China: Copper Ore Market 2020

Copper Ore Market Size in China

The revenue of the copper ore market in China amounted to $X in 2017, rising by X% against the previous year. In general, copper ore consumption continues to indicate a skyrocketing increase. 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 market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Copper Ore Production in China

In 2017, copper ore production in China stood at X kg, standing approx. at the previous year. In general, copper ore production continues to indicate a relatively flat trend pattern.

Copper Ore Exports from China

In 2017, the amount of copper ores and concentrates exported from China stood at X tons, coming up by X% against the previous year. Overall, copper ore exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when exports increased by X% against the previous year. China exports peaked of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, copper ore exports amounted to $X in 2017. In general, the total exports indicated a slight growth from 2007 to 2017: its value 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 exports increased by +X% against 2011 indices. Over the period under review, the copper ore exports reached its peak figure level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Copper Ore Exports by Country from China

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 committing 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) held the mild share 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) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and China, which together accounted for a further X%.

Among the main exporting countries , Mexico (+X% per year) experienced 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 China

In 2017, the copper ore export price in China amounted to $X per ton, falling by -X% against the previous year. Overall, copper ore export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, 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 ton. From 2012 to 2017, growth of the export prices for copper ores and concentrates stood at a somewhat lower level.

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 China

Copper ore imports into China totaled X tons in 2017, rising by X% against the previous year. Overall, copper ore imports continue to indicate a strong increase. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. China imports peaked in 2017, and are likely to see steady growth in the immediate term.

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

Copper Ore Imports by Country into China

In 2017, China (X tons) was the largest importer for copper ores and concentrates, committing X% of total imports. The Philippines (X tons) ranks second in terms of the global imports with a X% share, followed by Japan (X%) and Spain (X%). 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. India (X%) significantly strengthened its position in terms of the global imports, while Taiwan, Chinese, Zambia, Spain, the Philippines and China saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In 2017, the copper ore import price in China amounted to $X per ton, increasing by X% against the previous year. Overall, copper ore import price continues to indicate a temperate downturn. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. Over the period under review, the import prices for copper ores and concentrates attained its maximum level of $X per ton in 2011; however, from 2012 to 2017, it 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

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