Netherlands: Market for Copper Ores And Concentrates 2024

Market Size for Copper Ores And Concentrates in the Netherlands

After two years of growth, the Dutch copper ores and concentrates market decreased by -12.3% to $X in 2021. In general, consumption enjoyed a measured expansion. Copper ores and concentrates consumption peaked at $X in 2020, and then declined in the following year.

Production of Copper Ores And Concentrates in the Netherlands

In value terms, copper ores and concentrates production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +51.6% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, production reached the peak level of $X, and then contracted remarkably in the following year.

Exports of Copper Ores And Concentrates

Exports from the Netherlands

In 2021, after three years of growth, there was significant decline in shipments abroad of copper ores and concentrates, when their volume decreased by 99.9% to X kg. Over the period under review, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2013 when exports increased by 766% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, copper ores and concentrates exports fell remarkably to $X in 2021. In general, exports saw a sharp decrease. The pace of growth was the most pronounced in 2013 with an increase of 681%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X kg) was the main destination for copper ores and concentrates exports from the Netherlands, accounting for a 83% share of total exports. Moreover, copper ores and concentrates exports to South Africa exceeded the volume sent to the second major destination, the UK (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume to South Africa amounted to +31.5%.

In value terms, the UK ($X) emerged as the key foreign market for copper ores and concentrates exports from the Netherlands, comprising 97% of total exports. The second position in the ranking was taken by South Africa ($X), with a 3.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to -42.9%.

Export Prices by Country

The average copper ores and concentrates export price stood at $X per ton in 2021, which is down by -10% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 140%. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to South Africa amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Ores And Concentrates

Imports into the Netherlands

In 2021, purchases abroad of copper ores and concentrates was finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a dramatic curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 3,118%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, copper ores and concentrates imports surged to $X in 2021. Over the period under review, imports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2013 with an increase of 2,806% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and South Korea (X kg) were the main suppliers of copper ores and concentrates imports to the Netherlands, together accounting for 66% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +110.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper ores and concentrates suppliers to the Netherlands were China ($X), the United States ($X) and Peru ($X), with a combined 61% share of total imports.

In terms of the main suppliers, China, with a CAGR of +120.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper ores and concentrates import price stood at $X per ton in 2021, shrinking by -30.5% against the previous year. Overall, the import price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 683%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+53.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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