Middle East & Africa Copper Scrap Market Size & Outlook

The copper scrap market in Middle East & Africa is expected to reach a projected revenue of US$ 777.7 million by 2030. A compound annual growth rate of 4.6% is expected of Middle East & Africa copper scrap market from 2024 to 2030.
Revenue, 2023 (US$M)
$568.1
Forecast, 2030 (US$M)
$777.7
CAGR, 2024 - 2030
4.6%
Report Coverage
Middle East & Africa

MEA copper scrap market highlights

  • The MEA copper scrap market generated a revenue of USD 568.1 million in 2023.
  • The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
  • In terms of segment, brass mills was the largest revenue generating application in 2023.
  • Ingot Makers is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.


MEA data book summary

Market revenue in 2023USD 568.1 million
Market revenue in 2030USD 777.7 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentBrass mills
Fastest growing segmentIngot Makers
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWire Rod Mills, Brass Mills, Ingot Makers, Foundries & Other Industries
Key market players worldwideAurubis AG, Commercial Metals Co, Glencore PLC, OmniSource Corporation, Ames Copper Group, Jain Metal Group


Other key industry trends

  • In terms of revenue, MEA region accounted for 0.9% of the global copper scrap market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 65,513.3 million by 2030.

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Copper Scrap Market Companies

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Middle East & Africa copper scrap market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to copper scrap market will help companies and investors design strategic landscapes.


Brass mills was the largest segment with a revenue share of 65.94% in 2023. Horizon Databook has segmented the Middle East & Africa copper scrap market based on wire rod mills, brass mills, ingot makers, foundries & other industries covering the revenue growth of each sub-segment from 2018 to 2030.


According to the IMF, the GDP of the Middle East and Africa is projected to be 2.7% and 3.7%, respectively, in 2023. The region accounted for a revenue share of less than 1% of the global copper scrap market in 2023.

Countries in the region are developing at a fast pace owing to rapid industrialization and urbanization. For example, the UAE government plans to increase the contribution of the manufacturing industry to its economy by diversifying its investments in other industries.

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Target buyers of Middle East & Africa copper scrap market databook

  • Our clientele includes a mix of copper scrap market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa copper scrap market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA copper scrap market size, by country, 2018-2030 (US$M)

Middle East & Africa Copper Scrap Market Outlook Share, 2023 & 2030 (US$M)

MEA copper scrap market size, by country, 2018-2030 (US$M)

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