Report Update Nov 1, 2024

Ireland - Copper Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Copper Ores And Concentrates 2024

Market Size for Copper Ores And Concentrates in Ireland

In 2021, the Irish copper ores and concentrates market increased by 21% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed a strong increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Copper Ores And Concentrates in Ireland

In value terms, copper ores and concentrates production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Exports of Copper Ores And Concentrates

Exports from Ireland

In 2021, overseas shipments of copper ores and concentrates decreased by -13% to X kg, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 1,142%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, copper ores and concentrates exports skyrocketed to $X in 2021. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 663% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for copper ores and concentrates exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +64.2%.

In value terms, the United States ($X) also remains the key foreign market for copper ores and concentrates exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +63.6%.

Export Prices by Country

The average copper ores and concentrates export price stood at $X per ton in 2021, jumping by 86% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 622% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +0.3% per year.

Imports of Copper Ores And Concentrates

Imports into Ireland

In 2021, after two years of decline, there was significant growth in purchases abroad of copper ores and concentrates, when their volume increased by 1,688% to X tons. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 6,116% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, copper ores and concentrates imports soared to $X in 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 4,029% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Finland (X tons) was the main supplier of copper ores and concentrates to Ireland, with a 99% share of total imports. It was followed by the UK (X kg), with a 0.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Finland totaled +61.8%.

In value terms, Finland ($X) constituted the largest supplier of copper ores and concentrates to Ireland, comprising 99% of total imports. The second position in the ranking was held by the UK ($X), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Finland totaled +72.6%.

Import Prices by Country

In 2021, the average copper ores and concentrates import price amounted to $X per ton, picking up by 23% against the previous year. Overall, the import price recorded a prominent increase. The growth pace was the most rapid in 2016 when the average import price increased by 170% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper ores and concentrates in the world?

Kazakhstan constituted the country with the largest volume of copper ores and concentrates consumption, accounting for 54% of total volume. Moreover, copper ores and concentrates consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, China, threefold. Chile ranked third in terms of total consumption with a 5% share.

What are the largest producers of copper ores and concentrates in the world?

Kazakhstan remains the largest copper ores and concentrates producing country worldwide, accounting for 61% of total volume. Moreover, copper ores and concentrates production in Kazakhstan exceeded the figures recorded by the second-largest producer, Chile, eightfold. Peru ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of copper ores and concentrates to Ireland?

In value terms, Finland constituted the largest supplier of copper ores and concentrates to Ireland.

What are the leading importers of copper ores and concentrates from Ireland?

In value terms, the United States remains the key foreign market for copper ores and concentrates exports from Ireland.

What is the average export price for copper ores and concentrates in Ireland?

The average copper ores and concentrates export price stood at $4,786 per ton in 2021, surging by 2% against the previous year.

What is the average import price for copper ores and concentrates in Ireland?

The average copper ores and concentrates import price stood at $12,097 per ton in 2021, picking up by 23% against the previous year.

This report provides an in-depth analysis of the market for copper ores and concentrates in Ireland. 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 07291100 - Copper ores and concentrates

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023