In 2023, China led the global import market for copper and copper alloy waste or scrap, contributing 38.77% of the total value. Germany followed at 12.21%, with notable increases in imports observed in countries like Russia and Serbia, showing significant year-on-year growth of 5.78% and 5.94% respectively. On the other hand, countries like France and Brazil experienced declines. The compound annual growth rate (CAGR) indicates mixed trends with substantial gains in Chile and Tanzania, while countries such as Bosnia and Herzegovina saw marked declines.
Looking forward, key trends to watch include potential shifts in trade dynamics due to geopolitical tensions, which could affect import shares. Emerging economies may increase their market share due to industrial expansion. Sustainability initiatives could also influence import strategies, as circular economy practices become more prevalent globally.
Top countries in Import of Copper and Copper Alloy Waste or Scrap Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38.77 | 2023 | +0.97% | +0.54% | View data |
| 2 | 2 Germany | 12.21 | 2023 | +1.12% | +0.6% | View data |
| 3 | 3 South Korea | 8.65 | 2023 | +2.44% | +1.54% | View data |
| 4 | 4 Japan | 5.54 | 2023 | +2.58% | +0.66% | View data |
| 5 | 5 Belgium | 5.03 | 2023 | +0.73% | +0.2% | View data |
| 6 | 6 Italy | 4.07 | 2023 | +2.12% | +0.61% | View data |
| 7 | 7 India | 3.99 | 2023 | +2.44% | +1.97% | View data |
| 8 | 8 United States | 3.61 | 2023 | +3.21% | +3.08% | View data |
| 9 | 9 Spain | 2.23 | 2023 | +2.52% | +1.97% | View data |
| 10 | 10 Poland | 2.15 | 2023 | +4.06% | +4.87% | View data |
