In 2023, Germany and Italy led European imports of unwrought refined copper and copper alloys, with values of 585.02 million kg and 568.29 million kg, respectively. While Germany's imports decreased by 4.04% year-on-year, Italy's were nearly stable. Notably, Austria saw a significant increase of 26.13% in imports. Meanwhile, Sweden, Ireland, and Cyprus experienced sharp declines of over 15%. Estonia also marked a notable rise of 27.94%, albeit from a smaller base. The five-year CAGR trends show varied growth, highlighting countries like Estonia and Luxembourg as notable contributors despite lower overall volumes.
Future trends in European copper imports include potential increases driven by industrial demand in tech and renewable energy sectors. However, geopolitical factors and economic conditions will likely influence import dynamics, with countries diversifying sources to mitigate supply chain risks. Watch for increased focus on sustainability and recycling impacting overall demand for unwrought copper.
Top countries in Import of Unwrought Refined Copper and Copper Alloys by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 585,020,000 | 2023 | +0.64% | -4.04% | View data |
| 2 | 2 Italy | 568,290,000 | 2023 | +3.67% | -0.31% | View data |
| 3 | 3 France | 219,800,000 | 2023 | +1.93% | -0.32% | View data |
| 4 | 4 Netherlands | 218,870,000 | 2023 | +2.85% | -8.73% | View data |
| 5 | 5 Spain | 109,170,000 | 2023 | +2.44% | +3.66% | View data |
| 6 | 6 Greece | 72,036,000 | 2023 | +0.0029% | +1.13% | View data |
| 7 | 7 Austria | 69,009,000 | 2023 | +11.21% | +26.13% | View data |
| 8 | 8 Belgium | 50,731,000 | 2023 | -6.85% | +0.32% | View data |
| 9 | 9 Bulgaria | 33,976,000 | 2023 | +3.15% | -1.24% | View data |
| 10 | 10 Slovakia | 27,222,000 | 2023 | +4.12% | +4.88% | View data |
