In 2023, the import of copper ores and concentrates to Germany stood at about 1.23 billion kilograms. The forecast until 2028 suggests a steady increase, reaching approximately 1.2953 billion kilograms. The year-on-year growth is projected to be modest: each year from 2024 to 2028 sees an increment of around 0.8% to 0.9%. The compound annual growth rate (CAGR) forecast for this five-year period is about 0.8% per year. This indicates a stable but slow upward trend in imports.
Future trends to watch for:
- Potential shifts in global copper demand and supply dynamics due to technological and industrial changes.
- Impact of environmental and regulatory policies affecting mining and importation processes.
- Economic factors influencing raw material sourcing and international trade partnerships.