The import value of refined copper and copper alloys to Switzerland is forecasted to show a decreasing trend from 2024 to 2028. In 2023, the import value stood at approximately 30.75 million US dollars. The forecasted data for 2024 indicates an import value of 30.217 million US dollars, which reflects a slight decrease of 1.73% compared to the previous year. The year-on-year percentage variation shows a consistent decline of 1.84% in 2025, 1.83% in 2026, 1.83% in 2027, and 1.83% in 2028. Over the last five years, the compound annual growth rate (CAGR) is approximately -1.81%, indicating a steady but gradual decrease in import values.
Future trends to watch for include potential shifts in global supply chains, changes in demand due to innovations in alternative materials or technologies, and economic factors such as tariffs or trade agreements that could impact import values. Additionally, monitoring the prices of copper on international markets and Switzerland's domestic consumption needs will be crucial in predicting future import variations.
