Australia - Copper Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Ores and Concentrates in Australia - 2023
Contents:
- Price for Copper Ores and Concentrates in Australia (FOB) - 2022
- Price for Copper Ores and Concentrates in Australia (CIF) - 2022
- Exports of Copper Ores and Concentrates in Australia
- Imports of Copper Ores and Concentrates in Australia
Price for Copper Ores and Concentrates in Australia (FOB) - 2022
In 2022, the average copper ores and concentrates export price amounted to $3,167 per ton, with a decrease of -9.6% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper ores and concentrates export price increased by +69.0% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $3,505 per ton, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($6,680 per ton), while the average price for exports to China ($2,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper Ores and Concentrates in Australia (CIF) - 2022
The average copper ores and concentrates import price stood at $2,585 per ton in 2022, reducing by -22.5% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 15,267%. As a result, import price attained the peak level of $65,572 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($2,730 per ton), while the price for Peru totaled $2,261 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+16.8%).
Exports of Copper Ores and Concentrates in Australia
Copper ores and concentrates exports from Australia expanded to 1.7M tons in 2022, growing by 1.8% on 2021. Over the period under review, exports, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year.
In value terms, copper ores and concentrates exports fell to $5.3B in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of $5.8B, and then fell in the following year.
| Export of Copper Ores and Concentrates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,586 | 1,391 | 1,066 | 1,819 | 4.7% |
| Japan | 1,436 | 717 | 740 | 1,263 | -4.2% |
| South Korea | 255 | 484 | 561 | 958 | 55.5% |
| India | 360 | 263 | 473 | 808 | 30.9% |
| Philippines | 331 | 136 | 138 | 246 | -9.4% |
| Taiwan (Chinese) | 218 | 108 | 77.3 | 161 | -9.6% |
| Others | 126 | 110 | 2,723 | 63.0 | -20.6% |
| Total | 4,310 | 3,208 | 5,779 | 5,318 | 7.3% |
Top Export Markets for Copper Ores and Concentrates from Australia in 2022:
- China (881.1K tons)
- Japan (287.1K tons)
- South Korea (271.0K tons)
- India (121.0K tons)
- Philippines (62.8K tons)
- Taiwan (Chinese) (39.1K tons)
Imports of Copper Ores and Concentrates in Australia
In 2022, the amount of copper ores and concentrates imported into Australia shrank significantly to 17 tons, waning by 99.9% on the year before. In general, imports recorded a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of 65K tons, and then dropped markedly in the following year.
In value terms, copper ores and concentrates imports shrank remarkably to $44K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 425%. As a result, imports reached the peak of $218M, and then shrank significantly in the following year.
| Import of Copper Ores and Concentrates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 11.8 | 38.6 | N/A | 227.1% |
| Chile | 59.1 | 29.7 | 104 | N/A | 32.7% |
| South Africa | N/A | N/A | 27.0 | N/A | 0% |
| Others | N/A | N/A | 47.8 | N/A | 0% |
| Total | 59.1 | 41.4 | 218 | N/A | 92.1% |
Top Suppliers of Copper Ores and Concentrates to Australia in 2022:
- Chile (11.8 tons)
- Peru (5.3 tons)
This report provides an in-depth analysis of the market for copper ores and concentrates in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for copper ores and concentrates in Australia.
767
This report provides an in-depth analysis of the market for copper ores and concentrates in Australia.
726
This report provides an in-depth analysis of the global market for copper ores and concentrates.
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Global Copper Ore Market Report 2019. This report provides an in-depth analysis of the global market for copper ores and concentrates.
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This report provides an in-depth analysis of the market for copper ores and concentrates in Australia.
767
This report provides an in-depth analysis of the market for copper ores and concentrates in Australia.
726
This report provides an in-depth analysis of the global market for copper ores and concentrates.
1075
Global Copper Ore Market Report 2019. This report provides an in-depth analysis of the global market for copper ores and concentrates.
1183
In December of 2022, the price of copper ores and concentrates (FOB, Australia) was $3,157 per ton, representing a 6% increase from the month before.
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In recent years, the demand for copper ores and concentrates has been steadily increasing worldwide. These materials are vital for various industries, including construction, electrical, and electronic sectors. The IndexBox market intelligence platform provides valuable insights into the top import markets for copper ores and concentrates. Here, we will explore the world's best import markets based on their import value. China, Japan, South Korea, India, Germany, Spain, Bulgaria, Taiwan, Philippines, and Finland are the top import markets for copper ores and concentrates in 2022. These countries heavily rely on copper to fuel their industrial growth and support sectors such as construction, electronics, and manufacturing. To access reliable and up-to-date market information, businesses can leverage the IndexBox market intelligence platform.
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