Key Market Indicators
Azerbaijan's copper exports are expected to hit $47 million by 2026, a 3.9% increase from 2021's figure of $37 million. Since 2001, the country's supply has grown 13.7% year on year. In 2021, Azerbaijan was ranked 74th, with Kuwait coming in first at $37 million. Germany, the United States and Japan followed, ranking second, third and fourth respectively. Azerbaijan's copper imports are forecast to reach $29 million by 2026, staying the same as 2021's figure of $29 million. Since 2001, the country's demand has decreased by 1.4% year on year. In 2021, Azerbaijan was ranked 82nd, with the Dominican Republic coming in first at $29 million. Germany, the United States and Italy followed, ranking second, third and fourth respectively.