In 2023, Germany's import value for plate, sheet, strip of refined copper in coils was below the forecasted values for 2024-2028, having displayed a consistent upward trend year-on-year.
Between 2024 and 2025, the value is forecasted to rise by approximately 1.33%. This trend continues with incremental increases of about 1.29% for 2026, 1.25% for 2027, and 1.21% for 2028. The compound annual growth rate (CAGR) is anticipated to be around 1.27% from 2024 to 2028.
Future trends to watch for:
- Global economic conditions influencing copper demand and supply.
- Technological advancements in recycling and copper substitutes.
- Environmental regulations impacting copper extraction and processing.
