In 2023, Belgium led the global export market of master alloys of copper with a substantial value, closely followed by the United Kingdom and Kazakhstan. Despite a decline, the United States and South Korea maintained significant positions. China and Italy experienced healthy growth, unlike Japan, Germany, and Spain, which saw reductions. Poland and Denmark registered exceptional increases in export values due to strong year-on-year growth. On the contrary, countries like Switzerland, Serbia, and particularly Austria faced notable declines, indicating shifting competitive dynamics.
Future trends to watch include:
- Potential market recovery in countries with declining exports.
- Continuous growth in emerging export leaders like Poland and Denmark.
- Impact of geopolitical influences on trade flows, particularly affecting major players.
- Technological advancements influencing production and export capabilities.
Top countries in Export of Master Alloys of Copper by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 117,860,000 | 2023 | +2.22% | +1.26% | View data |
| 2 | 2 United Kingdom | 32,712,000 | 2023 | -0.3% | -1.38% | View data |
| 3 | 3 Kazakhstan | 26,103,000 | 2023 | +1.24% | +0.78% | View data |
| 4 | 4 United States | 16,780,000 | 2023 | -0.7% | -1.87% | View data |
| 5 | 5 South Korea | 15,023,000 | 2023 | +1.35% | +1.76% | View data |
| 6 | 6 Italy | 13,880,000 | 2023 | +3.35% | +3.16% | View data |
| 7 | 7 Germany | 7,274,900 | 2023 | -4.71% | -4.99% | View data |
| 8 | 8 India | 6,383,900 | 2023 | +3.05% | +0.8% | View data |
| 9 | 9 China | 4,794,400 | 2023 | +3.16% | +3.37% | View data |
| 10 | 10 Japan | 2,552,100 | 2023 | -4.89% | -8.71% | View data |
