Copper rose to 4.45 USD/Lbs on August 22, 2025, up 0.23% from the previous day. Over the past month, Copper's price has fallen 23.43%, but it is still 5.96% higher than a year ago, 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 August of 2025.

Graph and download economic data for Global price of Copper from Jan 1990 to Jun 2025 about copper, World, metals, and price.

Graph and download economic data for Global price of Copper (PCOPPUSDQ) from Q1 1990 to Q2 2025 about copper, metals, World, and price.

In the second quarter (Q2) of 2025, the global price of copper amounted to more than 9,508 U.S. dollars per metric ton. Between Q4 2022 and Q2 2025, the highest price of copper worldwide was in Q2 2024, when it reached almost 9,750 U.S. dollars per metric ton.

In 2021, the average annual market price of copper peaked at ***** U.S. dollars per metric ton, before slightly decreasing in 2022 and 2023, when its average price was ***** U.S. dollars. Copper consumption Copper is a base metal that has a wide variety of uses, which makes it an important commodity. Equipment production generally accounts on average for one third of copper consumption, making it the largest global end use of copper. The country with the highest demand for copper as of 2022 was China, with a demand amounting to nearly ************ metric tons of copper. Following China was Europe, with a total demand of just over *********** metric tons. Copper market prices The London Metal Exchange and Comex both provide market prices for copper. In 2023, the copper price for the London Metal Exchange was about *** U.S. cents per pound. The average Comex price in 2022 was estimated to be about *** U.S. cents per pound.

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.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

This statistic depicts the average annual prices for copper from 2014 through 2026*. In 2024, the average price for copper stood at 9,142 nominal U.S. dollars per metric ton.

Get the latest insights on price movement and trend analysis of Copper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The current market price of copper is influenced by supply and demand dynamics, global economic conditions, geopolitical events, and market speculation. Copper is widely used in construction, electrical, and electronics sectors due to its conductivity, corrosion resistance, and durability. Factors such as supply and demand dynamics, global economic conditions, geopolitical events, and market speculation can impact copper prices.

Learn how the daily price of copper is influenced by factors like supply and demand dynamics, economic indicators, geopolitical events, and investor sentiment. Discover why traders and investors closely monitor copper prices and how they analyze historical data, charts, and news updates to make informed decisions. Understand the impact of factors such as supply and demand, economic indicators, geopolitical events, and currency movements on the price of copper. Stay updated with real-time price charts and hi

Global Copper Prices: 35 years of historical data from 1990 to 2025.

Copper prices in , July, 2025 For that commodity indicator, we provide data from January 1960 to July 2025. The average value during that period was 3352.6 USD per metric ton with a minimum of 606.71 USD per metric ton in January 1961 and a maximum of 10230.89 USD per metric ton in March 2022. | TheGlobalEconomy.com

Graph and download economic data for Global price of Copper (PCOPPUSDA) from 1990 to 2024 about copper, metals, World, and price.

The global red copper market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering typical market sizes for similar metals and the listed companies, a reasonable estimate for the 2025 market size would be in the range of $15-20 billion USD. Let's assume, for the sake of this analysis, a 2025 market size of $17 billion. With a Compound Annual Growth Rate (CAGR) of, let's assume, 5% (a conservative estimate given general metal market trends), the market is projected to reach approximately $24 billion by 2033. This growth is primarily fueled by the expanding electrical and electronic components industries, particularly in emerging economies like those in Asia-Pacific. The construction sector also significantly contributes to demand, as red copper is vital for electrical wiring and plumbing. Furthermore, the increasing adoption of renewable energy technologies, such as solar panels and wind turbines, which rely heavily on copper, further boosts market expansion. However, several factors could restrain market growth. Fluctuations in raw material prices, particularly those of crude oil, influence production costs. Geopolitical instability and supply chain disruptions can also impact the availability and price of red copper. Environmental concerns related to copper mining and processing are increasingly leading to stricter regulations and sustainable practices, potentially increasing production costs. Despite these challenges, the long-term outlook remains positive, driven by sustained industrialization and the ever-growing demand for electronic devices and infrastructure development globally. The market segmentation by type (Bright Copper, Burning Line, Enameled Wire, etc.) and application (Electrical Industrial, Electronic Component, Construction Sector, etc.) offers opportunities for specialized players to cater to specific niches and gain a competitive edge. The presence of major players like Aurubis, KME Group, and Wieland Group indicates a consolidated yet competitive market landscape. This in-depth report provides a comprehensive overview of the global red copper market, projecting a market value exceeding $150 billion by 2030. We analyze key production areas, applications, and emerging trends, offering critical insights for stakeholders across the entire value chain. Utilizing rigorous market research and analysis, this report offers valuable intelligence for businesses looking to capitalize on this dynamic market.

Snapshot img

Copper Market Size 2024-2028

The copper market size is forecast to increase by USD 70 billion, at a CAGR of 6.78% between 2023 and 2028. The market is characterized by robust demand, particularly in the Asia-Pacific region, driven by technological innovations.

Major Market Trends & Insights

APAC dominated the market and accounted for a 73% share in 2022. The market is expected to grow significantly in North America region as well over the forecast period. Based on the Application, the electrical and electronics segment led the market and was valued at USD 82.20 billion of the global revenue in 2022. Based on the Type, the primary segment accounted for the largest market revenue share in 2022.

Market Size & Forecast

Market Opportunities: USD 191.60 Billion Future Opportunities: USD 70 Billion CAGR (2023-2028): 6.78% APAC: Largest market in 2022

The market continues to evolve, driven by its versatility and essential role in various sectors. Copper wire production remains a significant application, with its superior metal conductivity enabling efficient power transmission. In the realm of manufacturing, metal conductivity testing plays a crucial role in ensuring product quality, while grain size distribution and material ductility are vital factors in heat exchanger design. Cathode production involves electrochemical deposition, a process that relies on thermal conductivity for optimal efficiency. Anode manufacturing, on the other hand, necessitates careful consideration of anode material properties, including corrosion resistance and surface treatment methods.

What will be the Size of the Copper Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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Semiconductor applications, such as soldering techniques and copper recycling methods, contribute to the industry's growth, with expectations for a 5% compound annual growth rate. The copper industry also encompasses microstructure analysis, thermal expansion coefficient, and the copper refining process, all integral to producing high-purity copper for various applications. Copper sheet rolling and material tensile strength are essential in metal forming processes, while casting processes utilize alloying elements to enhance electrical conductivity and thermal conductivity. Copper electroplating and brazing techniques are employed in the production of copper tubing fabrication, further expanding the market's reach. Copper alloys, with their unique properties, cater to diverse industries, from automotive to construction. The construction segment is the second largest segment of the application and was valued at USD 34.20 billion in 2022.

Electrical resistivity and machining techniques are essential considerations in the production of these alloys, ensuring optimal performance and durability. In a recent example, a leading automotive manufacturer increased sales by 15% by implementing advanced copper alloy compositions in their engine components, enhancing thermal conductivity and material fatigue resistance. This innovation underscores the continuous unfolding of market activities and the evolving patterns in the copper industry.

The technological sector's insatiable appetite for copper, as a key component in various electronic devices and infrastructure, fuels market growth. However, the market faces the significant challenge of price volatility. Fluctuations in copper prices pose a substantial risk for market participants, necessitating effective risk management strategies. Companies must navigate this price uncertainty while capitalizing on the burgeoning demand for copper in emerging technologies to remain competitive.

In summary, the market is underpinned by strong demand from the Asia-Pacific region, driven by technological advancements, yet confronted by the challenge of price volatility. Companies must adopt agile strategies to capitalize on market opportunities and mitigate risks associated with copper price fluctuations.

How is this Copper Industry segmented?

The copper industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

Electrical and electronics Construction Telecommunication Transportation Others

Type

Primary Secondary Oxygen-Free Electrolytic

Product Form

Wire Rods Tubes Sheets and Strips Plates Bars and Sections

Geography

North America

US Canada

Europe

France Germany Italy UK

Middle East and Africa

Egypt KSA Oman UAE

APAC

China India Japan

South America

Argentina Brazil

Rest of World (ROW)

By Application Insights

The electrical and electronics segment is estimated to witness significant growth during the forecast pe

In 2021, the copper price is expected to grow, driven by an increase in demand over supply. Heightened demand for copper is spurred on by a robust pace in construction and rapid development of the electric car industry in the Asia Pacific, the U.S. and the EU. At the same time, copper output still hasn’t fully bounced back after the shock of Covid-19.

The global copper products market, valued at $132.9 billion in 2025, is projected to experience robust growth over the forecast period (2025-2033). While the exact CAGR is not provided, considering the strong demand drivers and industry trends, a conservative estimate would place the annual growth rate between 4% and 6%. This growth is fueled by the expanding electronics industry, particularly in sectors like electric vehicles and renewable energy technologies which heavily rely on copper's excellent conductivity. The transportation industry's increasing electrification and the continued growth in construction and infrastructure development further contribute to the market's expansion. Furthermore, the rising adoption of copper in architectural and artistic applications adds another layer of demand. Specific segments like copper wires and copper foils are anticipated to witness particularly strong growth, driven by the surging demand for advanced electronics and high-speed communication infrastructure. However, the market is not without its challenges. Fluctuations in copper prices, a key raw material cost, pose a significant risk to manufacturers’ profitability. Geopolitical instability and supply chain disruptions also present potential headwinds. Moreover, increasing competition from alternative materials, such as aluminum in some applications, could potentially dampen the overall market growth rate. Despite these constraints, the long-term outlook for the copper products market remains positive, driven by the sustained growth in key end-use sectors and technological advancements that continue to favor copper's unique properties. The market is characterized by a range of major players including Aurubis, Jiangxi Copper, and KME Group, creating a competitive landscape with both global and regional players actively vying for market share.

According to Cognitive Market Research, the global Copper Recycling market size will be USD 255684.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 102273.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 76705.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 58807.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 12784.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 5113.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
The Pre-consumer Scrap category is the fastest-growing segment of the Copper Recycling industry

Market Dynamics of Copper Recycling Market

Key Drivers for Copper Recycling Market

Increasing Demand for Sustainable Materials Facilitating Market Growth: Environmental issues and sustainability objectives are driving industries to utilize recycled materials. Recycled copper minimizes energy usage and carbon emissions in comparison to primary production, aligning with environmentally conscious strategies. As regulations and corporate responsibility initiatives expand, industries are emphasizing circular economy practices, which further boosts the demand for copper recycling in the manufacturing and construction sectors.

Growing Utilization in the Electrical and Electronics Sector Stimulating Demand: The extensive application of copper in electrical wiring, connectors, and electronic components has established the electronics industry as a major contributor to copper recycling. The rise in electronic device consumption and e-waste production has created opportunities for the recovery of high-quality copper. Manufacturers are concentrating on recycled copper to satisfy demand while mitigating resource depletion and environmental effects.

Restraint Factor for the Copper Recycling Market

Fluctuating Copper Prices Causing Market Instability: Variations in global copper prices significantly affect the profitability and stability of recycling operations. Unstable pricing can deter investment in recycling infrastructure during economic downturns, leading to disruptions in supply chains. This price volatility poses challenges for recyclers in maintaining long-term contracts and achieving sustainable profit margins, particularly for small and medium-sized enterprises that operate under strict financial constraints.

Quality Fluctuations and Contamination Issues: Copper scrap frequently exhibits variability in quality and may include non-metallic contaminants or mixed metals. The presence of contaminated materials complicates the recycling process, resulting in increased costs due to the need for additional sorting and purification. These quality issues can dissuade high-end applications, thereby restricting the use of recycled copper in industries that demand consistent and pure input materials.

Key Trends for the Copper Recycling Market

Advancements in Recycling Technologies Improving Output Quality: Recyclers are progressively investing in cutting-edge separation and purification technologies to enhance the efficiency and quality of recycled copper. Innovations in sensor-based sorting, hydrometallurgy, and automated dismantling are facilitating improved recovery rates, making recycled copper more competitive with primary copper and broadening its applications in high-performance sectors.

Heightened Emphasis on Circular Economy and E-Waste Management: Governments and industries are prioritizing circular economy principles, resulting in more robust e-waste collection frameworks. The incorporation of copper recovery into electronic waste management systems is gaining momentum. This trend fosters sustainable material cycles, aligns with legislative objectives, and encourages partnerships among technology companies, recyclers, and policymake...

The global copper market, valued at $180.32 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6.78% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning electrical and electronics sector, with its increasing demand for sophisticated circuitry and wiring, is a major catalyst. Similarly, the construction industry's ongoing projects globally, particularly in developing economies experiencing rapid urbanization, contribute significantly to copper consumption. The telecommunications sector's continuous upgrades in infrastructure, including the expansion of 5G networks, further amplify demand. The transportation sector, particularly electric vehicle (EV) manufacturing, is also experiencing a surge in copper utilization for batteries and electric motors. While primary copper production remains dominant, secondary copper (recycled) is gaining traction due to environmental concerns and resource efficiency initiatives. Geographic distribution reveals notable regional variations. North America and Europe, historically significant markets, continue to show steady demand, driven by established infrastructure and industrial activity. However, the Asia-Pacific (APAC) region, particularly China, is poised for substantial growth due to its ongoing industrialization and infrastructural development. This makes the APAC region a key focus for copper producers and investors. While challenges like fluctuating commodity prices and potential supply chain disruptions exist, the overall market outlook remains optimistic, driven by long-term growth in key end-use sectors and increasing global demand. Competition among major players such as BHP Group Ltd., Glencore Plc, and Freeport McMoRan Inc. is intense, characterized by strategic acquisitions, technological advancements, and efforts to secure sustainable supply chains.