Italy: Copper Ore Market 2020

Copper Ore Market Size in Italy

The revenue of the copper ore market in Italy amounted to $X in 2017, coming up by X% against the previous year. In general, copper ore consumption continues to indicate a moderate increase. The growth pace was the most rapid in 2010, when market value increased by X% against the previous year. Italy copper ore consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Copper Ore Production in Italy

In 2017, approx. X kg of copper ores and concentrates were produced in Italy; approximately equating the previous year. In general, copper ore production continues to indicate an outstanding increase. Over the period under review, the copper ore production reached its maximum volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Copper Ore Exports from Italy

In 2017, the amount of copper ores and concentrates exported from Italy totaled X tons, declining by -X% against the previous year. In general, copper ore exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. Over the period under review, the copper ore exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, copper ore exports amounted to $X in 2017. Overall, copper ore exports continue to indicate an abrupt contraction. Over the period under review, the copper ore exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Copper Ore Exports by Country from Italy

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) represented the main 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) took the weak 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, with a combined X% share of total exports. Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Mexico (+X% per year) recorded 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 Italy

In 2017, the copper ore export price in Italy amounted to $X per ton, increasing by X% against the previous year. In general, copper ore export price continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the export prices for copper ores and concentrates attained its maximum level of $X per ton in 2007; however, from 2008 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 Italy

Copper ore imports into Italy stood at X tons in 2017, rising by X% against the previous year. Overall, copper ore imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. Italy imports peaked in 2017, and are likely to see steady growth in the near future.

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

Copper Ore Imports by Country into Italy

China was the major importer of copper ores and concentrates in the world, with the volume of imports recording X tons, which was approx. X% of total imports in 2017. 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) held the slight 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. From 2007 to 2017, the share of India increased by X% percentage points, while Taiwan, Chinese (-X%), Zambia (-X%), Spain (-X%), the Philippines (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported copper ores and concentrates into Italy, making up X% of global imports. The second position in the ranking was occupied by Japan ($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 amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and India (-X% per year).

Copper Ore Import Prices by Country in Italy

In 2017, the copper ore import price in Italy amounted to $X per ton, going up by X% against the previous year. Overall, copper ore import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. In that year, the import prices for copper ores and concentrates attained their peak level of $X per ton. From 2010 to 2017, growth of the import prices for copper ores and concentrates stood at a somewhat lower level.

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