The production volume of copper concentrate in India was about 114,421 metric tons in the financial year 2021-22.
Indian copper production and demand
Over the past five years, India's copper concentrates production has declined from a high of 143,670 metric tons in financial year 2019, to a low of 108,720 metric tons in financial year 2021. The value of India's production of copper concentrates amounted to an estimated 10.95 billion rupees in financial year 2022. Copper ore production in India has similarly decreased, from a high of 4.13 million metric tons in financial year 2019, to a low of 3.27 million metric tons in financial year 2021. Meanwhile, the copper demand in India amounted to some 918,520 metric tons in 2021, up from 805,170 metric tons the year prior.
Copper imports to India
Despite the increased demand and growth of the sector in the country, domestic companies are having a tough time in keeping up with the cheap imports of refined copper from Japan and other countries. The free trade agreements can lead to the south Asian country’s own sector to become redundant if the import of duty-free copper continues. However, the industry has seen hope in the government’s ‘Make in India’ initiative and its attempt in balancing the scales. As of 2021, India was the world's sixth-largest copper ore importing country, with the total value of copper ore imports amounting to 2.52 billion U.S. dollars.
Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023
(in 1,000 metric tons)
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Production volume in thousand metric tons
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Ministry of Mines (India) . (March 3, 2023). Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023 (in 1,000 metric tons) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/667407/india-copper-production-volume/
Ministry of Mines (India) . "Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023 (in 1,000 metric tons)." Chart. March 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/667407/india-copper-production-volume/
Ministry of Mines (India) . (2023). Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023 (in 1,000 metric tons). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/667407/india-copper-production-volume/
Ministry of Mines (India) . "Production Volume of Copper Concentrate in India from Financial Year 2012 to 2021, with Estimates until 2023 (in 1,000 Metric Tons)." Statista, Statista Inc., 3 Mar 2023, https://www.statista.com/statistics/667407/india-copper-production-volume/
Ministry of Mines (India) , Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023 (in 1,000 metric tons) Statista, https://www.statista.com/statistics/667407/india-copper-production-volume/ (last visited July 22, 2024)
Production volume of copper concentrate in India from financial year 2012 to 2021, with estimates until 2023 (in 1,000 metric tons) [Graph], Ministry of Mines (India) , March 3, 2023. [Online]. Available: https://www.statista.com/statistics/667407/india-copper-production-volume/