The forecasted imports of unwrought copper alloys to China show a steady increase from 31.495 million kilograms in 2024 to 37.758 million kilograms in 2028. Assuming that imports were lower in 2023, this suggests a consistent upward trend. Year-on-year growth percentages are positive, with a significant compound annual growth rate (CAGR) expected over the five-year period.
Future trends to watch include:
- Potential policy changes impacting import tariffs or restrictions
- Technological advancements in copper recycling reducing import needs
- Economic conditions affecting demand for copper in sectors like construction and electronics