In 2023, Germany imported 97 million kilograms of unrefined copper and copper anodes for electrolytic refining. The forecast data suggests a steady increase in imports from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately 3.03% over these five years. The year-on-year growth rate is anticipated to range between 3.2% and 2.8% across these years, demonstrating a consistent upward trend.
Future trends to watch for:
- Economic policies in Germany and globally affecting copper demand and trade regulations.
- Technological advancements in copper recycling and efficiency, potentially impacting the need for imports.
- Volatility in global copper prices and how they influence import volumes and strategies in Germany.
