Copper is one of the world's most strategic raw materials. Recently, wars and tensions have caused serious supply issues, pushing prices above $14,000 per ton.
This price surge will hit electronics, automotive, construction, and renewable energy sectors. Electric vehicles use 80-100 kg of copper, making them even more expensive.
Azerbaijan is both a copper exporter and importer, so the impact is two-sided. Copper exports are rising: in January 2026, export value reached $20.5 million.
However, since we import many finished goods like home appliances and electronics, their prices will increase. Resolving the crisis requires easing tensions around Iran.
