In 2023, Germany remained the largest importer of master alloys of copper, accounting for over 36% of the global share, followed by China at approximately 11%. The Philippines, Malaysia, and the United States rounded out the top five importers. Significant year-on-year growth was observed in countries like Bahrain (16.2%), Armenia (16.55%), and Denmark (34.04%), while declines were noted in France (-6.39%), Switzerland (-6.31%), and Singapore (-38.87%). The Compound Annual Growth Rate (CAGR) over the past five years indicates overall modest growth, with notable surges in emerging markets.
Future trends to watch include the increasing demand from ASEAN countries and potential policy changes in key markets like the United States and China. Technological advancements in copper alloy manufacturing and geopolitical factors are also likely to impact import dynamics significantly. Monitoring these trends will provide better insights into future market behavior.
Top countries in Import of Master Alloys of Copper Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.03 | 2023 | +1.36% | +1.16% | View data |
| 2 | 2 China | 11.26 | 2023 | +3.59% | +2.64% | View data |
| 3 | 3 Philippines | 5.95 | 2023 | +6.15% | +5.01% | View data |
| 4 | 4 Malaysia | 4.8 | 2023 | +4.15% | +0.89% | View data |
| 5 | 5 United States | 4.47 | 2023 | -0.18% | -0.9% | View data |
| 6 | 6 Japan | 4.18 | 2023 | -0.26% | +5.1% | View data |
| 7 | 7 South Korea | 3.17 | 2023 | +1.65% | +0.71% | View data |
| 8 | 8 Italy | 3.17 | 2023 | -1.5% | -0.78% | View data |
| 9 | 9 Austria | 2.86 | 2023 | +2.12% | +3.05% | View data |
| 10 | 10 Mexico | 2.65 | 2023 | +0.33% | -0.37% | View data |
