Copper Production in the UK - Industry Market Research Report

Renewing demand: Copper's role in cabling wanes, but its necessity in renewable energy generators ensures sales

The Copper Production industry's revenue is expected to contract at a compound annual rate of 0.9% over the five years through 2023-24. The price of copper has been highly volatile - Chilean miner strikes threatened global copper supplies in 2017, 2019 and 2022 at the largest copper mines in the world, Escondido and Codelco. Higher copper prices have inflated copper manufacturers revenue and purchasing costs, although producers reliant on scrap benefit from price rises. Significant trade and supply chain disruptions during the COVID-19 outbreak have also driven up the price of copper.

Companies in this industry produce copper and copper alloys, such as bronze and brass. The main products in the industry are wires and cables, but companies also produce tubes, rods and pipes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.