Northern America: Copper Ore Market 2020

Copper Ore Market Size in Northern America

The revenue of the copper ore market in Northern America amounted to $X in 2017, coming up by X% against the previous year. The copper ore consumption continues to indicate a measured curtailment. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. The level of copper ore consumption peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Copper Ore Production in Northern America

In 2017, production of copper ores and concentrates in Northern America stood at X tons, flattening at the previous year. The copper ore production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Over the period under review, the copper ore production attained its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Copper Ore Exports

Exports in Northern America

In 2017, copper ore exports in Northern America amounted to X tons, shrinking by -X% against the previous year. The copper ore exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the copper ore exports attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, copper ore exports amounted to $X in 2017. The copper ore exports continue to indicate a remarkable growth. Over the period under review, the copper ore exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

Canada was the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by the U.S. (X tons), achieving X% share of total exports.

Canada was also the fastest growing in terms of the copper ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, the U.S. (+X%) displayed positive paces of growth. The U.S. (-X%) and Canada (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2017.

Canada (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countriesover the last decade.

Export Prices by Country

The copper ore export price in Northern America stood at $X per ton in 2017, coming up by X% against the previous year. The copper ore export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per ton), while Canada ($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 Canada (-X% per year).

Copper Ore Imports

Imports in Northern America

In 2017, imports of copper ores and concentrates in Northern America stood at X tons, coming up by X% against the previous year. The copper ore imports continue to indicate a significant drop. The most prominent rate of growth was recorded in 2016, when imports increased by X% against the previous year. Over the period under review, the copper ore imports reached its peak figure volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, copper ore imports totaled $X in 2017. The copper ore imports continue to indicate a slight deduction. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Imports by Country

The countries with the highest levels of copper ore imports in 2017 were the U.S. (X tons) and Canada (X tons), together amounting to X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the U.S. (+X% per year).

In value terms, Canada ($X) constitutes the largest market for imported copper ores and concentrates in Northern America, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports.

In Canada, copper ore imports contracted by an average annual rate of -X% over the period from 2007-2017.

Import Prices by Country

The copper ore import price in Northern America stood at $X per ton in 2017, declining by -X% against the previous year. The import price indicated a mild increase from 2007 to 2017: its price 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 import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2010, an increase of X% y-o-y. The level of import price peaked of $X per kg 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 Canada ($X per kg), while the U.S. ($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 Canada (+X% per year).

Source: IndexBox Platform

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