Copper is used in a wide range of applications and, therefore, demand is tracked across a detailed definition and matrix of the market. The International Copper Association’s data tracks actual material use in a range of geographies, markets and products.
The data shows the rate of growth in demand in the Asia region and the growing dominance of wire and cable across the globe. Detailed data also tracks the changing specification of copper across its markets, in particular, the shift of specification toward Asia. ICA’s studies and surveys are based on extensive data sets that inform demand forecasts.