The Peru copper market size is expected to grow at a CAGR of 5.20% between 2025 and 2034.

Peru's copper production declined by 4.6% in November amidst reduced output from the Antamina mine, impacting the country's overall mining sector performance for 2023.

Copper Price in Peru - 2021. Find the latest marketing data on the IndexBox platform.

The Peruvian copper market shrank slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +1.0% against 2020 indices. Copper consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

In 2024, Peru produced *** million metric tons of copper. The ten leading countries in world copper production as of 2024 were Chile, Peru, the Democratic Republic of the Congo, China, the United States, Russia, Indonesia, Australia, Kazakhstan, and Mexico. Major countries in world copper production Chile, the world's leading copper producer by far, produced an estimated *** million metric tons of copper in 2024. In second place was Democratic Republic of Congo, with an estimated copper mine production of *** million metric tons that same year. The world's fourth-largest copper producer from mines is China. In 2024, China produced an estimated *** million metric tons of copper from mines, about a third of Chile's production. The leading copper mines in the world The largest copper mines in the world are located primarily in the largest copper producing nations in the world. As Chile is the world's largest producer of copper, it is not surprising that three of the world's ten largest copper mines based on capacity are located there. At the top of the list is the Escondida mine, located in the Atacama Desert in Chile's Antofagasta Region. It had a capacity of some **** million metric tons of copper in 2024, which is nearly twice the capacity of the world's second-largest copper mine, located in Indonesia.

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).

Russia Imports from Peru of Copper and articles was US$325.9 Thousand during 2021, according to the United Nations COMTRADE database on international trade. Russia Imports from Peru of Copper and articles - data, historical chart and statistics - was last updated on July of 2025.

Copper Concentrate Market Outlook

According to our latest research, the global copper concentrate market size reached USD 93.7 billion in 2024, with robust demand from key end-use industries driving significant growth. The market is expected to expand at a CAGR of 4.3% from 2025 to 2033, culminating in a projected value of USD 137.3 billion by 2033. The primary growth factors underpinning this market include the accelerating pace of industrialization, urbanization, and the ongoing transition to renewable energy infrastructure, which collectively fuel the demand for copper and its derivatives.

One of the foremost growth drivers for the copper concentrate market is the surge in global infrastructure development. As emerging economies invest heavily in urban infrastructure, including transportation networks, power grids, and residential and commercial buildings, the demand for copper concentrate continues to soar. Copper’s unique properties, such as high electrical conductivity and corrosion resistance, make it indispensable in wiring, plumbing, and structural applications. This robust demand from the construction sector is further amplified by governmental initiatives aimed at modernizing infrastructure, especially in regions like Asia Pacific and Latin America, where rapid urbanization is a key economic trend.

Another critical growth factor is the expansion of the electrical and electronics industry. With the proliferation of consumer electronics, electric vehicles (EVs), and renewable energy systems, copper concentrate has become a vital raw material. The shift towards green technologies, especially solar panels and wind turbines, requires substantial amounts of copper, both in power generation and grid connectivity. Additionally, the global push for electrification of transportation and the adoption of smart technologies in homes and industries have significantly increased the consumption of copper, thereby boosting the copper concentrate market.

The mining sector’s technological advancements and improved extraction techniques have also contributed to market growth. Enhanced ore processing methods and the adoption of automation in mining operations have enabled producers to extract higher yields from lower-grade ores, ensuring a steady supply of copper concentrate. Furthermore, the integration of digital technologies and sustainable mining practices has improved operational efficiencies and reduced environmental impact, aligning with stringent regulatory standards and increasing investor confidence in the sector.

Regionally, Asia Pacific dominates the copper concentrate market, accounting for the largest share due to its vast manufacturing base and ongoing infrastructure projects. China, in particular, is a major consumer and importer of copper concentrate, driven by its construction, electronics, and renewable energy sectors. North America and Europe follow, benefiting from advanced industrial sectors and increasing investments in clean energy. Latin America, led by countries such as Chile and Peru, remains a crucial supplier, owing to its rich copper reserves and established mining industry. The Middle East & Africa region is also emerging as a significant player, supported by investments in mining and infrastructure.

Type Analysis

The copper concentrate market is segmented by type into Standard Copper Concentrate, Clean Copper Concentrate, and Complex Copper Concentrate. Standard copper concentrate remains the most widely traded variant, primarily due to its balanced composition and suitability for a broad range of smelting and refining processes. This segment is characterized by its moderate impurity levels and consistent quality, making it the preferred choice for major smelters globally. The demand for standard copper concentrate is expected to remain steady as it continues to serve as the backbone for copper production in both established and emerging markets.

Clean copper concentrate, with

Victor Gobitz steps into the Canadian mining sector by leading Quilla Resources as they aim to restart and capitalize on Peru's Chapi copper mine.

In 2017, the amount of copper springs imported into Peru stood at X tons, ascending by X% against the previous year. Overall, the total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the copper springs imports increased by +X% against 2014 indices.

This report covers Future Cranes Peru Market, Peru Forklift Market Growth, Fork Lift Trucks Market Peru, Competition Caterpillar Peru, Heavy Machinery Export Peru, Heavy Equipment Market Peru, Mining Industry Equipment Peru, Peru Construction Machinery Market, Peru Construction Equipment Market, Rental Market Construction Equipment, Spreading Machinery Industry Growth Peru, Trends Development Peru Excavator Market, Peru Construction Equipment Manufacturing, Market Size Spare Parts Construction Equipment Peru, Hangcha Sales Forklift Peru, Unimaq Peru Sales Bulldozer, Ipesa Bulldozer Sales In Peru, Hyundai Forklift Sales In Peru, Ferreyros Bulldozer Sales Peru, Export Construction Machinery Peru, Earth Moving Equipment Market Peru, Import Value Construction Machinery Peru, Market Share Players Heavy Machinery Peru, Competition In Construction Machinery Peru, Komatsu Mitsui Construction Machinery Peru, Maintenance Of Construction Machinery Peru, Construction Machinery Components Sale Peru, Southern Peru Copper Corporation Peru Revenue, Lifting Material Handling Equipment Industry Peru.

The Peruvian copper foil market reduced to $14M in 2024, shrinking by -9.3% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Copper foil consumption peaked at $15M in 2023, and then declined in the following year.

In 2023, Peru's most exported products were ores, slag, and ash, with the export value amounting to nearly ** billion U.S. dollars. Pearls, precious or semi-precious stones ranked second, with an export value of **** billion U.S. dollars. In that same year, the exports of coffee, tea, maté, and spices amounted to **** billion U.S. dollars. Peru’s export partners China was Peru’s largest trading partner in 2023, leading with an exports value of over ** billion U.S. dollars. The United States trailed behind in second place with an exports value of around **** billion U.S. dollars. In that same year, Peru exported a total of more than ** billion U.S. dollars’ worth of goods worldwide. Peru’s mining industry The resource-rich South American country has a thriving mining industry, which sees the production of raw materials critical to its burgeoning exports trade. In 2023, Peruvian mining exports amounted to nearly ** billion U.S. dollars, which represented over ** percent of Peru’s total exports. In 2023, Peru was the second largest producer of copper worldwide. The contry is home to four of the world’s top twenty largest copper mines.

Credit report of Ca Ariaco Copper Peru S A contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.

The Peruvian copper matte market declined to $33M in 2024, approximately equating the previous year. Over the period under review, consumption, however, recorded a temperate increase. Over the period under review, the market reached the peak level at $34M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

In 2024, the Peruvian copper powder market was finally on the rise to reach $315K after two years of decline. Overall, consumption, however, showed a abrupt shrinkage. Copper powder consumption peaked at $2M in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

In 2024, after four years of growth, there was significant decline in the Peruvian copper sanitary ware market, when its value decreased by -6.1% to $1.1M. In general, consumption, however, continues to indicate a strong increase. Copper sanitary ware consumption peaked at $1.2M in 2023, and then fell in the following year.

The revenue of the copper ore market in Peru amounted to $X in 2017, shrinking by -X% against the previous year. In general, copper ore consumption continues to indicate a precipitous contraction. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Peru copper ore consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.Copper ore production in Peru totaled X tons in 2017, approximately reflecting the previous year.

For the third year in a row, the Peruvian market for copper bars, rods and profiles recorded decline in sales value, which decreased by -0.3% to $333M in 2024. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $369M. From 2022 to 2024, the growth of the market failed to regain momentum.

In 2024, the Peruvian copper pipe and fitting market decreased by -0.8% to $24M for the first time since 2020, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded a tangible expansion. Over the period under review, the market hit record highs at $24M in 2023, and then declined slightly in the following year.