The forecast for the import of copper and copper alloy waste or scrap into the US shows a steady increase from 2024 to 2028. The value stood at 173 million kilograms in 2023, indicating a consistent year-on-year growth. The percentage growth from 2024 to 2025 is approximately 2.5%, followed by similar increments in subsequent years, maintaining this upward trend. Over the five-year period, the compound annual growth rate (CAGR) is projected to be around 2.5%, reflecting a stable increase in import volume.
Future trends to watch for include:
- The impact of global demand for copper recycling in driving imports.
- Economic factors affecting the US copper industry, such as pricing and trade policies.
- Technological advancements in recycling processes which may influence import volumes.