China leads the global import of copper ores and concentrates, holding a substantial market share, followed by Japan and South Korea. Notably, China experienced a positive growth of 3.68%, indicating a rising demand. Conversely, Japan saw a decline of 2.31%, reflecting potential economic slowdown or market saturation. South Korea and countries like the Philippines and Canada show modest growth, indicating increasing industrial or technological activities. Conversely, the UK and Ireland show declines, suggesting shifting industrial dynamics or resource reallocations.
Future trends to watch include China’s continued dominance, diversification in import sources, and the impact of green technologies driving demand shifts. Additionally, fluctuations in global trade policies and geopolitical relations may affect import dynamics significantly.
Top countries in Import of Copper Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39,213,000,000 | 2023 | +4.23% | +3.68% | View data |
| 2 | 2 Japan | 8,739,500,000 | 2023 | +0.36% | -2.31% | View data |
| 3 | 3 South Korea | 4,226,700,000 | 2023 | +1.62% | +0.84% | View data |
| 4 | 4 Spain | 4,008,800,000 | 2023 | +2.96% | +2.34% | View data |
| 5 | 5 India | 2,588,600,000 | 2023 | -2.56% | -0.33% | View data |
| 6 | 6 Germany | 2,404,600,000 | 2023 | +1.23% | +0.84% | View data |
| 7 | 7 Bulgaria | 2,081,500,000 | 2023 | +3.02% | +2.37% | View data |
| 8 | 8 Zambia | 1,200,300,000 | 2023 | +3.44% | +2.29% | View data |
| 9 | 9 Philippines | 1,016,600,000 | 2023 | +2.48% | +8.23% | View data |
| 10 | 10 Brazil | 739,340,000 | 2023 | -0.29% | +0.74% | View data |
