The import of copper and copper alloy waste or scrap to India is forecasted to increase from 219.44 million kilograms in 2024 to 238.0 million kilograms in 2028. This marks an estimated year-on-year increase of approximately 1.92% from 2024 to 2025, 2.09% from 2025 to 2026, 2.01% from 2026 to 2027, and 1.93% from 2027 to 2028. The compound annual growth rate (CAGR) over the period from 2024 to 2028 is approximately 2% per year. In 2023, the import value was approximately 214.0 million kilograms.
Future trends to watch for include fluctuations in global copper supply and demand, changes in India's recycling policies, and technological advancements that could affect the efficiency of recycling processes. Additionally, shifts in international trade policies and environmental regulations may significantly impact the import dynamics of copper scrap in India.
