In 2023, the import of bar, rod, and profiles of copper-zinc base alloys to China was projected to be the baseline for subsequent years. The forecast data from 2024 to 2028 indicates a consistent decline in the import volume from 48.326 million kilograms in 2024 to 46.263 million kilograms in 2028. The year-on-year decline suggests a gradual decrease in imports, with an average rate of contraction becoming evident when considering the five-year compound annual growth rate (CAGR).
Future trends to watch are potential changes in domestic production capacity, global economic conditions impacting trade, and technological advancements in alternative materials that may affect demand for copper-zinc alloys. Additionally, shifts in China's industrial and manufacturing sectors might influence future import levels, potentially redirecting or increasing the demand for these alloys depending on market needs and environmental regulations.
