In 2023, Belgium led the global exports of master alloys of copper with a significant share, followed by the United Kingdom, Kazakhstan, and the United States. Italy and South Korea showed positive growth trends, while Germany and Japan experienced notable declines. Poland and Denmark registered remarkable year-on-year growth, while regions like Austria, Chile, and Switzerland saw considerable declines. Emerging players such as Thailand demonstrated strong growth in export share.
Future trends to watch include further growth from developing countries as they seek to enhance their industrial capabilities, potentially impacting market shares among traditional exporting nations. Technological advancements and trade policies will also shape future export dynamics. Watch for shifts towards more sustainable production and environmentally friendly practices influencing market competition.
Top countries in Export of Master Alloys of Copper Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 45.21 | 2023 | +2.22% | +1.26% | View data |
| 2 | 2 United Kingdom | 12.55 | 2023 | -0.3% | -1.38% | View data |
| 3 | 3 Kazakhstan | 10.01 | 2023 | +1.24% | +0.78% | View data |
| 4 | 4 United States | 6.44 | 2023 | -0.7% | -1.87% | View data |
| 5 | 5 South Korea | 5.76 | 2023 | +1.35% | +1.76% | View data |
| 6 | 6 Italy | 5.32 | 2023 | +3.35% | +3.16% | View data |
| 7 | 7 Germany | 2.79 | 2023 | -4.71% | -4.99% | View data |
| 8 | 8 India | 2.45 | 2023 | +3.05% | +0.8% | View data |
| 9 | 9 China | 1.84 | 2023 | +3.16% | +3.37% | View data |
| 10 | 10 Japan | 0.98 | 2023 | -4.89% | -8.71% | View data |
