Forecast: Import of Copper and Copper Alloy Plates, Sheets and Strip to Germany

In 2023, the import of copper and copper alloy plates, sheets, and strip to Germany stood at approximately 54 million kilograms. Forecasted data for the upcoming years suggest a declining trend with a year-on-year decrease observed continuously. By 2028, imports are expected to decrease to around 51 million kilograms. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 indicates an average annual decrease, reflecting a potential easing in demand or increased self-sufficiency in Germany's copper alloy needs.

Future trends to watch for include:

  • Global copper market price fluctuations which could impact import dependencies.
  • Technological advancements in copper alloy substitutes potentially decreasing import demand.
  • Economic and trade policy changes affecting import patterns in Germany.

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