World - Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Commodity Market
The copper commodity market refers to the trading and exchange of copper as a raw material or commodity. Copper is a widely used metal in various industries, including construction, electrical, automotive, and telecommunications. It is an essential component in the production of infrastructure, electronics, and other consumer goods.
The copper commodity market operates through various platforms, including futures exchanges, spot markets, and over-the-counter trading. These platforms provide a means for buyers and sellers to trade copper contracts or physical copper at agreed-upon prices and quantities.
Futures Exchanges
One of the primary platforms for trading copper is through futures exchanges. Futures contracts are standardized agreements to buy or sell a certain quantity of copper at a predetermined price and delivery date. The two major futures exchanges that facilitate copper trading are the London Metal Exchange (LME) and the Comex division of the New York Mercantile Exchange (NYMEX).
The LME copper contract is the benchmark contract for global copper trading. It allows market participants to hedge against price volatility or speculate on copper price movements. The contract size, delivery location, and other specifications are standardized by the exchange.
The Comex copper contract is primarily focused on the U.S. market and is often used by traders and investors to gain exposure to copper price fluctuations. The contract specifications may differ from the LME contract.
Spot Markets
In addition to futures trading, copper can also be traded on the spot market. Spot transactions involve the immediate purchase or sale of copper at the current market price. The spot market provides a more flexible option for buyers and sellers who require immediate delivery of copper.
The spot price of copper is influenced by various factors, including supply and demand dynamics, global economic conditions, geopolitical events, and currency fluctuations. Traders and investors closely monitor these factors to make informed trading decisions.
Over-the-Counter Trading (OTC)
Over-the-counter trading involves the direct trading of copper contracts between two parties outside of organized exchanges. This type of trading offers greater flexibility in terms of contract customization and negotiation of terms. OTC trading is typically conducted by large financial institutions, producers, and consumers of copper.
The OTC market for copper operates alongside the futures exchanges and spot markets, providing additional options for market participants. However, OTC trading may involve higher levels of counterparty risk compared to exchange-traded contracts.
Factors Influencing the Copper Market
The copper commodity market is influenced by several key factors:
Supply and Demand
The balance between copper supply and demand plays a crucial role in determining its price. Demand for copper is driven by industrial and economic growth, infrastructure development, and technological advancements. On the supply side, copper mining production, political stability in major copper-producing countries, and operational disruptions affect the availability of copper in the market.
Macroeconomic Factors
Global economic conditions, such as GDP growth rates, interest rates, inflation, and currency exchange rates, impact the demand for copper. Economic downturns or geopolitical uncertainties can affect commodity markets, including copper.
Technological Developments
The demand for copper is closely tied to various industries, including telecommunications, electric vehicles (EVs), renewable energy, and construction. Advancements in technologies and the shift towards a greener economy can influence the demand for copper in these sectors.
Investor Speculation
Speculative trading activity by investors and hedge funds can result in short-term price movements in the copper market. These speculators may take positions based on their views of future supply and demand dynamics, global economic trends, or other factors.
In conclusion, the copper commodity market provides a platform for trading and exchanging copper as a raw material. Futures exchanges, spot markets, and over-the-counter trading are key components of the copper market infrastructure. The market is influenced by factors such as supply and demand, macroeconomic conditions, technological developments, and investor speculation.
This report provides an in-depth analysis of the global copper market. 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 24441200 - Unrefined copper, copper anodes for electrolytic refining (including blister copper) (excluding electrocopper-plating, e lectroplating anodes)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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
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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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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