In 2023, Japan and South Korea led the global export of not backed foil of refined copper, with Japan slightly increasing by 0.73% and South Korea by 3.19% year-on-year. The Philippines demonstrated a remarkable growth of 11.23%, while China saw a slight decrease of 0.87%. Emerging European economies like Poland and Belgium experienced strong growth rates of 27.56% and 6.04%, respectively. Conversely, traditional exporters like Germany and Switzerland saw declines of 3.47% and 7.46%. The positive outlook of smaller economies such as Finland and Lithuania showcases a diversified growth trend in the copper foil market.
Future trends to watch include:
- The impact of technological advancements on copper foil demand in electronics and renewable energy sectors.
- Potential supply chain disruptions and geopolitical tensions affecting key exporting countries.
- Sustainability initiatives pushing for recycled materials may also alter export dynamics.
- China's fluctuating demand, with its influence over global supply chains, remains crucial for forecasts.
- Greater focus on environmental regulations in major producing countries.
Top countries in Export of Not Backed Foil of Refined Copper by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 419,080,000 | 2023 | +2.72% | +0.73% | View data |
| 2 | 2 South Korea | 410,440,000 | 2023 | +4.05% | +3.19% | View data |
| 3 | 3 China | 234,870,000 | 2023 | +0.86% | -0.87% | View data |
| 4 | 4 Philippines | 192,040,000 | 2023 | +1.87% | +11.23% | View data |
| 5 | 5 Luxembourg | 143,450,000 | 2023 | +1.41% | +0.96% | View data |
| 6 | 6 Netherlands | 137,710,000 | 2023 | +4.61% | +5.17% | View data |
| 7 | 7 Malaysia | 131,550,000 | 2023 | +0.52% | +1.03% | View data |
| 8 | 8 Germany | 106,340,000 | 2023 | -2.83% | -3.47% | View data |
| 9 | 9 United States | 52,753,000 | 2023 | +3.38% | +3.32% | View data |
| 10 | 10 Italy | 48,806,000 | 2023 | +3.93% | +2.69% | View data |
