In 2023, the import of plate, sheet, and strip of copper-zinc alloy in coils to China stood at an unspecified benchmark, providing a reference point for the subsequent forecasted values. From 2024 to 2028, the forecast indicates a declining trend in imports, with values decreasing from 38.574 million kilograms in 2024 to 34.152 million kilograms in 2028. This represents a gradual year-on-year decline, showcasing a decreasing demand or a strategic shift in sourcing or production. The compounded annual growth rate (CAGR) over these years illustrates an average annual decrease as well.
Future trends to watch for:
- Potential changes in global economic conditions affecting supply chains.
- Technological advancements or material substitutions reducing copper-zinc alloy demand.
- Policy changes in import tariffs or trade agreements impacting copper-zinc alloy imports.
- Environmental regulations influencing resource extraction and import volumes.