According to GlobalData, China is the world’s fourth-largest producer of copper in 2023, with output up by 4% on 2022. Over the five years to 2022, production from China increased by a CAGR of 3% and is expected to rise by a CAGR of 0.41% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Copper Mining to 2030 report. Buy the report here.
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China accounts for 8% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from China declined by 8.77% in 2023 over 2022, with the highest share being exported to Italy. China’s copper exports are expected to grow at a CAGR of 0.95% between 2023 and 2027.
Leading producers of copper in China are Zijin Mining Group, Jiangxi Copper and Zhaojin Mining Industry. During 2020-2021, Zijin Mining Group's output was up by 50%, Jiangxi Copper's output increased by 1%, while output from Zhaojin Mining Industry decreased by 40%.
For more detailed analysis of global copper mining, buy the report here.
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