Copper Demand to Rise 24% to 43 MTPA, Tightening Supply: Report

Industrialization in India and Southeast Asia could add 3.3 MTPA of demand by 2035

October 21, 2025

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The total demand for copper is forecasted to rise 24% to 42.7 million tons per annum (MTPA) under the base case, largely driven by global economic development and electrification, according to a Wood Mackenzie report.

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Copper Demand to Rise 24% to 43 MTPA, Tightening Supply: Report

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