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Report World - Copper Mattes and Cement Copper - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

World - Copper Mattes and Cement Copper - Market Analysis, Forecast, Size, Trends and Insights

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Global Copper Matte Market 2025

Copper Matte Market Size

In 2022, the global copper matte market increased by 17% to $X, rising for the sixth consecutive year after four years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +63.6% against 2016 indices. Over the period under review, the global market reached the peak level in 2022 and is expected to retain growth in years to come.

Copper Matte Production

In value terms, copper matte production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 13% against the previous year. Global production peaked at $X in 2021, and then fell modestly in the following year.

Copper Matte Exports

Exports

In 2022, overseas shipments of copper mattes and cement copper decreased by -3.2% to X tons, falling for the third consecutive year after five years of growth. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 34% against the previous year. The global exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, copper matte exports expanded markedly to $X in 2022. Overall, exports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2017 when exports increased by 39%. Over the period under review, the global exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Iran (X tons), distantly followed by Finland (X tons), Canada (X tons), Indonesia (X tons) and Belgium (X tons) represented the main exporters of copper mattes and cement copper, together creating 63% of total exports. Thailand (X tons), Japan (X tons), the Netherlands (X tons), India (X tons), Hong Kong SAR (X tons), Cambodia (X tons), South Korea (X tons) and Brazil (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Indonesia (with a CAGR of +208.0%), while the other global leaders experienced more modest paces of growth.

In value terms, Finland ($X) remains the largest copper matte supplier worldwide, comprising 51% of global exports. The second position in the ranking was taken by Canada ($X), with an 18% share of global exports. It was followed by Iran, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Finland totaled +23.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Canada (+3.1% per year) and Iran (+0.3% per year).

Export Prices by Country

The average copper matte export price stood at $X per ton in 2022, growing by 13% against the previous year. Overall, the export price saw pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.6%), while the other global leaders experienced more modest paces of growth.

Copper Matte Imports

Imports

In 2022, approx. X tons of copper mattes and cement copper were imported worldwide; with an increase of 71% against the previous year. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper matte imports expanded rapidly to $X in 2022. Overall, imports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 54%. Global imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Canada represented the main importing country with an import of around X tons, which accounted for 39% of total imports. It was distantly followed by Russia (X tons), South Korea (X tons), Belgium (X tons) and China (X tons), together generating a 49% share of total imports. The following importers - Thailand (X tons) and Finland (X tons) - each amounted to a 4.8% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +136.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest copper matte importing markets worldwide were Russia ($X), South Korea ($X) and Belgium ($X), with a combined 75% share of global imports. China, Finland, Canada and Thailand lagged somewhat behind, together accounting for a further 15%.

Canada, with a CAGR of +78.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average copper matte import price stood at $X per ton in 2022, falling by -35.7% against the previous year. In general, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Russia, South Korea and China, together accounting for 40% of global consumption.
Iran constituted the country with the largest volume of copper matte production, accounting for 22% of total volume. Moreover, copper matte production in Iran exceeded the figures recorded by the second-largest producer, the Philippines, twofold. Finland ranked third in terms of total production with an 8.2% share.
In value terms, Finland remains the largest copper matte supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by Iran, with an 11% share of global exports. It was followed by the Philippines, with an 8.7% share.
In value terms, Russia constitutes the largest market for imported copper mattes and cement copper worldwide, comprising 43% of global imports. The second position in the ranking was occupied by South Korea, with a 12% share of global imports. It was followed by Norway, with an 11% share.
The average copper matte export price stood at $2,509 per ton in 2021, declining by -14.9% against the previous year.
The average copper matte import price stood at $4,058 per ton in 2021, growing by 19% against the previous year.

This report provides an in-depth analysis of the global copper matte market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24441100 - Copper mattes, cement copper (precipitated copper) (excluding copper powder)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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