In 2023, China and Japan dominated the global export market for backed foil of refined copper, collectively accounting for over 62% of the share in US dollars. South Korea and the United States followed, with significant portions, while European countries like Belgium and Germany held smaller shares. Although China experienced a slight decline, Japan, South Korea, and the United States showed positive growth, indicating a shifting landscape. Notable growth was observed in Slovenia, the Czech Republic, and emerging markets like Croatia. Conversely, France, Finland, and Denmark faced sharp declines in their exports.
Future trends suggest that Asia will continue to lead in exports, with China, Japan, and South Korea maintaining or potentially expanding their shares. The European market may see a realignment as countries like Croatia grow more prominent, while traditional exporters like France could face challenges. It's crucial to monitor technological advancements and policy shifts that could influence trade dynamics in refined copper exports.
Top countries in Export of Backed Foil of Refined Copper Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 31.89 | 2023 | -0.24% | -0.38% | View data |
| 2 | 2 Japan | 31.06 | 2023 | +1.25% | +0.89% | View data |
| 3 | 3 South Korea | 14.73 | 2023 | +2.47% | +1.3% | View data |
| 4 | 4 United States | 5.81 | 2023 | +0.13% | +0.75% | View data |
| 5 | 5 Belgium | 2.85 | 2023 | +1.67% | +1.53% | View data |
| 6 | 6 Germany | 2.72 | 2023 | -1.3% | -1.44% | View data |
| 7 | 7 Thailand | 2.46 | 2023 | +2.63% | +2.14% | View data |
| 8 | 8 Singapore | 1.76 | 2023 | -1.16% | -0.67% | View data |
| 9 | 9 Austria | 1.31 | 2023 | +0.33% | -0.15% | View data |
| 10 | 10 Malaysia | 1.06 | 2023 | -7.61% | -7.75% | View data |
