Eastern Asia: Copper Ore Market 2020

Copper Ore Market Size in Eastern Asia

The revenue of the copper ore market in Eastern Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The copper ore consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. Over the period under review, the copper ore market reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Copper Ore Exports

Exports in Eastern Asia

The exports totaled X tons in 2017, rising by X% against the previous year. The copper ore exports continue to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the copper ore exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, copper ore exports stood at $X in 2017. The copper ore exports continue to indicate a skyrocketing expansion. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Exports by Country

In 2017, Taiwan, Chinese (X tons) and South Korea (X tons) were the key exporters of copper ores and concentrates in Eastern Asia, mixed up X% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Taiwan, Chinese (+X% per year).

In value terms, the largest copper ore markets worldwide were Taiwan, Chinese ($X) and South Korea ($X), together accounting for X% of total exports.

Taiwan, Chinese (+X% per year) recorded the highest growth rate of exports, among the main exporting countriesover the last decade.

Export Prices by Country

The copper ore export price in Eastern Asia stood at $X per ton in 2017, going up by X% against the previous year. The copper ore export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2012, when the export prices increased by X% year-to-year. In that year, the export prices for copper ores and concentrates attained their peak level of $X per ton. From 2013 to 2017, growth of the export prices for copper ores and concentrates failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per ton), while Taiwan, Chinese ($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 South Korea (X% per year).

Copper Ore Imports

Imports in Eastern Asia

In 2017, approx. X tons of copper ores and concentrates were imported in Eastern Asia; going up by X% against the previous year. The copper ore imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, copper ore imports totaled $X in 2017. The total imports indicated a strong expansion 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 imports increased by +X% against 2015 indices. Over the period under review, the copper ore imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Imports by Country

In 2017, China (X tons) was the largest importer for copper ores and concentrates, generating X% of total imports. Japan (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%). Taiwan, Chinese (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan experienced a relatively flat trend pattern. While the share of Taiwan, Chinese (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).

Import Prices by Country

The copper ore import price in Eastern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The copper ore import price continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% against the previous 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 stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per ton), while Taiwan, Chinese ($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 South Korea (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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