Report Update Nov 1, 2024

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

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Sri Lanka: Market for Copper Ores And Concentrates 2024

Market Size for Copper Ores And Concentrates in Sri Lanka

In 2021, after eight years of decline, there was growth in the Sri Lankan copper ores and concentrates market, when its value increased by 3.3% to $X. Over the period under review, consumption, however, saw a noticeable downturn. Copper ores and concentrates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Copper Ores And Concentrates in Sri Lanka

In value terms, copper ores and concentrates production amounted to $X in 2021 estimated in export price. Overall, production recorded a pronounced shrinkage. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Copper Ores And Concentrates

Exports from Sri Lanka

In 2020, after two years of decline, there was decline in overseas shipments of copper ores and concentrates, when their volume decreased by 0% to X tons. Over the period under review, exports continue to indicate a deep slump. The smallest decline of 99.9% was in 2018. The exports peaked at X tons in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, copper ores and concentrates exports amounted to $X in 2020. In general, exports faced a abrupt setback. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for copper ores and concentrates exports from Sri Lanka, with a approx. 100% share of total exports.

From 2015 to 2020, the average annual rate of growth in terms of volume to China was relatively modest.

From 2015 to 2020, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average copper ores and concentrates export price stood at $X per ton in 2020, remaining constant against the previous year. In general, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.

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

From 2015 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Copper Ores And Concentrates

Imports into Sri Lanka

In 2021, overseas purchases of copper ores and concentrates increased by 70% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 1,143% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, copper ores and concentrates imports reached $X in 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 374% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, India (X tons) was the main copper ores and concentrates supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India totaled +31.1%.

In value terms, India ($X) constituted the largest supplier of copper ores and concentrates to Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +22.6%.

Import Prices by Country

In 2021, the average copper ores and concentrates import price amounted to $X per ton, shrinking by -40.7% against the previous year. In general, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 408%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -6.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Kazakhstan remains the largest copper ores and concentrates consuming country worldwide, 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. The third position in this ranking was occupied by Chile, with a 5% share.

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

Kazakhstan constituted the country with the largest volume of copper ores and concentrates production, comprising approx. 61% of total volume. Moreover, copper ores and concentrates production in Kazakhstan exceeded the figures recorded by the second-largest producer, Chile, eightfold. The third position in this ranking was occupied by Peru, with a 7.4% share.

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

In value terms, India constituted the largest supplier of copper ores and concentrates to Sri Lanka.

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

In 2020, the average copper ores and concentrates export price amounted to $1,302 per ton, approximately equating the previous year.

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

The average copper ores and concentrates import price stood at $1,978 per ton in 2021, with an increase of 7.4% against the previous year.

This report provides an in-depth analysis of the market for copper ores and concentrates in Sri Lanka. 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:

Sri Lanka

Data coverage:

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

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