The import volume of copper and copper alloy waste or scrap into China in 2023 stood at 2.19 billion kilograms. The forecasted data suggests a declining trend from 2024 to 2028, with a year-on-year decrease of approximately 5.35% from 2024 to 2025, 5.54% from 2025 to 2026, 5.76% from 2026 to 2027, and 5.98% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is projected to be -5.68%, indicating a consistent year-on-year decline in import volumes.
Future trends to watch include China's increasing domestic recycling capabilities and stricter environmental policies, which could further reduce import dependency. Additionally, global market fluctuations and demand for copper in the renewable energy sector may impact these forecasts.
