Copper Market – Global Industry Analysis and Forecast (2024-2030)
Rapid annual production increases are expected in countries like Canada, Mexico, and Zambia, where continuous copper project construction is expected to drive the growth of the market over the forecast period. Peru's copper mine output is expected to increase significantly in Central and South America, where it is the dominant regional producer of copper ore and concentrates. Chile's copper ore and concentrate production, which accounted for over 40% of world output in 2022, is likely to grow more slowly because of the country's aged mines.