In 2023, re-import of refined copper wire wider than 6 mm to China was valued at roughly $879.6 thousand. The forecast from 2024 to 2028 shows a consistent decline, with yearly decreases between 3.89% to 4.29%. The compound annual growth rate over the forecast period is negative, averaging around -4%. This suggests a progressive reduction in demand or a shift towards alternative materials or sources.
Future trends to watch for include:
- Technological advancements that might substitute copper usage
- Policy changes affecting import regulations
- Fluctuations in global copper prices impacting re-import levels
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- 2024 to 2028
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- Kilograms
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