According to GlobalData, Spain is the world’s fifteenth-largest producer of copper in 2022, with output down by 17.64% on 2021. Over the five years to 2021, production from Spain decreased by a CAGR of 6.52% and is expected to rise by a CAGR of 2% 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.
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Spain accounts for 0.55% of global production, with the largest producers being Chile, Peru, China and the Democratic Republic of the Congo. Exports of copper from Spain declined by 17.21% in 2022 over 2021, with the highest share being exported to China. Spain’s copper exports are expected to grow at a CAGR of 2% between 2022 and 2026.
First Quantum Minerals is one of the leading producers of copper in Spain. In 2021, the company’s output was up by 5% over 2020.
For more detailed analysis of global copper mining, buy the report here.
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