According to GlobalData, Zambia is the world’s eighth-largest producer of copper in 2022, with output down by 0.56% on 2021. Over the five years to 2021, production from Zambia increased by a CAGR of 0.04% and is expected to rise by a CAGR of 0.29% 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.
Zambia accounts for 4% of global production, with the largest producers being Chile, Peru, China and the Democratic Republic of the Congo. Exports of copper from Zambia increased by 0.17% in 2022 over 2021, with the highest share being exported to China. Zambia’s copper exports are expected to drop at a CAGR of 0.1% between 2022 and 2026.
Leading producers of copper in Zambia are First Quantum Minerals, Barrick Gold and Glencore. During 2020-2021, First Quantum Minerals's output was up by 7%, Barrick Gold's output decreased by 9%, while output from Glencore decreased by 5%.
For more detailed analysis of global copper mining, buy the report here.