Forecast: Import of Copper Bars, Rods and Profiles to Germany

In 2023, Germany's import of copper bars, rods, and profiles was higher than the projected figures for the coming years, indicating a downward trend. From 2024 to 2028, the import volume is forecasted to decrease annually, starting at 73.577 million kilograms in 2024 and declining to 72.129 million kilograms by 2028. The decline reflects a continuous slight reduction in import volume each year.

The year-on-year variations from 2024 to 2028 show a gradual decrease in import volume, with noticeable declines in 2026 and 2027, which denote a consistent downward trend. The compound annual growth rate (CAGR) over these five years indicates a small negative average annual change, underscoring the long-term downtrend.

Future trends to watch for include:

  • Potential shifts in demand for copper due to technological advancements and changes in industrial applications.
  • Emergence of alternative materials that could influence copper imports.
  • Global market dynamics and economic conditions influencing the supply chain and trade policies.

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