Key Market Indicators
Luxembourg's copper exports are slated to reach $178 million by 2026, up from $167 million in 2021. This marks an average annual growth rate of 1.1%. Since 2004, Luxembourg's copper exports have increased by 5% each year. In 2021, the country ranked 52nd in terms of export volume, with Iran topping the list at $167 million. Germany, the United States and Japan occupied the 2nd, 3rd, and 4th spots respectively. Conversely, Luxembourg's copper imports are projected to hit $129 million in 2026, up from $121 million in 2021. This translates to a year-on-year rise of 1.1%. Since 2004, the country's demand for copper imports has climbed by an average of 7.2% per year. In 2021, Luxembourg placed 62nd in terms of import volumes, with Chile coming out on top at $121 million. Germany, the United States and Italy occupied the 2nd, 3rd, and 4th spots respectively.
