Product intelligence · HS 740100 · 2024 data

Copper mattes: cement copper (precipitated copper)

Global exports of copper mattes: cement copper (precipitated copper) totalled $1,175,884,652 in 2024, a -12.6% change from the previous year. Traded by 88 countries across 644 bilateral corridors, with demand from 112 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$1.2B

-12.6% YoY

3Y / 5Y CAGR

-9.1%

5Y: +4.7%

Supply structure

Diversified

HHI 0.123

Volatility

Low

Score 14/100

1.

Market movement

In 2024, copper mattes: cement copper (precipitated copper) trade exhibited significant decline, with global flows reaching $1,175,884,652 and a three-year compound annual growth rate of -9.1% (five-year: +4.7%). The all-time peak of $1,631,758,830 was recorded in 2022; the current level is 28% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-16.9% acceleration).

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.123). The three largest exporters — Finland ($285.6M), Germany ($255.9M), and Canada ($254.0M) — collectively dominate supply flows. The leading exporter has grown at -26.1% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.157). The three largest import markets are Belgium ($283.2M), China ($217.1M), and Russia ($211.8M). The largest importing market sources from 18 different supplying countries.

The dominant trade corridor is Germany → Belgium at $247.5M, representing 87.4% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for copper mattes: cement copper (precipitated copper) is 14 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $1,631,758,830 in 2022. Currently 28% below peak.

YearGlobal trade (USD)YoY growth
2015$458,182,182-17.8%
2016$489,042,123+6.7%
2017$762,636,771+55.9%
2018$1,017,381,047+33.4%
2019$932,654,295-8.3%
2020$1,121,460,647+20.2%
2021$1,567,636,336+39.8%
2022$1,631,758,830+4.1%
2023$1,346,159,287-17.5%
2024$1,175,884,652-12.6%

Top exporting countries

Ranked by export value of copper mattes: cement copper (precipitated copper) in 2024.

View all 88 exporters →

Top importing markets

Largest import destinations for copper mattes: cement copper (precipitated copper).

View all 112 markets →

Leading trade corridors

Largest bilateral export flows for copper mattes: cement copper (precipitated copper), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanyBelgium$247.5M+82.9%
2FinlandRussia$211.8M-22.5%
3ChileRussia$125.6M+72.2%
4CanadaNorway$101.1M-8.4%
5CambodiaChina$71.4M+14.7%
6PhilippinesAustralia$61.1M
7FinlandGermany$49.7M+240.4%
8MexicoSouth Korea$48.7M-12.8%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.