Heating up: An appreciating dollar will constrain export growth, threatening revenue

Over the five years to 2018, Copper, Zinc and Lead Refining industry revenue is forecast to rise, driven primarily by rising nonferrous metal prices during the latter half of the five-year period. Over the five years to 2023, revenue is projected to fall modestly. While the industry will benefit from improving manufacturing and construction markets worldwide, However, an appreciating dollar will constrain potential export growth, as will increased global smelting and refining activity in general, making markets increasingly competitive. Further, weakening prices of gold and zinc alongside fairly stable copper prices will put downward pressure on industry prices...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Industry product prices are closely tied to global supply conditions in upstream mining industries
  • Gold was one of the few commodities that experienced price increases at the time of the global economic crisis
  • Industry employment is expected to decline along with establishments
  • Industry Report - Industry SWOT Analysis Chapter

    The Copper, Zinc and Lead Refining industry in Canada is in the mature stage of its life cycle, indicated by rising consolidation among major players and declining profitability. Industry value added, or contribution to the overall economy, is forecast to rise at an annualized rate of 1.3% over the 10 years to 2023. In comparison, Canadian GDP is projected to grow an annualized 1.9% during the same period. However, the industry's products are integral inputs in the production of a wide range of products, including automobiles, machinery, electronics and consumer goods. Fur...purchase to read more.

    Additional Insights for the Copper, Zinc & Lead Refining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Copper, Zinc & Lead Refining Industry are

  • Having an integrated operation
  • Output is sold under contract
  • Guaranteed supply of key inputs
  • IBISWorld analysts also discuss how external factors such as Industrial capacity utilization and Canadian effective exchange rate index in the Copper, Zinc & Lead Refining industry impact industry performance..

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    What's in this report

    What is the Copper, Zinc & Lead Refining Industry?

    Companies in this industry smelt or refine nonferrous metals other than aluminum. The refining process includes the use of electrolytic methods, as well as more traditional furnace-based procedures. Additionally, industry operators that refine gold typically do so on a fee-for-service basis.

    Industry Products
  • Copper
  • Nickel
  • Zinc
  • Precious metals
  • Other nonferrous metals
  • Industry Activities
  • Precious metals smelting and refining
  • Copper smelting and refining
  • Nickel smelting and refining
  • Zinc smelting and refining
  • Lead smelting and refining
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial capacity utilization
  • Canadian effective exchange rate index
  • World price of copper
  • World price of nickel
  • World price of gold

  • Current Performance
  • Price rollercoaster
  • Rising globalization
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand and prices
  • Industry structure
  • Table: Copper, Zinc & Lead Refining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Copper, Zinc & Lead Refining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Iron & Steel Manufacturing in Canada
  • Nonferrous Metal Rolling & Alloying in Canada
  • Nonferrous Metal Foundry Product Manufacturing in Canada
  • Jewellery Manufacturing in Canada

  • Key Selling Industries
  • Copper, Nickel, Lead & Zinc Mining in Canada
  • Gold & Silver Ore Mining in Canada
  • Uranium & Metal Ore Mining

  • Products & Services
  • Precious metals
  • Copper
  • Zinc
  • Nickel
  • Other nonferrous metals
  • Chart: Copper, Zinc & Lead Refining Industry Products and Services Segmentation

  • Demand Determinants
  • Demand for nickel and zinc
  • Demand for copper

  • Major Markets
  • Exports to the United States
  • Exports to other countries
  • Metal manufacturing
  • Other
  • Jewellery, silverware and investment
  • Construction
  • Transportation equipment manufacturing
  • Chart: Major Market Segmentation for the Copper, Zinc & Lead Refining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and depreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Copper, Zinc & Lead Refining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Copper, Zinc & Lead Refining Industry

  • Industry Globalization
    Glencore PLC, Teck Resources Limited, Royal Canadian Mint,
  • Table: Glencore PLC - financial performance
  • Table: Teck Resources Limited - financial performance
  • Table: Royal Canadian Mint - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Copper, Zinc & Lead Refining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Copper, Zinc & Lead Refining Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • World price of copper (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A process that involves passing an electrical current through a liquid leach solution containing dissolved metal to extract the metal.
  • Nonferrous Metal
  • A metal that does not contain iron.
  • Ore
  • A rock that contains minerals with elements, including metals.
  • Refining
  • A process that takes smelted ore and further reduces the level of impurities, typically by oxidizing them.
  • Smelting
  • A process that involves melting ore to separate out the metallic content from the waste material (slag).
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Copper, Zinc & Lead Refining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Copper, Zinc & Lead Refining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Copper, Zinc & Lead Refining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Copper, Zinc & Lead Refining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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