In 2023, the import of copper ores and concentrates to France was measured at 22.5 thousand kilograms, based on historical trends. Forecasts indicate a continuous decline in imports from 2024 to 2028. The anticipated year-on-year decreases are approximately 9.8% from 2024 to 2025, 10.6% from 2025 to 2026, 11.7% from 2026 to 2027, and 13% from 2027 to 2028. Overall, the Compound Annual Growth Rate (CAGR) suggests an average decrease of 11% annually over the five-year forecast period.
Future trends to watch for include:
- Global market shifts affecting copper demand and supply chain dynamics.
- Technological advancements in recycling and alternatives reducing dependency on imported copper ores.
- Policy changes within the EU impacting trade and import taxation.
- Fluctuations in energy costs influencing copper production and transportation.