Key Market Indicators
Cypriot copper imports are projected to reach $12.2 million by 2026, a 0.4% decrease from 2021's figure of $12.5 million. Since 1994, demand has increased by 4.8% each year. In 2021, Cyprus was ranked 94th in the world, overtaken by El Salvador's $12.5 million. Germany, the United States and Italy were the top three countries for copper imports. Meanwhile, Cypriot copper exports are forecast to drop by 5.9% to $10.6 million by 2026 from $15.1 million in 2021. Since 1994, supply has decreased by 2.8% each year. In 2021, Cyprus was ranked 83rd in the world, behind Panama's $15.1 million. Germany, the United States and Japan came in first, second and third respectively.
