In 2023, Germany's import of master alloys of copper stood at 9.5 million kilograms. The forecast from 2024 to 2028 suggests a steady upward trend, with an increase from 9.6 million kg to approximately 10 million kg by 2028. Year-on-year growth is consistent, with less than 1% annual increments. The compound annual growth rate (CAGR) over five years is around 0.9%, indicating stable demand growth.
Future trends to watch for include:
- Technological advancements in copper alloy applications.
- Fluctuations in global copper prices and trade policies.
- Demand shifts driven by green energy initiatives and electric vehicle production.