Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on December of 2025.

The Australian copper market fell modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption showed a noticeable setback. Copper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Australia Commodity Price Index: Weights: Base Metals: Copper data was reported at 2.800 % in Feb 2013. This stayed constant from the previous number of 2.800 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Copper data is updated monthly, averaging 2.800 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 2.800 % in Feb 2013 and a record low of 1.800 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Copper data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Copper Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

In June 2025, the average monthly price for copper stood at over ***** U.S. dollars per metric ton. This is down from a monthly high exceeding ****** U.S. dollars in March 2024, which was among the highest monthly values observed in the past decade.

View monthly updates and historical trends for Copper Price. Source: World Bank. Track economic data with YCharts analytics.

In February 2023, the refined copper price stood at $8,572 per ton (FOB, Australia), rising by 6.2% against the previous month.

Refined Copper Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data was reported at 249.000 1998-1999=100 in Jun 2012. This records an increase from the previous number of 243.500 1998-1999=100 for Mar 2012. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data is updated quarterly, averaging 123.850 1998-1999=100 from Sep 1985 (Median) to Jun 2012, with 108 observations. The data reached an all-time high of 279.800 1998-1999=100 in Sep 2011 and a record low of 62.300 1998-1999=100 in Dec 1985. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I028: Producer Price Index: 1989-90=100: ANZSIC 2006: Input to the Manufacturing Industry.

Australia BHP: Average Realized Price: Copper data was reported at 3.120 USD/lb in Jun 2018. This records a decrease from the previous number of 3.200 USD/lb for Dec 2017. Australia BHP: Average Realized Price: Copper data is updated semiannually, averaging 2.980 USD/lb from Jun 2013 (Median) to Jun 2018, with 11 observations. The data reached an all-time high of 3.400 USD/lb in Jun 2013 and a record low of 2.120 USD/lb in Dec 2015. Australia BHP: Average Realized Price: Copper data remains active status in CEIC and is reported by BHP Billiton Group. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Asia Excluding China – Table WB.AT003: BHP Billiton Group (BHP): Operational Data.

In March 2025, the average copper matte import price amounted to $6,338 per ton, rising by 17% against the previous month.

Discover the projected growth of the copper wire market in Australia over the next decade, driven by increasing demand. Market performance is expected to expand with a CAGR of +1.4% in volume and +1.5% in value terms, reaching 224K tons and $1.3B respectively by the end of 2035.

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Copper Products Market Size 2025-2029

The copper products market size is forecast to increase by USD 86.4 billion, at a CAGR of 6.7% between 2024 and 2029.

The market is experiencing significant growth, driven by key trends such as the increasing emphasis on copper product recycling and advancements in copper alloys. These factors contribute to the market's expansion, despite fluctuations in copper prices. The use of copper alloys in various industries, including construction, automotive, and electrical, continues to increase due to their superior properties, such as conductivity, durability, and resistance to corrosion. Renewable energy technologies, including wind turbines and solar panels, also heavily rely on copper. Moreover, the recycling of copper products is gaining traction as a sustainable solution to reduce the environmental impact of mining and production. These trends are expected to shape the future of the market, offering opportunities for growth and innovation.

What will be the Size of the Copper Products Market During the Forecast Period?

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The market encompasses a diverse range of applications, including wires and cables for electrification in various sectors, electrical components such as dynamos, transformers, motors, electromagnets, switches, and communication cables. Copper's unique properties as an electricity and heat conductor make it an essential component in residential electrical circuits, as well as In the manufacturing of electronic devices and machinery. The market's growth is driven by increasing demand for electrification and the proliferation of electronic devices.
The circular economy and sustainability efforts have also influenced the copper industry, with recycling and the use of copper alloys like cupronickel and sterling silver gaining importance. Investors and policymakers recognize copper's role as a critical resource for the transition to a low-carbon economy, further fueling market expansion. Overall, the market is expected to continue growing, underpinned by its versatility and indispensable role in numerous industries.

How is this Copper Products Industry segmented and which is the largest segment?

The copper products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Copper wire
  Copper pipes and tubes
  Copper foil
  Copper sheet
  Others


Application

  Building and construction
  Electrical and electronic products
  Industrial machinery
  Transportation
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Product Insights

The copper wire segment is estimated to witness significant growth during the forecast period.

Copper wire plays a vital role in various sectors, including residential, commercial, and industrial applications. In residential buildings, it ensures the safe and efficient distribution of power for lighting systems and electrical wiring. In commercial settings, copper wire provides electrical connectivity for lighting fixtures, power outlets, HVAC systems, security systems, and communication networks. Industrial applications include powering machinery, motors, and control systems in manufacturing plants, factories, warehouses, and industrial facilities. Copper's advantages include flexibility and ease of installation. It is also a superior conductor of electricity and heat, making it essential in power generation, transmission, and renewable energy sectors, such as wind turbines and solar panels.

Copper's recyclability aligns with sustainability efforts and circular economy initiatives. Copper's applications extend to electrical devices, wires and cables, dynamos, transformers, motors, electromagnets, switches, communication cables, and housing demand projects like hotels and electric vehicles. Copper's thermal and electrical conductivity is crucial for power plants, generators, transmission lines, and infrastructure investment in transportation equipment and household appliances.

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The copper wire segment was valued at USD 129.70 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 69% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific (APAC) is characterized by

In 2024, the Australian copper chain market increased by 0.6% to $25M, rising for the second consecutive year after two years of decline. In general, consumption showed a notable expansion. As a result, consumption attained the peak level of $35M. From 2021 to 2024, the growth of the market remained at a lower figure.

China CMOC: C1 Cash Cost: Copper: Australia data was reported at 1.190 USD/lb in Mar 2018. This records an increase from the previous number of 0.920 USD/lb for Dec 2017. China CMOC: C1 Cash Cost: Copper: Australia data is updated quarterly, averaging 0.690 USD/lb from Mar 2014 (Median) to Mar 2018, with 17 observations. The data reached an all-time high of 1.190 USD/lb in Mar 2018 and a record low of 0.530 USD/lb in Jun 2014. China CMOC: C1 Cash Cost: Copper: Australia data remains active status in CEIC and is reported by China Molybdenum Company Limited. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: China – Table WB.CT003: China Molybdenum Company Limited (CMOC): Operational Data.

Australia PPI: Articles: Mfg Industries: Basic Metal Products: Basic Non Ferrous Metal: Copper, Silver, Lead Smelt data was reported at 187.500 1989-1990=100 in Sep 2009. This records an increase from the previous number of 168.000 1989-1990=100 for Jun 2009. Australia PPI: Articles: Mfg Industries: Basic Metal Products: Basic Non Ferrous Metal: Copper, Silver, Lead Smelt data is updated quarterly, averaging 97.500 1989-1990=100 from Mar 1983 (Median) to Sep 2009, with 107 observations. The data reached an all-time high of 323.100 1989-1990=100 in Dec 2006 and a record low of 57.600 1989-1990=100 in Mar 1983. Australia PPI: Articles: Mfg Industries: Basic Metal Products: Basic Non Ferrous Metal: Copper, Silver, Lead Smelt data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I022: Producer Price Index: 1989-90=100: ANZSIC 1993: Output of the Manufacturing Industry.

Exports - Copper Ores & Concentrates, Copper Mattes & Cement Copper in Australia increased to 396 AUD Million in February from 297 AUD Million in January of 2024. This dataset includes a chart with historical data for Australia Exp - Copper Ores & Concentrates, Copper Mattes &.

Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data was reported at 223.300 1989-1990=100 in Jun 2012. This records a decrease from the previous number of 224.100 1989-1990=100 for Mar 2012. Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data is updated quarterly, averaging 99.400 1989-1990=100 from Mar 1983 (Median) to Jun 2012, with 118 observations. The data reached an all-time high of 323.100 1989-1990=100 in Dec 2006 and a record low of 57.600 1989-1990=100 in Mar 1983. Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I021: Producer Price Index: 1989-90=100: ANZSIC 2006: Output of the Manufacturing Industry.

Australia PPI: Output: Mfg: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data was reported at 160.200 2011-2012=100 in Mar 2025. This records an increase from the previous number of 159.000 2011-2012=100 for Dec 2024. Australia PPI: Output: Mfg: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data is updated quarterly, averaging 52.900 2011-2012=100 from Mar 1983 (Median) to Mar 2025, with 169 observations. The data reached an all-time high of 168.200 2011-2012=100 in Jun 2022 and a record low of 24.900 2011-2012=100 in Mar 1983. Australia PPI: Output: Mfg: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I019: Producer Price Index: 2011-12=100: ANZSIC 2006: Output of the Manufacturing Industry.

In 2024, the copper market in Australia and Oceania was finally on the rise to reach $4.4B for the first time since 2021, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a mild downturn. The level of consumption peaked at $5.5B in 2012; however, from 2013 to 2024, consumption remained at a lower figure.