The forecast for the import of table or kitchen articles of copper to China from 2024 to 2028 indicates a consistent decline. In 2023, the imports stood at approximately 52.85 thousand kilograms. Forecasted values suggest import volumes will decrease progressively each year: from 49.49 thousand kilograms in 2024 to 36.71 thousand kilograms in 2028.
Year-on-year percentage changes show a decline in imports, with each year witnessing a decrease compared to the previous one. Particularly, significant drops are observed annually. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects a negative trend.
Future trends to watch include:
- The impact of rising domestic production on import demand could further depress import needs.
- Changes in global copper prices may influence the cost-benefit dynamics of importing table or kitchen articles.
- Trade policies or tariff adjustments by China or export countries could significantly alter future import quantities.
- Consumer preference shifts towards sustainable or alternative materials might impact copper usage in household items.
