall, copper ore export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Canada export price peaked of $X per ton in 2009; however, from 2010 to 2017, it 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 ($X per ton), while Namibia ($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 Canada

Copper ore imports into Canada stood at X tons in 2017, surging by X% against the previous year. Overall, copper ore imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2017, when imports increased by X% against the previous year. Canada imports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, copper ore imports amounted to $X in 2017. Overall, copper ore imports continue to indicate a moderate setback. Over the period under review, the copper ore imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Copper Ore Imports by Country into Canada

China was the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the Philippines (X tons), Japan (X tons) and Spain (X tons), together generating 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) took the mild share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. 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 ($X) constitutes the largest market for imported copper ores and concentrates into Canada, making up X% of global imports. The second position in the ranking was occupied by Japan ($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 Canada

The copper ore import price in Canada stood at $X per kg in 2017, declining by -X% against the previous year. Overall, copper ore import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% against the previous year. In that year, the import prices for copper ores and concentrates attained their peak level of $X per kg. From 2012 to 2017, growth of the import prices for copper ores and concentrates failed to regain its momentum.

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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :