Industry Analysis & Industry Trends
Despite industry revenue bouncing back strongly following after the recession, persisting debit issues in developed economies and decelerating growth in emerging markets have caused copper prices to deteriorate, limiting revenue growth. In the five years to 2019, the price of copper is expected to continue fluctuating. However, operators will be better equipped to handle the volatility. Operations will also be larger and more globalized, contributing to industry growth... purchase to read more
Industry Report - Industry Analysis Chapter
Copper is inextricably linked to worldwide construction activity. Its price, although generally following demand and supply trends, is also an indicator of expectations for economic growth, since the commodity is traded in global financial markets. Beyond construction, copper is also heavily connected to the automobile, electronics, electrical equipment and appliances manufacturing industries.
Although the world price of copper is expected to grow at an average annual rate of 6.0% over the five years to 2014, the global economic crisis severely hurt demand for the metal when it crippled downstream markets. After dropping by double-digits during the recession, the price of copper rebounded sharply in 2010, rising 45.9% due to reviving manufacturing activity worldwide... purchase to read more