In 2023, the import value of copper-zinc base alloy wire to China was approximately 38.65 million US Dollars. Forecasts indicate a steady decline in imports, with values decreasing to 37.826 million in 2024 and further down to 34.716 million by 2028. This represents an annual drop of approximately 2.5% year-on-year from 2023 to 2024. The compound annual growth rate (CAGR) over the 2024-2028 period is about -2.0%, reflecting a consistent downward trajectory.
Looking ahead, factors to consider include China's domestic production capabilities, global economic conditions, and changes in demand from key sectors such as electronics or automotive industries that could influence import trends of this alloy wire.
