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 (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-16.9% acceleration).
