In 2023, the re-import of not backed foil of copper alloy to China stood at a significant volume, serving as a baseline for future forecasts. By 2024, the volume is expected to reach 94.1 thousand kilograms, followed by a steady decline through 2028, when it is projected to reduce markedly to 10.78 thousand kilograms. Year-on-year variations signify substantial decreases: -22.8% in 2025, -28.9% in 2026, -39.9% in 2027, and -65.2% in 2028. The compound annual growth rate (CAGR) for this period suggests a strong downward trend over these five years.
Future trends to watch for include:
- Potential shifts in global copper demand and supply dynamics affecting re-import needs.
- China's domestic production capacity for copper foil impacting import requirements.
- Short- and long-term economic policies influencing trade practices.
- Technological advancements in copper alloy use reducing dependency on imports.