The import of refined copper bars, rods, and profiles to Germany is forecasted to decline slightly from 19.001 million kilograms in 2024 to 18.703 million kilograms in 2028. Compared to 2023, the year-on-year growth rates for each subsequent year show a negative trend, indicating a gradual decrease in imports. Over the five-year forecast period, the compound annual growth rate (CAGR) is negative, highlighting an overall diminishing demand or supply availability scenario for these copper imports.
Future trends to watch for include:
- Adoption of alternative materials and technologies that could replace the demand for copper.
- Economic factors in Germany and global markets which may influence industrial copper consumption.
- Environmental and regulatory developments affecting copper mining and trade policies.
- Changes in global supply chains impacting the availability and pricing of refined copper.
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