According to GlobalData, Spain is the world’s fifteenth-largest producer of copper in 2023, with output down by 1.26% on 2022. Over the five years to 2022, production from Spain decreased by a CAGR of 7.3% and is expected to rise by a CAGR of 0.56% 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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Spain accounts for 0.6% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Spain declined by 1.15% in 2023 over 2022, with the highest share being exported to China. Spain’s copper exports are expected to grow at a CAGR of 0.51% between 2023 and 2027.
First Quantum Minerals is one of the leading producers of copper in Spain. In 2021, the company’s output was down by 5% over 2020.
For more detailed analysis of global copper mining, buy the report here.
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