According to GlobalData, China is the world’s third-largest producer of copper, with output of 1,899kt in 2022, up by 9% on 2021. Over the five years to 2021, production from China increased by a CAGR of 1% and is expected to rise by a CAGR of 0.02% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Copper Mining to 2026 report. Buy the report here.
China accounts for 9% of global production, with the other largest producers being Chile (25%), Peru (11%), the Democratic Republic of the Congo (9%) and the US (6%). Exports of copper from China increased by 47% to 0.69kt in 2022 over 2021, with the highest share being exported to Italy. China’s copper exports are expected to drop at a CAGR of 2.64% between 2022 and 2026, to 0.62kt by 2026.
Leading producers of copper in China are Zijin Mining Group and Zhaojin Mining Industry. Zijin Mining Group's output was 356.97kt in 2021, up by 29% on 2020. Zhaojin Mining Industry produced 7.22kt, an increase of 20% on the previous year.
For more detailed analysis of global copper mining, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
