Key Market Indicators
Peruvian copper imports are projected to reach $47 million by 2026, up 0.8% year-on-year from 2021's figure of $45 million. Since 1997, demand has grown at an average rate of 2.8% year-on-year. In 2021, Peru was ranked 77th, overtaken by Nicaragua. Germany, the United States, and Italy followed as the second, third and fourth biggest importers respectively. Exports of Peruvian copper are expected to remain flat at $2.2 billion over the same period. Since 1997, supply has risen at a rate of 5.3% year-on-year. Peru ranked 22nd in 2021, overtaken by Thailand. Germany, the United States, and Japan were ranked second, third, and fourth respectively.
