Key Market Indicators
China's copper exports are projected to reach $8.2 billion by 2026, up from $7.3 billion in 2021. This growth would be driven by an average yearly increase of 1.8%. Since 1997, Chinese supplies have grown 4.8% annually. In 2021, the country was fifth in global rankings; Japan took the top spot with exports of $7.3 billion. Germany, the United States, and Japan followed in second, third and fourth place respectively. Meanwhile, Chinese copper imports are forecast to reach $54.8 billion by 2026, up from $49.1 billion in 2021. This growth would be driven by an average yearly increase of 1.8%. Since 1997, Chinese demand has jumped 8.1% annually. Germany, the United States, and Italy held second, third and fourth place in the global rankings, respectively.
