Forecast: Copper Secondary Refinery Production in Japan

In 2023, Japan's copper secondary refinery production stood at 401.50 thousand metric tons. The forecast data from 2024 to 2028 show a consistent year-on-year increase. For instance, production is expected to rise from 411.64 in 2024 to 456.02 thousand metric tons by 2028. This represents a growth rate of 2.77% from 2024 to 2025, 2.65% from 2025 to 2026, 2.53% from 2026 to 2027, and 2.42% from 2027 to 2028, giving an overall compound annual growth rate (CAGR) of approximately 2.58% over these five years.

Future trends to watch for:

  • The impact of technological advancements in recycling processes, which could enhance efficiency and increase production capacity.
  • Government policies and regulations aimed at promoting the recycling industry might further boost production rates.
  • Volatility in global copper prices and demand could influence the forecasted growth rates and actual production volumes.

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