Key Market Indicators
Sweden's copper imports are expected to decrease from $924.6 million in 2021 to $869.4 million by 2026, representing a 1% year-on-year average reduction. Since 1997, Sweden's copper imports have increased by 1.9% annually. In 2021, the country ranked 27th in the world, with Switzerland overtaking it with imports worth $924.6 million. Germany, the United States and Italy occupied the top three spots. Meanwhile, Sweden's copper exports are anticipated to grow from $1.634 billion in 2021 to $1.711 billion by 2026, representing an average annual growth rate of 0.8%. Since 1997, the country's copper exports have increased by 7.3% year-on-year. In 2021, Sweden was 28th in the world, with the Philippines overtaking it with exports worth $1.634 billion. Germany, the United States and Japan held the top three positions.