Key Market Indicators
Australia's copper imports are projected to reach $884 million by 2026, up from $873 million in 2021. This shows an increase of 0.2% year on year. Since 1993, demand for copper in Australia has grown by 1.1% every year. In 2021, Australia ranked 30th in the world for copper imports, with the Philippines taking the lead with $873 million. Germany, the United States and Italy respectively ranked second, third and fourth. Australia's copper exports are projected to reach $2.85 billion by 2026, up from $2.8 billion in 2021. This growth is expected to be 0.3% year on year. Since 1993, Australia's supply of copper has increased by 2.4% each year. In 2021, Australia was 18th in the world for copper exports, with France taking the lead with $2.8 billion. Germany, the United States and Japan respectively ranked second, third and fourth.
