The import of copper ores and concentrates to Sweden has experienced notable fluctuations from 2013 to 2023. Starting at $581.6 million in 2013, it has generally trended downwards, reaching $439.2 million in 2023. The year-on-year variation has shown significant drops, particularly between 2013-2014 and 2020-2021, and intermittent increases, notably in 2018 and 2021. Over the past five years, the compound annual growth rate (CAGR) has been slightly negative at -1.39%.
Looking ahead, the forecasted data from 2024 to 2028 suggest a continued slight decrease, with an average annual decline of 0.54% and an overall 5-year growth rate of -2.67%. While the historical data showed periods of recovery, the forecast indicates a more stabilized decrease in import values.
Future trends to watch for include changes in global copper demand, technological advancements affecting copper mining and processing, trade policies impacting copper imports, and economic conditions within Sweden that could influence industrial demand for copper ores and concentrates.
