Key Market Indicators
Lao copper imports are expected to dip to around $4.75 million by 2026, down from $5.63 million in 2021. This represents a CAGR of 2.9%, compared to the 3.3% year-on-year increase since 2015. In 2021, Lao ranked 106th, behind Uganda with $5.63 million. Germany, the US, and Italy took the top three spots in the ranking. Meanwhile, Lao copper exports are projected to fall to $303 million by 2026, down from $368.6 million in 2021. This represents a 3.3% year-on-year decrease on average, compared to the 0.5% decrease since 2015. Lao came in 42nd place in 2021, behind Slovakia with $368.6 million. Germany, the US, and Japan took the top three spots.