Copper demand prospects in the Gulf Cooperation Council states

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Report summary

Outside China, the Gulf Cooperation Council states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE represent the most dynamic growth market for copper. 90% of copper use in the region is in the form of insulated wire and cable. Growth has been spurred by multiple end use demand drivers which should deliver reasonably fast and predictable growth, even during a period of low oil prices. Reduced supplies of cheap Russian wire rod should incentivise new rod projects within the region.

What's included

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  • Document

    Copper demand prospects in the Gulf Cooperation Council states

    PDF 302.59 KB

Table of contents

    • Introduction to the GCC states
    • Copper trading links to the wider region
    • The changing role of Russian wire rod
    • Multiple end use demand drivers
      • Wire rod production, trade and consumption - kt
    • The major companies
    • Conclusions and implications

Tables and charts

This report includes 4 images and tables including:


  • GCC wire rod consumption by country in 2013 - % share
  • Wire and cable consumption by product type in 2013 - % share


  • Major macroeconomic indicators for the GCC
  • Copper demand prospects in the Gulf Cooperation Council states: Table 2

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