In 2023, Canada was the leading importer of copper oxides and hydroxides globally, with significant import volumes, followed by China and South Korea. Major European countries like the United Kingdom, Sweden, and Germany also played crucial roles. Notably, Canada saw a 6.6% increase in imports year-on-year, while China experienced a slight decrease. Among notable changes, Kazakhstan's imports surged by nearly 235%, indicating a strategic shift or increased demand. Countries like El Salvador and Angola also saw remarkable growth, while declines were witnessed in Singapore, Ecuador, and Colombia. A diverse trend of growth and decline emerged among smaller importing nations.
Looking ahead, trends to watch include the continued rise in imports in emerging economies, potential shifts in production locations that could affect import demand, and policy changes impacting international trade agreements. Additionally, technological advancements in refining and recycling could alter the landscape and demand for raw imports.
Top countries in Import of Copper Oxides and Hydroxides by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 57,656,000 | 2023 | +5.19% | +6.6% | View data |
| 2 | 2 China | 6,758,800 | 2023 | -2.78% | -2.68% | View data |
| 3 | 3 South Korea | 5,930,900 | 2023 | +0.1% | +0.34% | View data |
| 4 | 4 United Kingdom | 3,709,700 | 2023 | -2.75% | -2.81% | View data |
| 5 | 5 Sweden | 3,215,300 | 2023 | +1.09% | +1.27% | View data |
| 6 | 6 United States | 2,953,000 | 2023 | -2.54% | -2.5% | View data |
| 7 | 7 Norway | 2,453,400 | 2023 | +5.39% | +4.07% | View data |
| 8 | 8 Italy | 2,055,000 | 2023 | +2.98% | +3.05% | View data |
| 9 | 9 Japan | 1,891,900 | 2023 | -2.24% | -1.66% | View data |
| 10 | 10 South Africa | 1,644,000 | 2023 | +2.39% | +1.77% | View data |
