Key Market Indicators
New Zealand copper imports are forecast to drop by 0.8% each year to reach $113 million by 2026. Since 1994, demand for copper in New Zealand has grown by 2% annually. In 2021, the country was placed 63rd in the global rankings, with Luxembourg overtaking it at $119 million. Germany, the United States and Italy were the top three. New Zealand copper exports are expected to decrease by 0.6% per year to reach $71 million by 2026. Supply has increased 4.2% annually since 1994. In 2021, New Zealand was 63rd in the rankings, beaten by Tanzania at $74 million. Germany, the United States and Japan took the top three spots.
