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Wow, the biggest consumer of copper is something to behold! It’s no wonder why it’s such a sought-after commodity. From electronics to construction, copper is used in a variety of industries and applications. And with its durability and malleability, it’s easy to see why it’s so popular. But who exactly is the biggest consumer of this precious metal? Let’s take a look!
Who Is The Biggest Consumer Of Copper? [Solved]
Wow! China really is a copper-consuming powerhouse - they gobbled up over half of the world’s refined copper last year. It’s no wonder they’re the biggest consumer out there!
China: China is the world’s largest consumer of copper, accounting for nearly half of global demand.
United States: The US is the second-largest consumer of copper, with a share of around 10%.
Japan: Japan is the third-largest consumer of copper, with a share of around 8%.
India: India is the fourth-largest consumer of copper, with a share of around 6%.
Germany: Germany is the fifth-largest consumer of copper, with a share of around 4%.
South Korea: South Korea is the sixth-largest consumer of copper, with a share of around 3%.
The biggest consumer of copper is definitely industry. They just can’t get enough of it! From construction to electronics, copper is essential for a variety of products and processes. It’s no wonder that industrial demand for the metal has skyrocketed in recent years.